Courtesy of
- Listing Office: CHARLES RUTENBERG REALTY INC
- Status: Active
- MLS ID: MFRTB8342687
Description
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Description:
Prime Turnkey Investment with a Price Improvement: Positive Cash Flow Townhome with Newly Renewed Long-Term Lease!
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Secure instant monthly income with this exceptional 3-bedroom, 2.5-bathroom townhouse in the highly sought-after Westlake Village of Palm Harbor. This is a rare, high-yield opportunity for the savvy investor looking for a "hands-off" addition to their portfolio.
The Financial Advantage:
Locked-In Revenue: Lease just renewed through January 31st, 2027 with a sizable rental increase, significantly boosting your positive cash flow.
Stable Tenants: Occupied by excellent, long-term tenants with prior HOA Board approval.
Worry-Free Maintenance: Includes a Broward Factory Service (BFS) Gold Plan through June 2026. This covers repair or replacement for HVAC, water heater, and major appliances—tenants deal directly with BFS!
Solid HOA: Healthy 2025 financials with solid reserves. Monthly fees cover almost everything: exterior insurance, roof maintenance/replacement, water, sewer, trash, and grounds care.
Property Highlights
Location & Safety: Situated in Flood Zone X—stayed high and dry during recent storms.
Interior Features: Modern luxury vinyl flooring (2020) and an updated second bathroom (2020). The layout features a "Zen-like" gated courtyard entry and a spacious primary suite with a private enclosed patio (2018) overlooking a serene pond.
Serene Views: Enjoy peaceful pond views from the living area, dining room, and primary bedroom.
Community Amenities: Just a short walk to the community pool. Westlake Village Park offers a playground, tennis courts, and walking paths.
Key Details -
Floorplan: 2-Story | 3 BR / 2.5 BA / 2 Car
HOA Includes: Exterior Insurance, Roof, Paint, Water, Sewer, Trash, Reserves and Grounds Maintenance.
Sale Terms: Sold "As-Is" for seller convenience.
Showing: By appointment only. Minimum 24-hour notice. - 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 hours 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
