14840 Naranja Lakes Blvd, Homestead, 33032

  • $157,143

Listing UP for Sale

Homestead

14840 Naranja Lakes Blvd, Homestead, 33032

Homestead

  • $157,143

Overview

Property ID: A11628895
  • Property Type
  • Quadruplex
  • 1075
  • sqft
  • 1974
  • Year Built

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.

  • Address 14840 Naranja Lakes Blvd
  • City Homestead
  • State/county Florida
  • Zip/Postal Code 33032
  • Area Miami-dade County

Details

Updated on July 25, 2024 at 12:16 pm
  • Property ID: A11628895
  • Price: $157,143
  • Property Size: 1075 sqft
  • Year Built: 1974
  • Property Type: Quadruplex
  • Property Status: Listing UP for Sale

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Ricky Kallabat
  • Ricky Kallabat