20890 Negril Court, Unit R5
20890 Negril Court, Unit R5
Lutz, FL 33558
$329,000
Price
—
Beds
1,180 Sq. Ft.
$279 / Sq. Ft.
1,180
Sq. Ft.
$279
per Sq. Ft.
Description
Income / investment property. Welcome to Paradise Lakes, a gated, pet friendly community offering an incredible opportunity to invest in an income-producing property! This fully rented condo, featuring a main unit and a studio "lock out," is a dream come true for savvy investors like yourself. This stunning, updated, and remodeled 2-Bed/2-Bath condo is an absolute gem located in the exclusive gated community of Paradise Lakes. Prepare to be amazed as you step into this fully furnished property that...Income / investment property. Welcome to Paradise Lakes, a gated, pet friendly community offering an incredible opportunity to invest in an income-producing property! This fully rented condo, featuring a main unit and a studio "lock out," is a dream come true for savvy investors like yourself. This stunning, updated, and remodeled 2-Bed/2-Bath condo is an absolute gem located in the exclusive gated community of Paradise Lakes. Prepare to be amazed as you step into this fully furnished property that includes everything you need to live the good life - appliances, decor, kitchenware, linens, and not one, but three flat screen TV's! Main floor offers a spacious open concept living/dining/kitchen area with breathtaking views of the pond. You'll fall in love with the kitchen, featuring top-of-the-line solid wood KraftMaid cabinets, elegant Corian counters, and newer appliances including a dishwasher, smooth-top range, built-in microwave, and side-by-side refrigerator. The full-height double pantry with roll-out shelves and a breakfast bar provide ample storage and convenience. Prepare to be impressed by the upscale and contemporary furnishings and decor throughout the condo. Upstairs, the master bedroom retreat awaits, complete with an electric fireplace, a luxurious recliner sofa, a wall-mount flat-screen TV, Bose surround sound, and even a mini-fridge for your convenience. The main bath offers a separate jetted tub, and a refreshing shower. Need a space to work from home or indulge in your hobbies? Look no further than the huge bonus den with custom built-in cabinets, a spacious workspace, and stunning water views. The condo also boasts AC 2016 and dual-pane windows 2015 as well as newer flooring. You'll find storage galore throughout the condo, including understairs shelving and attic access with pull-down stairs. This flexible floorplan also includes a lock-out studio with a separate entrance door and a convenient kitchenette equipped with a counter size convection oven, apartment size refrigerator, microwave, 2-burner hot plate, and a sink. The second full bath with an extended vanity and combination tub/shower completes this amazing space. Paradise Lakes is not just any community - it's a nudist/clothing-optional paradise spanning 72 acres of natural beauty. Imagine waking up to lush tropical landscaping, serene lakes, and countless recreational areas right at your doorstep. And the best part? This property is in impeccable condition, needing no repairs or extra care. It's a turnkey investment that guarantees consistent income, making it the perfect choice for savvy investors. Short-term rentals are allowed and not in a flood zone. Located in Lutz, this property strikes the perfect balance between tranquility, convenience and income. Indulge in the fantastic amenities nearby, including mouthwatering restaurants, vibrant shopping centers, and beautiful parks. Now, let's talk numbers. With the main unit currently rented for $1800 and the studio rented for $1200, both on a yearly basis, you can start earning rental income right away. Low condo fee of just $392 per month, this investment becomes even more attractive. Don't let this incredible opportunity slip through your fingers. Contact us now for more information and take the first step towards financial success. Please understand since this property is operated as an investment we need at least 48 hours advanced notice and proof of funds to coordinate showings with the renters.
- Listed by Anne Hensel • SOUTH BEACHES REAL ESTATE
Property Details for 20890 Negril Court, Unit R5
Subdivision Name
PARADISE LAKES RESORT CONDO
Township26S
WaterfrontNo
FurnishedFurnished
Location
Listing Courtesy of SOUTH BEACHES REAL ESTATE, Anne Hensel
Add your commute
LISTING UPDATED: 03/14/2024 04:46 PM
Property Details for 20890 Negril Court, Unit R5
| Status | Active |
|---|---|
| MLS # | U8225895 |
| Days on Market | 110 |
| Taxes | $1,860 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $392 / month |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Duplex |
| Year Built | 1984 |
| Lot Size | 0.00 AC / 0 SF |
| County | Pasco County |
Location
Listing Courtesy of SOUTH BEACHES REAL ESTATE, Anne Hensel
Add your commute
Building Information for 20890 Negril Court, Unit R5
Stories-Residences2Year Built1984Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$2,342 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,795
Property Taxes
$155
HOA Dues
$392
The Payment Calculator is for illustrative purposes only.
