440 LAKEVIEW DR UNIT 33

$385,000

$228/sq ft

$44,900
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Overview

Bedroom

3

Bath

2

Year Built

1980

Garage

2

Sqft

1685

Property Type

Townhouse

Property Description

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.

Property Details

MLS#

TB8342687

Garage

2

Address

440 LAKEVIEW DR

City

PALM HARBOR

State/county

FL

Zip/Postal Code

34683

Area

Townhomes Of Westlake Village

Country

United States

HOA

Yes

Assoc Fee

$700

Assoc Fee Pd

Monthly

Tax Amount

$5,118

Maint Fee

$--

Tax Year

2024

Dishwasher

Disposal

Dryer

Electric Water Heater

Microwave

Range

Refrigerator

Washer

Water

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Boris Gelfand