Lucrative real estate investment with established tenant in place, paying $650 per month. With monthly maintenance fee of only $194 per month, the monthly profit is $456. However, this rent is low for the area and this tenant is "month-to-month". So you could increase tenant's rent and profit even more per month. Property value in this area has increased considerably year after year for the past several years and looks to continue. Purchase now and make a profit and then cash in a few years from now and profit on your investment when you sell! This is a 2 story unit. Living room, kitchen and dining room on the ground floor with master bedroom up the spiral staircase to the second floor. Everything is well maintained and ready for a new owner to take over this turn-key rental unit. OR, remove the tenant and move in yourself as a cozy year-round resident or "winter get away". Quiet community conveniently located close to shopping, dining, grocery and major roads. Invest now while the market is still affordable.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on July 18th, 2019 at 7:30am EDT.