Property Description

Welcome home to this beautifully maintained 3-bedroom, 2-bathroom residence in the desirable Allegro Palms community. Offering 1,220 square feet of heated living space (1,304 total), this home features a functional split floor plan with rich hardwood floors throughout and tile in all wet areas. High ceilings create an open, airy feel, while granite countertops in the kitchen and custom built-in shelving in the dining and living rooms add both style and storage. The washer and dryer convey with the home. HOA dues of $598.21 per month provide exceptional value, covering exterior upkeep, common area maintenance, community amenities, an onsite property manager, water, trash, sewer, and pest control, making for a truly low-maintenance lifestyle. This property is currently tenant occupied, generating $2,095 per month on a month-to-month lease, making it an excellent turnkey opportunity for investors. The current tenant would like to remain and is open to signing a new lease with a purchasing investor. With a current NOI of $14,861 annually, this property offers a strong 7.43% ROI at the asking price. Allegro Palms is a well-established, largely investor-owned community with a strong base of leased properties, making this an ideal addition to any rental portfolio. This gated community, with one main entry and two exits, offers an impressive lineup of amenities, including two swimming pools (the main pool behind the clubhouse and a second pool at the rear of the community), a fitness center with an attached kids' playroom, tennis and pickleball courts, a playground, a dog park, a movie theater and business center inside the clubhouse, and an onsite car wash center. Ideally situated near I-75 and the Crosstown Expressway via Highway 301 and Bloomingdale Avenue, this location offers convenient access to Tampa, Brandon, and surrounding areas. Don't miss this opportunity to own in Allegro Palms.