Description
Over 7.7% CAP RATE. This property is rented $2,700 per month on average. With 80% occupancy it is $26,289 in gross revenue or $21,224 net revenue. The unit is rented from Oct 1, 2023 to March 31, 2024 at $2,700 per month.
Superb Location in a Serene Community with Sweeping Views of the Recently Renovated Palm Aire Golf and Country Club (Membership Optional) for This beautiful "turn-key" One-Bedroom, Two-Bath Condo. With a Palm Aire Membership, You Gain Access to Golf, Tennis, Gym, Pickleball, a Lap Pool, and Various Social Activities. Say Goodbye to CDD Fees! Your Low Monthly Condo Fee Includes Water. This Awesome Unit Treats You to Gorgeous Views of the Champions Course at Palm Aire from Your Lanai. You're Just a Stone's Throw Away from Shopping, University Town Center (UTC) Mall, I-75, and Sarasota/Bradenton Airport. And the Bonus: The Master Bath Has Seen a Chic Remodel. The Building's Exterior Recently Got a Fresh Coat of Paint, and the Roof Was Replaced Not Long Ago.
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