Property Information for 20890 Negril Court, Unit R5
Summary
Location and General Information
- Building Area Source: Public Records
- Building Area Total: 1200.0
- Building Area Units: Square Feet
- Directions: From FL-597 N Turn onto Brinson Rd, Turn left onto Paradise Lakes Blvd.
- Mls Major Change Type: Price Decrease
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 20890
- Street Name: NEGRIL
- Street Suffix: COURT
- Unit Number: R5
- State: FL
- City: LUTZ
Parking
- Available For Lease: Yes
- Carport: No
- Garage: No
Taxes and HOA Information
- Association Approval Required: Yes
- Association Fee Requirement: Required
- Association Name: Alice Kuhn
- Association Phone: 813-955-4642 dir
- Association: Yes
- CDD: No
- Number Of Pets: 2
- Pet Size: Medium (36-60 Lbs.)
- Tax Block: 00R00
- Tax Book Number: 0080
- Tax Legal Description: PARADISE LAKES RESORT CONDO PHASE 2 PB 22 PGS 129-137 BLDG R UNIT 5 & COMMON ELEMENTS
- Tax Lot: 0050
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/U8225895
Property
Lot Information
- Additional Parcels: No
- Parcel Number: 35-26-18-0080-00R00-0050
- Total Acreage: Non-Applicable
- Total Num Buildings: 1
- Water Access: No
- Water Extras: No
- Zoning: PUD
- Living Area: 1180
- Property Info: End Unit
Property and Assessments
- Year Built Numeric: 1984
- Flood Zone Code: X
- Homestead: No
- New Construction: No
- Property Attached: No
- Property Description: End Unit
- Public Survey Range: 18E
- Public Survey Section: 35
- Dock YN: No
Utilities
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Block, Stucco
- Exterior Features: Dog Run
- Foundation Details: Slab
- Levels: Multi/Split
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Spa: No
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 0
- Additional Rooms: Inside Utility
- Cooling: Central Air, Wall/Window Unit(s)
- Fireplace Features: Electric
- Fireplace: Yes
- Flooring: Carpet, Forestry Stewardship Certified, Vinyl
- Heating: Central
- Interior Features: Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Laundry Features: Inside
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
Multi Family
Multi-Family Information
- Annual Expenses: $8,724
- Annual Net Income: $27,276.00
- Gross Income: $36,000
- Unit Count: 2
Unit 1
- Unit Type Baths Total 1: 1
- Unit Type Beds Total 1: 1
- Unit Type Type 1: 1 Bedroom
Unit 2
- Unit Type Baths Total 2: 1
- Unit Type Beds Total 2: 0
- Unit Type Type 2: Studio
Rental
Rental Information
- Tenant Pays: Electricity
- Total Actual Rent: $3,000
- Minimum Lease Period: 0
- Pets Allowed: Yes
Property History for 20890 Negril Court, Unit R5
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 20890 Negril Court, Unit R5
Taxable ValueLand$7,956Additions$73,116Total$81,072
Tax Record2017$1,483 ($124 / month)
Home Facts
Above Grade Finished SqFt1,180 SqFtStories2Lot Size81,539 SqFtStyleCondominiumYear Built1984Year Renovated1984ZoningPUDCountyPascoAPN352618008000R000050
Schools near 20890 Negril Court, Unit R5
This home is within Pasco.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Lake Myrtle Elementary School PublicPK to 5 | ||
Charles S. Rushe Middle School Public6 to 8 | ||
Sunlake High School Public9 to 12 | ||
Central Pasco Girls Academy Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of SOUTH BEACHES REAL ESTATE, Anne Hensel
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/14/2024 04:46 PM
