Commercial property in Homestead, Florida № 660531

Property 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.