Prime Turnkey Investment with a Price Improvement: Positive Cash Flow Townhome with Newly Renewed Long-Term Lease! Secure instant monthly income with this exceptional 3-bedroom, 2.5-bathroom townhouse in the highly sought-after Westlake Village of Palm Harbor. This is a rare, high-yield opportunity for the savvy investor looking for a "hands-off" addition to their portfolio. The Financial Advantage: Locked-In Revenue: Lease just renewed through January 31st, 2027 with a sizable rental increase, significantly boosting your positive cash flow. Stable Tenants: Occupied by excellent, long-term tenants with prior HOA Board approval. Worry-Free Maintenance: Includes a Broward Factory Service (BFS) Gold Plan through June 2026. This covers repair or replacement for HVAC, water heater, and major appliances-tenants deal directly with BFS! Solid HOA: Healthy 2025 financials with solid reserves. Monthly fees cover almost everything: exterior insurance, roof maintenance/replacement, water, sewer, trash, and grounds care. Property Highlights Location & Safety: Situated in Flood Zone X-stayed high and dry during recent storms. Interior Features: Modern luxury vinyl flooring (2020) and an updated second bathroom (2020). The layout features a "Zen-like" gated courtyard entry and a spacious primary suite with a private enclosed patio (2018) overlooking a serene pond. Serene Views: Enjoy peaceful pond views from the living area, dining room, and primary bedroom. Community Amenities: Just a short walk to the community pool. Westlake Village Park offers a playground, tennis courts, and walking paths. Key Details - Floorplan: 2-Story | 3 BR / 2.5 BA / 2 Car HOA Includes: Exterior Insurance, Roof, Paint, Water, Sewer, Trash, Reserves and Grounds Maintenance. Sale Terms: Sold "As-Is" for seller convenience. Showing: By appointment only. Minimum 24-hour notice.
Property Features
Other Rooms
- Total Rooms: 5
- Living Room Dimensions: 14' x 16'
- Living Room Level: First
- Living Room Description: Room3
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: In Garage
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 13' x 17'
- Bedroom 2 Dimensions: 13' x 13'
- Bedroom 3 Dimensions: 12' x 12'
- Primary Bedroom Level: Second
- Bedroom 2 Level: Second
- Bedroom 3 Level: Second
- Primary Bedroom Description: Room1
- Bedroom 2 Description: Room4
- Bedroom 3 Description: Room5
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
- Ceiling Fans(s)
- Eat-in Kitchen
- PrimaryBedroom Upstairs
- Split Bedroom
- Thermostat
- Furnished Description: Unfurnished
- Flooring: Carpet, Luxury Vinyl, Tile
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Electric, Heat Pump
Kitchen and Dining
- Kitchen Description: Room2
- Kitchen Dimensions: 10' x 10'
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Rain Gutters
- Sliding Doors
- Patio And Porch Features: Covered, Enclosed, Patio, Rear Porch, Screened
- Road Surface Type: Asphalt
- Patio: Yes
- Porch: Yes
Land Info
Waterfront and Water Access
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Workshop in Garage
- Garage Dimensions: 25x20
Home Features
- View: Pond, Water
- Security Features: Closed Circuit Camera(s), Fire Alarm, Security Lights, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Amenities: Park, Playground, Pool
- Association Fee: 700
- Association Fee Frequency: Monthly
- Association Fee 2: 400
- Association Fee 2 Frequency: Annually
- Association Fee Includes: Pool, Maintenance Structure, Private Road, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 733
- Association Name: Sentry Management
- Association Name 2: Westlake Village Civis Association
- Association Phone: 7277998982
- Pets Allowed: Breed Restrictions, Dogs OK, Number Limit, Size Limit, Yes
- Pet Description: Small (16-35 Lbs.)
- Dogs Allowed: Yes
School Information
- Elementary School: Sutherland Elementary-PN
- High School: Palm Harbor Univ High-PN
- Middle School: Palm Harbor Middle-PN
Amenities and Community Features
- Park
- Playground
- Pool
- Community Features: Clubhouse, Deed Restrictions, Park, Playground, Pool, Sidewalks, Tennis Court(s)
Rental Info
- Lease Term: Minimum Lease: 8-12 Months
Other Property Info
- Annual Tax Amount: 5118
- Tax Block: 91561/003
- Source Listing Status: Active
- County: Pinellas
- Directions: From US19N to Nebraska or Alderman Rd (West) take Westlake Blvd; Turn west on Lakeview Dr. Turn south(left) into Townhomes of Westlake and then a quick left to the address #33 on right.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34683 - Palm Harbor
- Property Subtype: townhouse
- Source Neighborhood: TOWNHOMES OF WESTLAKE VILLAGE
- Parcel Number: 01-28-15-91561-003-0330
- Postal Code Plus 4: 3706
- Public Survey Section: 01
- Subdivision: TOWNHOMES OF WESTLAKE VILLAGE
- Township: 28
- Zoning: CONDO
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 1685
- Year Built: 1980
- Building Area Source: Public Records
- Building Area Total: 1685
- Building Name: 33
- Construction Materials: Block, Frame
- Direction Faces: North
- Foundation Details: Slab
- Green Indoor Air Quality: HVAC Cartridge/Media Filter, HVAC Filter MERV 8+, No Smoking-Interior Buildg
- Levels: Two
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 46
- Property Attached: No
- Property Condition: Completed
- Roof: Shingle
- Levels or Stories: Two
- Total Area Sqft: 1685
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
- Water Source: Private