Active

$385,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1685 sq ft
Overview
  • ID: MFRTB8342687
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1685 sq ft
Property Details
Remarks
TURNKEY INVESTMENT OPPORTUNITY | POSITIVE CASH FLOW | 4+ YEAR TENANT STABILITY 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.
Financial Considerations
Price:
$385,000
HOA Fee:
700
Tax Amount:
$5118.29
Price per SqFt:
$228.49
Tax Legal Description:
TOWNHOMES OF WESTLAKE VILLAGE CONDO PHASE B BLDG 3, UNIT 33
Exterior Features
Lot Size:
0
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Garage Door Opener, Workshop in Garage
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Electric, Heat Pump
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Carpet, Luxury Vinyl, Tile
Levels:
Two
Additional Features
Property Sub Type:
Townhouse
Style:
N/A
Year Built:
1980
Construction Type:
Block, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Rain Gutters, Sliding Doors
Additional Features 2:
Existing Florida standard lease 2/1/2025 thru 1/31/2026. Written Board approval of existing long term tenants.
Map
  • Address
    440 LAKEVIEW DR #33
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