tomo logo

$419,900

Beds
3
Baths
2.5
sq ft
1,685

440 Lakeview Dr Unit 33, Palm Harbor, FL 34683

440 Lakeview Dr Unit 33

PALM HARBOR, FL 34683

  • 50 days on market
    • Price drop $2,500↓
INVESTMENT OPPORTUNITY: POSITIVE CASH FLOW on this well maintained Turnkey 3 bedroom, 2.5 bathroom Townhouse with a 2 car garage with excellent long term tenants approved in writing by current Board thru January 2026. Positive cash flow after expenses. Townhomes of Westlake Village HOA Financials Feb 2025 w/solid Reserves. HOA covers sewer, water, trash, community Pool, exterior maintenance which includes roofs. Entering thru the gated courtyard, this 2 story Townhouse, has a Zen like entranceway. Amazing Pond view out the windows off of the living room, as well as the raised dining areas. Glass sliders open out to an enclosed porch to relax pondside and take in the sounds of nature. Meals are enjoyed in the breakfast Knook or in the formal dining room overlooking the living room. There's a half bath on the first floor. On the second level, the spectacular views follow you upstairs to an oversized primary bedroom with ensuite bathroom with a step out enclosed patio (2018) on the second floor overlooking the Pond. The two other bedrooms are on the second floor along with the second full updated bathroom (2020). New luxury vinyl flooring (2020). Its in Flood zone 'X', High and dry from last year's storms.The community pool is a short walk. Westlake Village is a community of Townhomes, villas and single family homes. Westlake Village Park includes playground, walking paths and tennis courts. This property comes with instant monthly income with stable long term tenants. Seller will transfer the balance of Broward Factory Service Gold Plan which covers Repairs or Replacing the HVAC, Hot water heater and specific appliances thru June 2025 at closing to new owner(s). Practically maintenance free, as tenants deal directly with BFS. With a postive cash flow after HOA fees, Taxes and Insurance with long term tenants, this is your Real Estate Investment Opportunity for 2025. Shown by appointment with at least 24 hr notice and proof of funds. Sold "As Is" for Seller's convenience.

Details

Property type

Townhouse

Est. home value

$409,101

Lot size

2.62 acres

Price per sq ft

$250

Year built

1980

Annual property taxes

$5,118.29

Monthly HOA fee

$700

Price History

03/12/2025
StellarMLS

StellarMLS #TB8342687

Price change
$419,900
-0.59%
03/06/2025
StellarMLS

StellarMLS #TB8342687

Price change
$422,400
-0.59%
02/23/2025
StellarMLS

StellarMLS #TB8342687

Price change
$424,900
-1.16%

Schools & Community

Elementary school: 

Sutherland Elementary-PN

Middle school: 

Palm Harbor Middle-PN

High school: 

Palm Harbor Univ High-PN

Community features: 

Clubhouse, Park, Playground, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$135,659
Asking price
$419,900
Closing costs (~8% of asking)
-$33,592
Est. remaining loan balance
-$250,649
Cash to seller
$135,659

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Legend Lending Corp

Loan start date

May 2022

Original loan amount

$261,750

Est. remaining balance

$250,649

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

John Francis Bowser

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

StellarMLS
$424,900
3 bd
|
2.5 ba
|
1,848 sq ft
|
Townhouse

388 Buckingham Pl, Palm Harbor, FL 34684

Price drop
StellarMLS
$364,900
3 bd
|
2.5 ba
|
1,460 sq ft
|
Condo

2200 Tuscany Trce Unit 21, Palm Harbor, FL 34683

Status: Active

Tomo last checked: 03/30/2025 at 8:50 PM

Listing updated: 03/29/2025 at 7:40 AM

Listed by: Jacques Marion, CHARLES RUTENBERG REALTY INC Phone #: (727) 538-9200

MLS: StellarMLS #TB8342687

StellarMLS logo

Recently listed in PALM HARBOR