20890 Negril Court #R5

Lutz, FL 33558

INCOME / INVESTMENT PROPERTY. Welcome to Paradise Lakes, a gated, pet friendly community offering an incredible opportunity to invest in an income-producing property! This fully rented condo, featuring a main unit and a studio "lock out, " is a dream come true for savvy investors like yourself. This stunning, updated, and remodeled 2-Bed/2-Bath condo is an absolute gem located in the exclusive gated community of Paradise Lakes. Prepare to be amazed as you step into this fully furnished property that includes everything you need to live the good life - appliances, decor, kitchenware, linens, and not one, but three flat screen TV's! Main floor offers a spacious open concept living/dining/kitchen area with breathtaking views of the pond. You'll fall in love with the kitchen, featuring top-of-the-line solid wood KraftMaid cabinets, elegant Corian counters, and newer appliances including a dishwasher, smooth-top range, built-in microwave, and side-by-side refrigerator. The full-height double pantry with roll-out shelves and a breakfast bar provide ample storage and convenience.Prepare to be impressed by the upscale and contemporary furnishings and decor throughout the condo. Upstairs, the master bedroom retreat awaits, complete with an electric fireplace, a luxurious recliner sofa, a wall-mount flat-screen TV, Bose surround sound, and even a mini-fridge for your convenience. The main bath offers a separate jetted tub, and a refreshing shower.Need a space to work from home or indulge in your hobbies? Look no further than the huge bonus den with custom built-in cabinets, a spacious workspace, and stunning water views. The condo also boasts AC 2016 and dual-pane windows 2015 as well as newer flooring. You'll find storage galore throughout the condo, including understairs shelving and attic access with pull-down stairs. This flexible floorplan also includes a lock-out studio with a separate entrance door and a convenient kitchenette equipped with a counter size convection oven, apartment size refrigerator, microwave, 2-burner hot plate, and a sink. The second full bath with an extended vanity and combination tub/shower completes this amazing space.Paradise Lakes is not just any community - it's a nudist/clothing-optional paradise spanning 72 acres of natural beauty. Imagine waking up to lush tropical landscaping, serene lakes, and countless recreational areas right at your doorstep. And the best part? This property is in impeccable condition, needing no repairs or extra care. It's a turnkey investment that guarantees consistent income, making it the perfect choice for savvy investors. Short-term rentals are allowed and not in a flood zone. Located in Lutz, this property strikes the perfect balance between tranquility, convenience and income. Indulge in the fantastic amenities nearby, including mouthwatering restaurants, vibrant shopping centers, and beautiful parks. Now, let's talk numbers. With the main unit currently rented for $1800 and the studio rented for $1200, both on a yearly basis, you can start earning rental income right away. Low condo fee of just $392 per month, this investment becomes even more attractive. Don't let this incredible opportunity slip through your fingers. Contact us now for more information and take the first step towards financial success. Please understand since this property is operated as an investment we need at least 48 hours advanced notice and proof of funds to coordinate showings with the renters.

Listing courtesy of SOUTH BEACHES REAL ESTATE 727-399-9990



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Data last updated at: 2024-05-13 06:20 PM EDT