Property Description

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.

Features
: Central
: Central Air
: Carpet
: Other Lot Description
: Other
: Public Sewer
Address Map
FL
Miami-Dade County
Homestead
33032
14840 Naranja Lakes Blvd
NARANJA LAKES, HOMESTEAD
0
W81° 34' 1.7''
N25° 30' 33.2''
NARANJA LAKES, HOMESTEAD
MLS Addon
Keller Williams Capital Realty
Ricky Kallabat
: Other
$499
Monthly
: Cbs Construction
8
3254287
KWCG01
: Conventional, All Cash, Owner Will Carry
1
14
: Trash Collection, Water, Other Rent Incl, Sewer, Cable Tv
3
: Quadruplex, Fourplex
$1,613
2023
3900

Residential Income For Sale

14840 Naranja Lakes Blvd, Homestead, Florida 33032

1,075 Sqft
$157,143
Listing ID #A11628895
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11628895
Price : $157,143
Square Footage : 1,075 Sqft
Year Built : 1974
Building Area : 1,075 Sqft
Status : Active
Property SubType : Quadruplex
Agent info
Daniel Lombardi
Contact Agent
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