The listing price is 26.6% below the comparable average of $184 per square foot. It is priced at $135 per square foot, below the median close price of $190,500 for similar units.
About This Property
Investor opportunity | South Miami-Dade's fastest-growing corridor.
Spacious 2BD/1.5BA, 1,075 SF condo with lake views and assigned parking. Cosmetic repairs needed. Adjacent to the Larkin University medical campus, which is under construction. South Dade TransitWay BRT operational direct to Dadeland/Metrorail. Sports Performance Hub $280M under construction.
7 active development projects within 5 miles. Board approval required — no rental cap, lease immediately after closing.
HOA $525/month includes water, sewer, insurance & reserves. No Homestead Exemption. Motivated seller. Priced to move.
Listed 24.1% below estimated market value — $46,025 under comps. Strong value.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
14840 Naranja Lakes Blvd, Homestead FL 33032
NARANJA LAKES CONDO 5 · 1974
$150,000
Nov 25, 2025
$150,000
$140/sf
2
2
1,075
+0%
14840 Naranja Lakes Blvd, Homestead FL 33032
NARANJA LAKES CONDO NO 5 · 1974
$205,000
Sep 8, 2025
$225,000
$191/sf
2
2
1,075
-8.9%
14850 Naranja Lakes Blvd, Homestead FL 33032
NARANJA LAKES CONDO NO 5 · 1974
$150,000
Aug 15, 2025
$169,999
$140/sf
2
2
1,075
-11.8%
14820 Naranja Lakes Blvd, Homestead FL 33032
NARANJA LAKES CONDO NO 5 · 1974
$225,000
Jun 6, 2025
$225,000
$209/sf
2
2
1,075
+0%
14840 NARANJA LAKES BLVD C3R, Miami FL 33032
County records · 1974
$205,000
Sep 6, 2025
—
$191/sf
2
1
1,075
—
14820 NARANJA LAKES BLVD D2G, Miami FL 33032
County records · 1974
$225,000
Jun 4, 2025
—
$209/sf
2
1
1,075
—
14820 NARANJA LAKES BLVD D2R, Miami FL 33032
County records · 1974
$2,100,000
Feb 7, 2025
—
$1,953/sf
2
1
1,075
—
28141 SW 153 AVE 204, Miami FL 33033
County records · 2006
$300,000
Jun 4, 2024
—
$299/sf
2
2
1,003
—
15422 SW 284th St # 7104, Homestead FL 33033
VISTA TRACE 7 CONDO · 2006
$176,000
Jan 5, 2026
$176,000
$197/sf
2
2
895
+0%
15460 SW 284th St # 4305, Homestead FL 33033
VISTA TRACE 4 CONDO · 2006
$205,000
Nov 21, 2025
$209,900
$229/sf
2
2
895
-2.3%
$190,500
Median Sale
$185,166
Trimmed Avg
$184/sf
Avg $/sqft
6 sales
Comps Found
Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.