Water Views - Seller Financing
Address
20890 Negril COURT #R5, LUTZ, FL
Price
$ 329,000
Property Attributes
- MLS#U8225895
- TypeIncome
- CountyPASCO
- CityLUTZ
- AreaLutz
- NeighborhoodParadise Lakes Resort Condo
- Zip33558
- StyleDuplex
- Year Built1984
- Taxes$ 1860
- Price$ 329,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1180
Data Source:
Stellar MLS
Property Description
INCOME / INVESTMENT PROPERTY. Welcome to Paradise Lakes, a gated, pet friendly community offering an incredible opportunity to invest in an income-producing property! This fully rented condo, featuring a main unit and a studio "lock out," is a dream come true for savvy investors like yourself. This stunning, updated, and remodeled 2-Bed/2-Bath condo is an absolute gem located in the exclusive gated community of Paradise Lakes. Prepare to be amazed as you step into this fully furnished property that includes everything you need to live the good life - appliances, decor, kitchenware, linens, and not one, but three flat screen TV's! Main floor offers a spacious open concept living/dining/kitchen area with breathtaking views of the pond. You'll fall in love with the kitchen, featuring top-of-the-line solid wood KraftMaid cabinets, elegant Corian counters, and newer appliances including a dishwasher, smooth-top range, built-in microwave, and side-by-side refrigerator. The full-height double pantry with roll-out shelves and a breakfast bar provide ample storage and convenience.Prepare to be impressed by the upscale and contemporary furnishings and decor throughout the condo. Upstairs, the master bedroom retreat awaits, complete with an electric fireplace, a luxurious recliner sofa, a wall-mount flat-screen TV, Bose surround sound, and even a mini-fridge for your convenience. The main bath offers a separate jetted tub, and a refreshing shower.Need a space to work from home or indulge in your hobbies? Look no further than the huge bonus den with custom built-in cabinets, a spacious workspace, and stunning water views. The condo also boasts AC 2016 and dual-pane windows 2015 as well as newer flooring. You'll find storage galore throughout the condo, including understairs shelving and attic access with pull-down stairs. This flexible floorplan also includes a lock-out studio with a separate entrance door and a convenient kitchenette equipped with a counter size convection oven, apartment size refrigerator, microwave, 2-burner hot plate, and a sink. The second full bath with an extended vanity and combination tub/shower completes this amazing space.Paradise Lakes is not just any community - it's a nudist/clothing-optional paradise spanning 72 acres of natural beauty. Imagine waking up to lush tropical landscaping, serene lakes, and countless recreational areas right at your doorstep. And the best part? This property is in impeccable condition, needing no repairs or extra care. It's a turnkey investment that guarantees consistent income, making it the perfect choice for savvy investors. Short-term rentals are allowed and not in a flood zone. Located in Lutz, this property strikes the perfect balance between tranquility, convenience and income. Indulge in the fantastic amenities nearby, including mouthwatering restaurants, vibrant shopping centers, and beautiful parks. Now, let's talk numbers. With the main unit currently rented for $1800 and the studio rented for $1200, both on a yearly basis, you can start earning rental income right away. Low condo fee of just $392 per month, this investment becomes even more attractive. Don't let this incredible opportunity slip through your fingers. Contact us now for more information and take the first step towards financial success. Please understand since this property is operated as an investment we need at least 48 hours advanced notice and proof of funds to coordinate showings with the renters.
| Price History | |
|---|---|
| 1/11/2024 | Listed $329,900 |
| 3/14/2024 | 1% - $329,000 |
General Features
| Interior Features | Open Floorplan,Split Bedroom,Walk-In Closet(s) |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air,Wall/Window Unit(s) |
| Utilities | Cable Connected,Electricity Connected,Sewer Connected,Water Connected |
| Roof | Shingle |
| Exterior Features | Dog Run |
| Zoning | PUD |
| Construction Materials | Block,Stucco |
| Pets Allowed | Yes |
| Year Built | 1984 |
| Levels | Multi/Split |
| Unit Number | R5 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Condominium |
| Assoc Fee Paid Per | Monthly |
| County | Pasco |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | Yes |
| Subdivision Name | PARADISE LAKES RESORT CONDO |
| Garage Y/N | No |
| Status | Active |
| Directions | From FL-597 N Turn onto Brinson Rd,Turn left onto Paradise Lakes Blvd. |
| City | LUTZ |
| Buyer Agent Compensation | 2%-$399 |
| Senior Community Y/N | No |
| Total Units | 2 |
| MLS Area | 33558 - Lutz |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Negril |
| Listing Terms | Cash,Other,Owner May Carry |
| Property Attached Y/N | No |
| Tax Annual Amount | 1860 |
| Public Remarks | INCOME / INVESTMENT PROPERTY. Welcome to Paradise Lakes,a gated,pet friendly community offering an incredible opportunity to invest in an income-producing property! This fully rented condo,featuring |
| Ok to Lease | >6 Months |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8225895 |
| Days on Market | 64 |
| Standard Status | Active |
| Tax Lot | 0050 |
| Legal Description | PARADISE LAKES RESORT CONDO PHASE 2 PB 22 PGS 129-137 BLDG R UNIT 5 & COMMON ELEMENTS |
| Pet Size Limit | Medium (36-60 Lbs.) |
| Minimum Lease | No Minimum |
| Water Access Y/N | No |
| Monthly Condo Fee Amount | 392 |
| Additional Rooms | Inside Utility |
| Water View Y/N | No |
Interior Features
| Flooring | Carpet,Forestry Stewardship Certified,Vinyl |
|---|---|
| Furnished Y/N | Furnished |
| Fireplace Features | Electric |
| Common Walls | End Unit |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Street Suffix | COURT |
| Laundry Features | Inside |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 1200 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33558
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on May 16, 2024 6:39 PM UTC The listing information on this page last changed on Last updated on May 16, 2024 6:39 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 16, 2024 6:39 PM UTC
