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Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,224 sqft
Price per Sqft $334
Subdivision Leisure Beach
MLS Listing ID U8164557
Sold Date 06/27/22
Bedrooms 4
Construction Status Appraisal
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $1,823
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 48x100
Property Description
Amazing investment opportunity for the savvy buyer! This adorable duplex is fully set up and operating as a mid-term rental for traveling professionals, snow birds, and those needing temporary housing. Each unit has been booked solid since first listing in September '21, renting for $2,500 - $3,000/mo EACH. Winter bookings are projected to exceed $3,000/mo. Sitting on a tidal water canal with a floating dock, you can access the Gulf by boat, jet ski, kayak, or SUP in no time! Guests love to fish off the dock and spot the occasional dolphin or manatee swimming by. Furnished with a coastal theme, all the decorations, furniture, linens, dishes, etc will convey with the sale. The home is in great shape with the roof only 4 years old and the inside/outside recently repainted. Each unit has 2 bedrooms, 1 bathroom with a lanai and stackable washer/dryer. There is literally nothing to do except buy and start making money! The large parking pad fits 4 vehicles comfortably. No HOA! Per Pasco County regulations, renting for less than 30 days is not currently allowed but there is a huge demand for mid-stay renting! Property is currently advertised across all major platforms with very good ratings. Many bookings come direct or by word of mouth. Current property manager willing to continue management. This is a great property for anyone just starting in the vacation rental business or someone looking to add to their portfolio. Buyer agrees to keep current bookings through July. Operating expenses, booking records, survey, elevation certificate, and 4 point report from last year available upon request. Both sides are currently occupied, please do not disturb the guests.
Location
State FL
County Pasco
Community Leisure Beach
Zoning MF1
Rooms
Other Rooms Florida Room
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
Heating Electric, Radiant Ceiling
Cooling Wall/Window Unit(s), Zoned
Flooring Tile
Furnishings Furnished
Fireplace false
Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Other
Exterior
Exterior Feature Storage
Parking Features Parking Pad
Community Features Fishing
Utilities Available BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Waterfront Description Canal - Saltwater
View Y/N 1
Water Access 1
Water Access Desc Canal - Saltwater,Gulf/Ocean
View Water
Roof Type Shingle
Porch Enclosed, Front Porch
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, In County, Near Marina, Near Public Transit, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status Appraisal
Schools
Elementary Schools Gulf Highland Elementary
Middle Schools Hudson Middle-Po
High Schools Fivay High-Po
Others
Pets Allowed Number Limit, Yes
Senior Community No
Pet Size Extra Large (101+ Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE