Prime Turnkey Investment with a Price Improvement: Positive Cash $390,000

Townhome/Townhouse For Sale

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 bedroommunity 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.