bedrooms
2
bathrooms
3
square feet
1,288
Acreage
0.033
Open Houses
-
year built
1983
Full Baths
2
Half Baths
1
Emerald Lakes 2 bedroom 2 ½ bath Townhome with Existing Tenant of 10 years in place. Lease effective until May 31, 2026. Current income is $1700 per month. Florida Law dictates lease to be honored, such that SALE is SUBJECT TO LEASE. Tenant has rights under the lease. **Please note: Emerald Lakes at this time has a POLICY whereby owners MAY NOT LEASE. However, this is an existing tenant with leasehold rights! Unit was Built in 1983, and unit is mostly original! However the fence was replaced in 2024. NEW Mansards installed 2024. Tenant reports all mechanicals in working condition. (Tenant owns washer and dryer). Very Low HOA fees of $249 per month, and a Buyer application fee of $150. 2 pets up to 35 lb allowed. Two parking spaces. Subject is close to clubhouse and pool. This is your opportunity to Buy a reasonably priced unit, collect rent until end of next May and then remodel the unit to your personal taste.
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MLS number: M20052262
Listing agent:
Dean Baumgartner
Listing broker:
Berkshire Hathaway Florida Realty
(772) 283-2800
Last update: Friday, September 19 2025 at 11:40 a.m. EDT
Berkshire Hathaway Home Services Florida