$169,995
Description
Bank owned 3BR villa condo in Winter Ridge Condominium project. Clean with hard surface tile flooring throughout. Large lanai area at rear of unit, Sets up nicely for either end user or investor owner. Unit was previously advertised for rental at $1600 per month. Unit should cash flow an 80%, 6% rate, 30 year mortgage, association fees, insurance and taxes with positive cash flow at this rental amount based on listing agent analysis; buyer agent and buyer to conduct their own analysis to confirm. Nicely maintained community, association pool facilty, proximity to public lake parks and boat ramps, and convenient location with close proximity to downtown Winter Haven and other shopping and restaurants, and golf courses. Current owner is a lender who obtained ownership through foreclosure; representations in this listing are based on best information available to owner and listing agent at time of listing; buyer to confirm all information.independently. Unit is marketed "As Is".
Listed by Jerome Stewart, .
Property Highlights
- Pool
- Foreclosure
- Association Fee: $652
- Property Type: Condo/Co-op, Condominium
- MLS #: O6089174
Room Information
| Full Baths | 2 |
| Total Baths | 2 |
| Total Beds | 3 |
Property Features
| Direction Faces | East |
| Interior Square Footage | 1,073 |
| Lot Size Acres | 0.03 |
| Lot Size Square Feet | 1,140 |
| Rooms | 8 |
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