14840 Naranja Lakes Blvd #C2L
Homestead, FL 33032
#A11628906
Description
EXCLUSIVE SALE: An exceptional investment opportunity of 16 condo units in a complex of 240 units. These units offer a prime location combined with a strong rental market. Each condo has 1,075 sq. ft., featuring 2 beds and 1.5 bathrooms All units are rented, ensuring immediate cash flow. The price per unit is $150,000. The median market rent for similar units in the area is $2,100. The current gross rent is $270,800 with a potential annual rent of $372,800. The seller is open to seller financing with favorable terms: 50% down and 7% interest-only for the first 3 years. Impact windows in each unit, new roof, and recent exterior paintwork have been paid for through a previous assessment. Don't miss this rare opportunity to acquire an income-generating portfolio.
Property Details
- Property SubtypeIncome/MultiFamily
- Sewer InformationPublic Sanitation
- CountyMiami-Dade County
- Parking TypeAssigned, Guest
- MLS #A11628906
- MLS #A11628906
- Property TypePurchase
- Cost2400000
- Utility SourcePublic
- Year Built1974
- Hoa Fees499
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Ricky Kallabat (#3254287)
Listing Office: Keller Williams Capital Realty (#KWCG01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
