Gold Model
Lake Placid- Florida, United States
Gold Model
Lake Placid- Florida, United States
Gold Model
Lake Placid- Florida, United States
Gold Model
Lake Placid- Florida, United States
Gold Model
Lake Placid- Florida, United States
Description
Very Well Designed – Open & Spacious with Split Floorplan. High-end materials – custom cabinets, granite countertops, marble flooring. Long driveway to park your boat.
Specification
- 3 Bedrooms
- 2 Bathrooms
- Lot Size- 10890 sq ft
From single-family homes to vacation rentals, Lake Placid is perfect for building projects that suit diverse needs. Its supportive local government and affordable costs make the process seamless and rewarding.
Photo Gallery
WHOLESALE PRICE: $225,000
Single Family House with Driveway, 3Beds / 2 Baths + Driveway (1152 SF Total, 10890 SF Lot)
Location
Central Florida – Between Sarasota & West Palm Beach
2:30 Hours’ Drive from Miami & 1:30 Hours drive from Sarasota
Models & Buildable SF
Gold Model: 3 Beds/2 Baths. Buildable 1152 SF. Lot 10890 sf
Zoning
R-1 (Single-Unit Residential)
Utilities
City Water. Paved Road. Septic Tanks.
Expenses
Insurance: $490 / Year
Property Tax: $1800 / Year
Management: 10% but no payment to find or replace a tenant.
Rents
Rentometer: $1903. We got rents even for $2000.
Operation Team
20+ Years of experience. Fully insured local team.
Timeline / Delivery date
1-2 months until breaking ground. 6-8 Months from breaking ground.
Additional Details
Gold Model Yearly Yield:
ESTIMATED YEARLY EXPANSES
Insurance:
$490
Taxes:
$1800
Management:
10% Gross, 4.27% Nominal
Maintenance:
Builder Warranty
Vacancy:
New Construction Low Vacancy
OVERALL YEARLY EXPANSES:
$3,237
Monthly Rent:
$1850
Yearly Income:
$22,000
GROSS YIELD:
9.8%
NET YIELD:
8.4%
Natural Beauty
Over 27 freshwater lakes provide stunning backdrops for properties.