Single Family Home COLLIER CITY

$ 419,998
  • 5 bed
  • 2 bath
  • 5,158 ft2 (479 m2)
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Details
    • Listed on:
      May 16, 2024
    • Days on Market:
      654
    • Maintenance:
      n/a
    • Taxes:
      $ 5,060 per year
    • Year:
      1956
    • Furniture:
      -
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Garden
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • No Additional Rooms
  • Exterior Features:
    • None
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
No HOA. Excellent investment property. 5bed-2bath single family home. Rented for $3,969/month. The rental income is supported by a government housing assistance program (as of March: $3,722 government / $247 tenant). Potential rent on renewal up to $4,462/month, based on current payment standards. Long-term tenant in place since August 2023* . Lease renews 07/31/2026. Water heater 2025.

This property is uniquely qualified for a special program. Exclusive Lender Incentive: 1 point off the rate with my lender (e.g., if the market rate is 6%, you can get 5% with no points, plus appraisal and mortgage insurance covered for primary residents).

Current management company available for seamless transition.
Please do not disturb tenant or knock on the door!
Map view