Courtesy of
- Listing Office: CHARLES RUTENBERG REALTY INC
- Status: Active
- MLS ID: MFRTB8342687
Description
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Description:
TURNKEY INVESTMENT OPPORTUNITY | POSITIVE CASH FLOW | 4+ YEAR TENANT STABILITY
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Secure immediate, high-yield ROI with this premium 3-bedroom, 2.5-bathroom townhome in the highly coveted Westlake Village. This is a rare "set-it-and-forget-it" asset, perfectly positioned for savvy investors seeking a proven, low-risk addition to their portfolio.
FINANCIAL HIGHLIGHTS:
• INSTANT POSITIVE CASH FLOW: The lease was just renewed through JANUARY 31st, 2027, with a sizable rental increase, maximizing your net income from day one.
• PROVEN TENANT STABILITY: Occupied by excellent, long-term tenants of 4+ years. Enjoy zero vacancy risk and immediate revenue.
• MAINTENANCE-FREE OWNERSHIP: Sale includes a Broward Factory Service (BFS) Gold Plan (through June 2026) covering repair/replacement of HVAC, water heater, and major appliances. Tenants contact BFS directly for repairs!
HASSLE-FREE HOA COVERAGE: The comprehensive HOA fee simplifies your ownership by covering:
• All exterior maintenance including ROOF repair and replacement.
• Exterior painting and professional landscaping/grounds care.
• Water, Sewer, Trash, and Master Exterior Insurance.
• Access to community pool, playground, and tennis courts.
PROPERTY FEATURES:
• SAFE & SECURE: Located in FLOOD ZONE X. This property stayed high and dry through recent storms, offering peace of mind and lower insurance liability.
• INTERIOR UPGRADES: Features luxury vinyl flooring (2020), an updated second bathroom (2020), and a "Zen" gated courtyard entry.
• SERENE VIEWS: Relax with peaceful pond views from the living area and the oversized primary suite, which includes a private enclosed patio (2018).
LOCATION & SHOWINGS: Ideally located in Palm Harbor with easy access to Westlake Village Park’s walking paths. 2025 HOA financials show healthy reserves.
• SOLD AS-IS for seller convenience.
• SHOWINGS: By appointment only with 24-hour notice. Proof of funds/Pre-approval required prior to showing. - Virtual Tour: https://www.propertypanorama.com/instaview/stellar/TB8342687
Video
- VirtualTourURLUnbranded: https://www.propertypanorama.com/instaview/stellar/TB8342687
Basics
- Bathrooms Half: 1
- Date added: Added 2 months ago
- Category: Townhouse
- Type: Residential
- Bedrooms: 3
- Bathrooms: 3
- Half baths: 1
- Area, sq ft: 1685 sq ft
- Lot size, sq ft: 0 sq ft
- Year built: 1980
- UnitNumber: 33
- View: Water
- SubdivisionName: TOWNHOMES OF WESTLAKE VILLAGE
- GarageSpaces: 2
Location
- CountyOrParish: Pinellas
- City / Department: PALM HARBOR
Location Details
- Elementary School: Sutherland Elementary-PN
- Middle Or Junior School: Palm Harbor Middle-PN
- High School: Palm Harbor Univ High-PN
Property Features
- Interior Features: Ceiling Fans(s), Eat-in Kitchen, PrimaryBedroom Upstairs, Split Bedroom, Thermostat
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring: Carpet, Luxury Vinyl, Tile
- Laundry Features: In Garage
- Patio And Porch Features: Covered, Enclosed, Patio, Rear Porch, Screened
- Waterfront YN: Yes
- Waterfront Features: Pond
- Parking Features: Garage Door Opener, Workshop in Garage
- Garage YN: Yes
- Attached Garage YN: Yes
- Garage Spaces: 2
- Pets Allowed: Breed Restrictions, Dogs OK, Number Limit, Size Limit, Yes
- Exterior Features: Balcony, Rain Gutters, Sliding Doors
- Roof: Shingle
- Security Features: Closed Circuit Camera(s), Fire Alarm, Security Lights, Smoke Detector(s)
- Vegetation: Mature Landscaping, Oak Trees
- View: Water
- Water Source: Private
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Electric, Heat Pump
- Furnished: Unfurnished
Property Details
- Subdivision Name: TOWNHOMES OF WESTLAKE VILLAGE
- Direction Faces: North
- Construction Materials: Block, Frame
Association Information
- Association YN: Yes
- Association Fee: 700
- Association Fee Frequency: Monthly
- Association Fee Includes: Pool, Maintenance Structure, Private Road, Sewer, Trash, Water
- Association Amenities: Park, Playground, Pool
- Community Features: Clubhouse, Deed Restrictions, Park, Playground, Pool, Sidewalks, Tennis Court(s)
Fees&Taxes
- Tax Year: 2024
- Tax Annual Amount: $5,118
Green Building Info
- Green Indoor Air Quality: HVAC Cartridge/Media Filter, HVAC Filter MERV 8+, No Smoking-Interior Buildg
Amenities & Features
- Waterfront available: Yes
- GarageYN: Yes
- AttachedGarageYN: Yes
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
- Security Features: Closed Circuit Camera(s), Fire Alarm, Security Lights, Smoke Detector(s)
- CommunityFeatures: Clubhouse, Deed Restrictions, Park, Playground, Pool, Sidewalks, Tennis Court(s)
- ExteriorFeatures: Balcony, Rain Gutters, Sliding Doors
- Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
- Features:
- Amenities:
Building Details
- NewConstructionYN: No
- Heating: Electric, Heat Pump
- Exterior material: Block, Frame
- Roof: Shingle
- Parking: Garage Door Opener, Workshop in Garage
