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Legal Description:14840 Naranja Lakes Blvd, Homestead, FL, Miami-Dade County, 33032
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Listed on:Feb 22, 2023
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Occupancy:n/a
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Taxes:$12,692 per year
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Floor Description:---
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Year Built:1974
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Zoning:---
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Days on Market:92
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Parking:Yes
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Tax Year:2022
14840 Naranja Lakes Blvd, Homestead, FL, Miami-Dade County, 33032
14840 Naranja Lakes Blvd, Homestead FL 33032
EXCLUSIVE SALE: An exceptional investment opportunity of 14 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 $157,143. The median market rent for similar units in the area is $2,100. The current gross rent is $250,800 with a potential annual rent of $352,800. Minimum purchase is 5 units. 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.
Miami Residence will connect you with an agent in a short time.
FOR SALE DETAILS
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Photo Count1
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Property TypeCentral Individual A/C
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SqFt Total1075
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Terms ConsideredAll Cash
Any questions about Residential Land?
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