14840 Naranja Lakes Boulevard, Unit C2L

Homestead, FL 33032

$2,200,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Ricky Kallabat PA • Keller Williams Capital Realty
  2. Listed by Joshua Alcantara • Keller Williams Eagle Realty

Property Details for 14840 Naranja Lakes Boulevard, Unit C2L

Waterfront
No
Area
69
Auction
No
Year Built Description
Resale
LISTING UPDATED: 08/02/2024 04:23 PM

Property Details for 14840 Naranja Lakes Boulevard, Unit C2L

StatusActive
MLS #A11628906
Days on Market152
Taxes$1,613 / year
HOA Fees$499 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1974
Lot Size0.02 AC / 1,075 SF
CountyMiami-Dade County

Building

NARANJA LAKES CONDO NO 5

4 StoriesBuilt in 1974

Building Information for 14840 Naranja Lakes Boulevard, Unit C2L

Stories4Residences-Year Built1974Building Size-Lot Size0.02 AC / 1,075 SF

Property Information for 14840 Naranja Lakes Boulevard, Unit C2L

Location Information
Location Information
  • Parcel Number Free Text: 30-69-33-014-1550
  • Parcel Number MLX: 1550
  • MLS Area: 69
  • Municipal Code: 30
  • Township Range: 69
  • Section: 33
  • Subdivision Number: 14
  • Subdivision Complex Bldg: A, B, C, & D
  • Unit Count: 1
  • Zoning Information: 3900
General Information
Parking
  • Parking Description: Assigned Parking, Guest Parking, Accessible Parking
General Information
  • Property Description: 14 Condo Unit Portfolio Sale
  • Prop Type-Type of Building: Condominium, Residential-Multi-Family
  • Building Sq Ft: 1,075
  • Num Meters: 6391
  • Approximate Lot Size: 1075
  • Property Sq Ft: 1075
  • Num Buildings: 4
  • Num Floors: 3
  • Road Frontage: City Road, County Road
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Concrete Roof
  • Flooring: Carpeted Floors
  • Floor Description: Carpeted Floors
  • Security Information: Fenced, Security Guard
Additional Property Information
Utilities
  • Heating Description: Central Individual A/C
  • Cooling Description: Central Individual A/C
  • Water Description: Public Water
  • Sewer Description: Public Sanitation
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 14
  • Tenant Pays: Interior Electric, Inside Insurance
  • Miscellaneous Information: Elevator, Laundry Facilities, Lobby
Financial Information
Financial Information
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: X
  • Information Available: Bylaws And Documents, Deed, Rent Rolls, Title/Abstracts

Property History for 14840 Naranja Lakes Boulevard, Unit C2L

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14840 Naranja Lakes Boulevard, Unit C2L

Taxable ValueLand-Additions-Total-
Tax Record2023$1,613 ($134 / month)
Home Facts
Beds2Total Finished SqFt1,075 SqFtAbove Grade Finished SqFt1,075 SqFtStyleCondominiumYear Built1974Zoning3900:MULTI-FACountyMIAMI-DADEAPN30-6933-014-1550

Schools near 14840 Naranja Lakes Boulevard, Unit C2L

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Dr. William A. Chapman Elementary School
PublicPK to 5

Redland Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

14840 Naranja Lakes Boulevard, Unit C2L is a multi-family home for sale in Homestead, FL 33032. This property was listed for sale on July 25, 2024 by Keller Williams Capital Realty, it's currently listed at $2,200,000. It has been on the market for a total of 152 days and was last sold on February 3, 2015. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Dr. William A. Chapman Elementary School, Air Base K-8 Center for International Education and Redland Middle School. 14840 Naranja Lakes Boulevard, Unit C2L is a 0-bed, 0-bath, multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Realty; Keller Williams Eagle Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.