Completely remodeled, this spacious unit offers 2 bedrooms and 2 COMPLETE bathrooms, newer stainless-steel appliances, new roof, new IMPACT WINDOWS for ease of mind during hurricanes, safety, energy and sound proofing. Conveniently located on the first floor to avoid stairs and elevators plus storage room in unit. Freshly painted building has one assigned parking and plenty of guest parking in a gated community with nightly security guard. No water bill!!! Conveniently located close to US-1, the Turnpike, shopping centers, and hospitals. Perfect for owner-occupancy or as an investment property.
Property information
Homeowners Association
Association: Yes
Association Fee: 525
Association Fee Frequency: Monthly
Association Fee Includes: CommonAreas, MaintenanceStructure, Parking
Calculated Total Monthly Association Fees: 525
Pets Allowed: SizeLimit, Yes
Senior Community: No
Rental Info
Lease Considered: No
Other Property Info
Annual Tax Amount: 1976
Source Listing Status: Pending
County: Miami-Dade
Directions: Use your favorite GPS.
Tax Year: 2025
Restrictions: NoBoats, NoRv, OkToLease
Source Property Type: Residential
Area: 69
Property Subtype: condo
Source Neighborhood: NARANJA LAKES CONDO NO 5
Parcel Number: 30-69-33-014-0130
Postal City: Miami
Postal Code Plus 4: 8337
Public Survey Range: 69
Public Survey Section: 33
Public Survey Township: 30
Subdivision: NARANJA LAKES CONDO NO 5
Property Subtype: Condominium
Building and Construction
Total Square Feet Living: 1075
Year Built: 1974
Building Area Total: 1075
Construction Materials: Block
Direction Faces: North
Entry Level: 1
Entry Location: 1
Property Age: 52
Property Attached: Yes
Building Total Stories: 4
Year Built Details: Resale
Property features
Interior Features
BedroomOnMainLevel
FirstFloorEntry
MainLevelPrimary
MainLivingAreaEntryLevel
Flooring: CeramicTile
Window Features: Blinds, ImpactGlass
Appliances
Dishwasher
ElectricRange
ElectricWaterHeater
Microwave
Refrigerator
Heating and Cooling
Cooling Features: CentralAir, Electric
Heating Features: Central, Electric
Heating: Yes
Exterior and Lot Features
Fence
Garage and Parking
Parking Features: Assigned, Guest, OneSpace
School Information
Elementary School: Chapman; W.
High School: Homestead
Middle School: Redland
Condo Info
Unit Location: East Of Us1
Home Features
Security Features: ComplexFenced, DoorMan
Annual property tax
Year
Assessed value
Tax paid
2025
$121,104
$2,058
2024
$121,104
$2,293
2023
$73,317
$1,549
2022
$66,652
$1,236
2021
$60,593
$1,146
2020
$55,085
$1,068
2019
$50,078
$1,002
2018
$45,526
$877
2017
$48,161
$784
2016
$37,626
$699
2015
$34,206
$662
2014
$31,097
$616
2013
$28,270
$528
2012
$28,270
$528
2011
$33,748
$681
2010
$30,680
$629
2009
$61,350
$1,159
2008
$91,560
$1,708
2007
$91,560
$1,703
Real multi-year tax history from US Real Estate Listings.
Independent automated valuation models, none of them Realtor.com's own. They disagree — that spread is why the chart draws a band rather than one line.
Date
Event
Price
2026-07-23
Price Changed
$154,900
2026-07-10
Price Changed
$191,900
2026-06-02
Price Changed
$199,000
2026-05-12
Listed
$220,000
2023-08-14
Listing removed
$1,850
2023-07-21
Listed for rent
$1,850
2023-05-23
Sold
$90,000
2001-10-02
Sold
$35,000
1979-12-01
Sold
$24,000
Real listing/price/sale history from US Real Estate Listings.
Permits history
No permit records on file for this address.
