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**EXCELLENT INVESTMENT OPPORTUNITY- 8-10% ROI POTENTIAL** THIS 2/2 ALL-AGES VILLA WITH AN ENCLOSED PORCH IS A UNIQUE INVESTMENT OPPORTUNITY IN A COA THAT ALLOWS IMMEDIATE RENTING- CENTRALLY LOCATED JUST STEPS AWAY FROM SHOPPING, MAJOR HIGHWAYS, RESTAURANTS AND MORE (LOCATED JUST ONE BLOCK WEST OF SR7) ON A QUIET DEAD END STREET. VILLA FEATURES A SPACIOUS KITCHEN, LAMINATE FLOORING IN LIVING/DINING ROOM AREAS WITH AN UPDATED MASTER BEDROOM AND LARGE WALK-IN CLOSET. UNIT HAS A VERY LARGE ENCLOSED PORCH AND WASHER/DRYER IS ON PREMESIS (NOT IN UNIT). LIVING/DINING ROOM HAS OPEN FLOOR PLAN WITH LOTS OF NATURAL LIGHTING. $491/M MAINT FEE (WLL BE DECREASING IN 2027), $3,000/Y- TAXES AND MARKET RENTS OF $1800-$2000 CREATES A 8-10% RETURN FOR THE SAVVY INVESTOR TO ADD THIS TO THEIR INVESTMENT PORTFOLIO. EASY TO MANAGE WITH INCREDIBLE RENTAL DEMAND IN THIS AREA WHERE MANY CAN WALK TO SHOPPING! UNIT 104 (2 DOORS DOWN) SOLD FOR $157,000 IN FEB 2026! RENT RIGHT AWAY! CURRENT SPECIAL ASSESSMENT OF $454 P/M FOR 18 MONTHS (ENDS JULY 2027) FOR BRAND NEW ROOFS WHICH SELLER WILL PAY AT CLOSING- SO NEW OWNER WILL HAVE BRAND NEW ROOF BY SUMMER OF 2027! SMALL COMMUNITY OF JUST 9 VILLAS IN A VERY HIGH RENTAL DEMAND LOCATION. PROPERTY NEEDS SOME WORK TO MAXIMUM ROI. PRIME LOCATION AND ONLY 9 VILLAS COULD MAKE THIS A DEVELOPER BUYOUT OPPORTUNITY IN THE FUTURE. CASH ONLY!
Listing Updated: 2026-10-12 20:35:19
