14840 Naranja Lakes Blvd #C2M ,Income Non-waterfront for Sale & Rent

14840 Naranja Lakes Blvd #C2M for Sale & Rent

Price $3,024,000.00

• Lot size 1075
• Year Build 1974
• Waterfront
• Zip 33032
• Style
• Parking Description Assigned, Guest, Handicap Parking
• Pool Yes
• Status Active

Description

Sale of 17 rental condo units within a complex of 240 units, in Miami-Dade, near the City of Homestead. All units are 2/1/.5, with 1,075 Sq. Ft. of Living Area. Below market rents, and non-producing vacant units reflect inaccurate poor annual returns. However, according to the Miami Association of Realtors? Commercial division?s report, the median market rent for this unit is $2,100. May be sold in groups of 6, 6 and 7, and Seller?s first-position financing is possible. 40-yr. recertification passed in '15. Impact windows and exterior paint fully paid by a previous assessment.

The Seller is not selling a building(s). The Seller is selling 17 condo units in the same complex. Unit A4H was purchased with fire damage, and has not been remodeled. It is being sold for $150K, in comparison to the $192K for each of the 18 remaining units. Seller Financing available.

NARANJA LAKES CONDO NO 5 UNIT C2M - BLDG C UNDIV .413% INT IN COMMON ELEMENTS CLERKS FILES 73R119460-75R8964 OR 15055-940 0591 1

Sale of 17 rental condo units within a complex of 240 units, in Miami-Dade, near the City of Homestead. All units are 2/1/.5, with 1,075 Sq. Ft. of Living Area. Below market rents, and non-producing vacant units reflect inaccurate poor annual returns. However, according to the Miami Association of Realtors? Commercial division?s report, the median market rent for this unit is $2,100. May be sold in groups of 6, 6 and 7, and Seller?s first-position financing is possible. 40-yr. recertification passed in '15. Impact windows and exterior paint fully paid by a previous assessment.

City:Homestead,Zoning:3900,List A O R:A-Miami Association of REALTORS,Tax Year:2022,Latitude:25.509002,Cooling Y N:1,Heating Y N:1,Lease Term:Month To Month,Renewal Option,List Price:3024000,Listing Id:A11432405,Longitude:-80.43267,Mls Status:Active,Ownership:Self Proprietor/Individual,Year Built:1974,Directions:Turnpike South to exit 6, SW 137th Ave. Keep right, and turn left on SW 272nd St. Continue and turn right on SW 276th ST. Turn left on 145th Ave., and turn right onto Naranja Lakes Blvd. The entrance will be on the left.,Postal Code:33032,Street Name:Naranja Lakes Blvd,Tenant Pays:1:Inside Insurance,Unit Number:C2M,Coordinates:1:25.509002,Photos Count:31,Building Name:A, B, C, & D,Business Type:1:Condominium,Days On Market:251,Listing Terms:1:Cash,2:Conventional/Refinance,3:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:69,On Market Date:2023-06-01,Parcel Number:30-69-33-014-1560,Property Type:Commercial Sale,Street Number:14840,Public Remarks:Sale of 17 rental condo units within a complex of 240 units, in Miami-Dade, near the City of Homestead. All units are 2/1/.5, with 1,075 Sq. Ft. of Living Area. Below market rents, and non-producing vacant units reflect inaccurate poor annual returns. However, according to the Miami Association of Realtors? Commercial division?s report, the median market rent for this unit is $2,100. May be sold in groups of 6, 6 and 7, and Seller?s first-position financing is possible. 40-yr. recertification passed in '15. Impact windows and exterior paint fully paid by a previous assessment.,Association Fee:468,County Or Parish:Miami-Dade County,List Office Name:Info Miami Realty, Inc.,Private Remarks:The Seller is not selling a building(s). The Seller is selling 17 condo units in the same complex. Unit A4H was purchased with fire damage, and has not been remodeled. It is being sold for $150K, in comparison to the $192K for each of the 18 remaining units. Seller Financing available.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Parking Features:1:Guest,2:Handicap Parking,Postal Code Plus4:8335,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:1348,Unparsed Address:14840 Naranja Lakes Blvd, Homestead FL 33032,Building Features:1:Laundry Facilities,2:Lobby,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:County Road,Year Built Details:New Construction,Building Area Total:1075,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:1075,Number Of Buildings:4,Original List Price:3606000,Previous List Price:3400000,Public Survey Range:69,Documents Available:1:Deed,2:Title/Abstracts,I D X Participation Y N:1,Syndication Remarks:Sale of 17 rental condo units within a complex of 240 units, in Miami-Dade, near the City of Homestead. All units are 2/1/.5, with 1,075 Sq. Ft. of Living Area. Below market rents, and non-producing vacant units reflect inaccurate poor annual returns. However, according to the Miami Association of Realtors? Commercial division?s report, the median market rent for this unit is $2,100. May be sold in groups of 6, 6 and 7, and Seller?s first-position financing is possible. 40-yr. recertification passed in '15. Impact windows and exterior paint fully paid by a previous assessment.,Financial Data Source:1:Owner Provided,Listing Contract Date:2023-06-01,Originating System I D:miamire,Public Survey Section:33,Showing Instructions:Appointment Only,Lockbox-Call List Agent,Street Number Numeric:14840,Tax Legal Description:NARANJA LAKES CONDO NO 5 UNIT C2M - BLDG C UNDIV .413% INT IN COMMON ELEMENTS CLERKS FILES 73R119460-75R8964 OR 15055-940 0591 1,Lease Renewal Option Y N:1,Public Survey Township:69,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:Portfolio sale of 17 income-producing condo units in same complex. Each unit is 2/1/.5 and has 1,075 Sq. Ft. of LA. Listing price per unit is $192K.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-06-01,Internet Address Display Y N:1,Number Of Units In Community:19,M I A M I R E_ Ok To Advertise List:No,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,