Description

FANTASTIC INVESTMENT IN FAIRWAY VILLAGE WITH HUD VASH (GOVERNMENT VETERAN PROGRAM) IN PLACE PAYING $1100 A MONTH RENTAL INCOME. WITH A LOW MONTHLY HOA FEE OF $299, THIS IS A MONTHLY PROFIT OF $800!! THIS IS A 10.7% CAP RATE!! THE TENANT'S LEASE EXPIRES 1/31/22. THIS 2 BED/1.5 BATH HOME, WITH AN EXTRA FRONT FLORIDA ROOM, HAS PLENTY OF SPACE FOR A SNOWBIRD "GET-AWAY", A QUAINT RETIREMENT HOME. WASHER AND DRYER AND ALL OF THE FURNITURE REMAINS WITH THE PROPERTY. THIS 55+ COMMUNITY SPEAKS FOR ITSELF WITH A 9 HOLE, PAR 3 GOLF COURSE AND HALF MOON LAKE AND A CURRENTLY RENOVATING THE CLUBHOUSE FOR $5.3M. TONS OF ACTIVITIES TO GET INVOLVED. FLORIDA RESORT LIVING AT IT'S BEST!! CLOSE TO SHOPPING, RESTAURANTS AND A SHORT DRIVE TO THE GULF OF MEXICO BEACHES. NEWER A/C HEAT PUMP AND DUCTWORK WITHIN THE LAST 4 YEARS. PROFESSIONALLY PAINTED OUTSIDE A FEW YEARS AGO. A SCREENED LANAI UNDER THE CARPORT TO ENJOY THE OUTDOORS. THE LIST PRICE INCLUDES THE $55,000 SHARE IN THE COMMUNITY. COME CHECK OUT THIS LUCRATIVE INVESTMENT OR "WINTER GET-AWAY" TODAY BEFORE IT "GETS AWAY"!!


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Miami Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 10/24/2021 1:00:00 AM