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13941 CLUBHOUSE DR #205 Tampa, FL 33618
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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,016 sqft
Price per Sqft $290
Subdivision Emerald Green Villas A Condo
MLS Listing ID T3377615
Sold Date 06/16/22
Bedrooms 2
Construction Status No Contingency
HOA Fees $575/mo
HOA Y/N Yes
Year Built 2008
Annual Tax Amount $2,531
Property Description
Tenant long term lease in place. Tenant pays expenses and pays net rent to you of $1,000 a month. Once lease expires you can occupy the condo.
You purchase this 2 bedroom 2 bathroom condo and the established Tenant deposits funds into your account.
You don't have to worry about the ups and downs of the rental market because your returns are fixed and don't depend on occupancy. You don't have to worry about scheduling cleaners, late night maintenance calls, or unexpected repair bills. The best part is, once the lease expires you will still own a beautiful Florida condo in an amazing established private golf course community that you can enjoy!
What you get…
• Ownership of a beautiful 2 bedroom 2 bathroom condo that's fully furnished and appointed, located at a Private Golf and Country Club.
• $1,000 a month as a net rent, that can be auto deposited to your account quarterly.
• The condo was built in 2008 and has been exceptionally maintained by the management company the entire time.
• Special owner rates available if you need to rent a condo for yourself during the lease (subject to blackout dates, unit number will vary).
• A social membership to Carrollwood Country Club for you to enjoy while you are an owner
• Initial lease good through 12/31/2026 with Tenant as Emerald Green Villas Management Company Inc.
Expenses Tenant pays on your behalf…
• Condo Association Dues $575 monthly
• Social Membership Dues $158.03 monthly (included in Condo Dues)
• Annual Real Estate Taxes – credits at closing due to us and we will pay or reimburse you for the earliest discounted amount
• HO6 including landlord liability Insurance policy – we will pay or reimburse this annual cost
• Utility Bills – Electric, Phone/internet/ cable
• Cleaning of the unit for subleasing
• Operating and Management of the condo
• Maintenance and repairs of interior
• Maintenance of furniture
•4%+ approx. annual cash return plus annualized depreciation
•If you are not already a member of Carrollwood Country Club you will need to pay them an initiation fee at closing of $1,075 (existing members will not owe this)
•Purchase must be all cash due to the investor owner percentage in the building.
•This serves as a basic summary only, for exact details of the terms of the lease in place please see the attached actual lease.
Location
State FL
County Hillsborough
Community Emerald Green Villas A Condo
Zoning PD
Rooms
Other Rooms Family Room, Inside Utility
Interior
Interior Features Ceiling Fans(s), Crown Molding, High Ceilings, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered
Pool In Ground
Community Features Buyer Approval Required, Fitness Center, Golf, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Playground, Pool, Racquetball, Sidewalks, Tennis Courts
Utilities Available Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
Amenities Available Basketball Court, Clubhouse, Elevator(s), Fitness Center, Golf Course, Lobby Key Required, Park, Pickleball Court(s), Playground, Pool, Racquetball, Tennis Court(s)
Roof Type Built-Up
Porch Covered, Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description In County, Near Golf Course, Sidewalk, Paved, Private
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status No Contingency
Others
Pets Allowed Number Limit, Size Limit, Yes
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $575
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Num of Pet 2
Special Listing Condition None
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Bought with EMERALD GREEN VILLAS MGMT