ZIP market snapshot (33032)
Typical home value (ZHVI)$453,873
Typical rent (ZORI)$2,663/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
Acquisition (one-time, not monthly/yearly)
Purchase price
$154,900
Down payment (20.0%)
$30,980
Loan amount
$123,920
Closing costs (5.0%)
$7,745
Total cash to close
$38,725
Income
Rent (comp-derived)
$2,310$27,720
Vacancy loss (8.0%)
Effective gross income
$2,125$25,502
Operating expenses
Property tax (real billed amount, county tax history)
$172$2,058
Insurance (est. scaled by flood & wind risk)
$201$2,416
HOA dues
$525$6,300
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$116$1,386
Total operating expenses
$1,013$12,160
Net operating income (NOI)
Debt service & reserves
Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)
CapEx reserve (5.0% of GSR)
$116$1,386
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)
$0$0
Cash flow
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
Address
Type
Beds
Baths
Sqft
Asking rent
Listed
Days on market
apartment
2
2
753
$1,733
2026-08-19
—
apartment
2
2
1,000
$2,002
2025-09-19
—
apartment
2
1
750
$1,800
2026-06-10
—
condos
2
2
1,075
$1,595
2026-05-21
—
apartment
2
2
1,327
$1,950
2026-08-04
—
condos
2
2
1,075
$1,550
2026-07-31
—
condos
2
2
1,075
$1,650
2026-08-19
—
apartment
2
1
1,104
$1,650
2026-08-04
—
condos
2
2
1,075
$1,800
2026-06-03
—
condos
2
2
1,075
$1,950
2026-06-17
—
condos
2
2
1,075
$1,650
2026-05-21
—
condos
2
2
1,075
$1,500
2026-01-20
—
condos
2
2
1,075
$1,800
2026-07-23
—
condos
2
2
1,075
$1,895
2024-11-11
—
apartment
2
1
1,104
$1,650
2026-08-04
—
condos
2
2
1,174
$2,300
2026-08-17
—
condos
2
2
1,075
$1,850
2026-08-09
—
condos
2
2
1,075
$1,800
2026-08-07
—
condos
2
2
1,075
$1,800
2026-06-11
—
condos
2
3
1,422
$2,575
2026-06-19
—
apartment
2
2
1,175
$2,556
2026-06-17
—
apartment
2
2
1,175
$2,556
2026-06-18
—
apartment
2
2
1,176
$2,556
2025-11-06
—
apartment
2
1
1,075
$1,550
2026-06-20
—
apartment
2
2
900
$2,014
—
—
condos
2
2
901
$2,300
—
—
apartment
2
2
900
$2,069
—
—
apartment
2
2
900
$2,014
—
—
apartment
2
1
700
$2,100
2025-01-29
—
condos
2
2
888
$2,351
—
—
condos
2
2
888
$2,346
—
—
condos
2
2
901
$2,340
—
—
condos
2
2
888
$2,341
—
—
condos
2
2
901
$2,310
—
—
apartment
2
2
900
$2,014
—
—
condos
2
2
842
$2,150
—
—
condos
2
2
834
$2,150
—
—
apartment
2
2
1,026
$2,465
—
—
apartment
2
2
1,026
$2,445
—
—
apartment
2
2
1,026
$2,485
—
—
apartment
2
2
1,175
$2,599
—
—
apartment
2
2
1,175
$2,599
—
—
apartment
2
2
1,034
$2,360
—
—
apartment
2
2
1,176
$2,465
—
—
condos
2
2
942
$2,225
—
—
condos
2
2
901
$2,320
—
—
condos
2
2
914
$2,380
—
—
condos
2
2
901
$2,320
—
—
condos
2
2
920
$2,283
—
—
condos
2
2
901
$2,310
—
—
condos
2
2
914
$2,390
—
—
condos
2
2
945
$2,473
—
—
condos
2
2
920
$2,388
—
—
condos
2
2
942
$2,290
—
—
condos
2
2
858
$2,305
—
—
condos
2
2
950
$2,399
—
—
condos
2
2
920
$2,293
—
—
condos
2
2
888
$2,356
—
—
condos
2
2
858
$2,285
—
—
condos
2
2
901
$2,340
—
—
condos
2
2
920
$2,273
—
—
condos
2
2
858
$2,295
—
—
condos
2
2
901
$2,300
—
—
condos
2
2
901
$2,340
—
—
condos
2
2
914
$2,400
—
—
condos
2
2
858
$2,285
—
—
condos
2
2
858
$2,325
—
—
condos
2
2
858
$2,305
—
—
condos
2
2
965
$2,450
—
—
condos
2
2
901
$2,320
—
—
condos
2
2
965
$2,470
—
—
condos
2
2
888
$2,361
—
—
condos
2
2
888
$2,361
—
—
condos
2
2
888
$2,436
—
—
apartment
2
2
909
$2,435
—
—
apartment
2
2
1,176
$2,465
—
—
apartment
2
2
1,034
$2,554
—
—
apartment
2
2
1,176
$2,465
—
—
apartment
2
2
1,175
$2,599
—
—
apartment
2
2
1,034
$2,786
—
—
condos
2
3
1,314
$2,375
2026-09-01
—
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.