Commercial property in Palm Harbor, Florida 4 bedrooms, 178.28 sq.m. № 2205150

Property description

Wow Honey Stop the Car! a unique opportunity to own a stabilized 3 unit multi family home in the rapidly growing Palm Harbor area with substantial room for growth. With proximity to both Tarpon Springs beaches and Dunedin Beaches, centrally located to good schools and shopping. Owner spent over 80k in cap ex including new fencing, bathrooms, flooring, appliances, roof, energy efficient windows and a new ac to be installed with accepted contract. 2 units are efficiency units and are producing great rent at $ 85.00 per night or and average of $1800 per month per efficiency unit.. This would give you a combined total of $3,600 for the 2 efficiencies. per month or higher during high usage months- seasonally January through May. Should someone wish to live and homestead the 2/2 this would help pay the mortgage! If you live on the property, you can avoid needing a short-term rental license. Another choice to rent out the 2/2 at $200 a night would bring in $2300 a month at 50% occupancy remembering that at high season the 2/2 has brought in $5,000 a month. NON FLOOD ZONE !!! NON EVACUATION ZONE !!!!