Gold Model 3 beds / 2 Baths
Lake Placid- Florida, United States
Overview
|Description
Very Well Designed – Open & Spacious with Split Floorplan. High-end materials – custom cabinets, granite countertops, marble flooring. Long driveway to park your boat.
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
County & City Name
County: Highland. City: Lake Placid.
Models & Buildable SF
Gold Model: 3 Beds/2 Baths. Buildable 1152 SF. Lot 10890 sf
Premium Model: 3 Beds/2 Baths + Garage. Buildable 1692 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
- .: .
- ESTIMATED INCOME:
- Monthly Rent: $1850
- Yearly Income: $22,000
- GROSS YIELD: 9.8%
- NET YIELD: 8.4%
Properties Common Note
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Floor Plans
Furniture Plan
Single Family House with Driveway
Floor Plan
Open & Spacious with Split Floorplan.
Interior
Very Well Designed.
Exterior
High-end materials – custom cabinets, granite countertops, marble flooring. Long driveway to park your boat.
Property on Map
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Premium Model 3 beds / 2 Baths
Lake Placid, Florida