440 Lakeview Dr 33, PALM HARBOR, FL

$390,000

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3

Beds

3

Baths

1,685

Square feet

About 440 Lakeview Dr 33

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 bedroom. Community 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.

Features of 440 Lakeview Dr 33

MLS® # TB8342687
Price $390,000
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 1,685
Year Built 1980
Type Residential
Sub-Type Townhouse
Status Active

Community Information

Address 440 Lakeview Dr 33
Area Palm Harbor
Subdivision TOWNHOMES OF WESTLAKE VILLAGE
City PALM HARBOR
County Pinellas
State FL
Zip Code 34683-3706

Amenities

Amenities Park, Playground, Pool
Parking Garage Door Opener, Workshop in Garage
# of Garages 2
View Water
Is Waterfront Yes
Waterfront Pond
Has Pool No

Interior

Interior Features Ceiling Fan(s), Eating Space In Kitchen, PrimaryBedroom Upstairs, Split Bedroom, Thermostat
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Heating Electric, Heat Pump
Cooling Central Air
Fireplace No

Exterior

Exterior Features Balcony, Rain Gutters, Sliding Doors
Roof Shingle
Foundation Slab

School Information

Elementary Sutherland Elementary-PN
Middle Palm Harbor Middle-PN
High Palm Harbor Univ High-PN

Additional Information

Date Listed February 8th, 2025
Days on Market 344
Zoning CONDO
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCHARLES RUTENBERG REALTY INC

Listing Map

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