Major Price Drop – Now’s Your Chance! Cap Rate: 9%! Investor’s Dream Opportunity! . This property offers solid returns, strong cash flow, and great potential for growth! This recently renovated duplex offers a strong rental history and is fully leased to reliable long-term tenants. Unit A is a 3-bedroom, 1-bath rented for $950/month, and Unit B is a 2-bedroom, 1-bath rented for $995/month. Each unit has an annual HOA fee of $450 (paid by the owner), covering water and access to a recreation center with community activities. This turnkey property delivers excellent cash flow and low maintenance. Located in a desirable 55+ community, it’s ideal for both first-time and seasoned investors. Opportunities like this don’t come around often — act fast! Tenants must be 55+, Owner does NOT Property is tenant-occupied — do not disturb tenants. buyer to verify all figures independently.
Financial Considerations
Price:
$209,000
HOA Fee:
900
Tax Amount:
$1770.34
Price per SqFt:
$133.97
Tax Legal Description:
ZEPHYRHILLS COLONY COMPANY COMPANY LANDS PB 1 PG 55 NORTH 83.20 FT OF TRACT 89 IN SECTION 1 LESS EAST 580 FT THEREOF AND LESS WEST 10 FT THEREOF SUBJECT TO AN EASEMENT FOR ROAD RIGHT OF WAY OVER AND ACROSS SOUTH 12.5 FT THEREOF OR 9732 PG 1197