14840 Naranja Lakes Blvd, Homestead FL 33032
1974
Year Built
108
Days on Market
Description
EXCLUSIVE SALE: $400K PRICE REDUCTION!! An exceptional investment opportunity of 16 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 $143,750. The median market rent for similar units in the area is $2,100. The current gross rent is $270,800 with a potential annual rent of $372,800. 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.
Facts
- MLS#
- A11628906
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1974
- Lot Size
- 1,075 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 108 days
- Listed
- Jul 25, 2024
- Last Updated
- Feb 27, 2025
- Price/Lot Sq.Ft.
- $2,605/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$2,800,000
— bd · 0 ba · —
13775 SW 260th St, Homestead FL 33032
SOLD$2,900,000
— bd · 0 ba · —
25600 SW 147th Ave, Homestead FL 33032
$2,950,000
— bd · 0 ba · —
SW 272 ST, Miami FL 33032
$2,950,000
— bd · 0 ba · —
139XX SW 272 ST, Naranja FL 33032
SOLD$2,950,000
— bd · 0 ba · —
SW 280 Street, Naranja FL 33032
SOLD$2,999,900
— bd · 0 ba · —
27330 S Dixie Hwy, Homestead FL 33032
SOLD$2,999,900
— bd · 0 ba · —
27330 S Dixie Hwy, Homestead FL 33032
SOLD$2,999,999
— bd · 0 ba · —
26000 South Dixie Hwy, Homestead FL 33032
Market insights for Homestead
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
57
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 2/27/2025 | Sold | $2,800,000 |
| 2/7/2025 | Price change | $2,800,000+27.3% |
| 7/25/2024 | Listed for sale | $2,200,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Toussaint L'Ouverture ElementaryPK,KG,1,2,3,4,5 · public · 0.2 mi
- The Cushman School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
- Morningside K-8 Academy
PK,KG,1,2,3,4,5,6,7,8 · public · 0.5 mi
- Itech@Thomas A Edison Educational Center
9,10,11,12 · public · 0.5 mi
- World Mission Of Jesus Christ Christian
KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
- Archbishop Curley Notre Dame High School
6,7,8,9,10,11,12 · private · 0.6 mi
- Shadowlawn Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- Miami Edison Senior High School
9,10,11,12 · public · 0.8 mi
- Edison Park K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
- Clara Muhammad School of South Florida
PK,KG,1,2,3,4,5 · private · 1.0 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$17,386/mo
Principal & Interest
$14,903
Property Tax
$2,333
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Homestead around $2,800,000.
505 N Krome Ave, Homestead FL 33030
16970 SW 264th St, Homestead FL 33031
25025 SW 202nd Ave, Homestead FL 33031
24000 SW 167th Ave, Homestead FL 33031
27230 S Dixie Hwy, Homestead FL 33032
16490 SW 244th St, Homestead FL 33031