Property Description

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.