2431 29th Ave E

Palmetto, FL 34221
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3 bd, 2 ba | 1,734 sqft | Built in 2006

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List Price
$325,000

Initial Investment

$88,563

Purchase Price

$325,000

Down Payment

25%

Rent

$2,210

Total Return

$182,401

Annualized Return

25.1%

Cap Rate

5.6%

Gross Yield

8.2%

Cash Flow

-$409

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,744

HOA

$42/mo

Flood Risk

Not Required

Welcome to your dream home! This charming residence offers everything you've been searching for. With three spacious bedrooms, two well-appointed bathrooms, and a host of irresistible features that will make you want to call it your own! As you step inside, you'll immediately notice the updated flooring in the living areas, (BRAND NEW CARPETS 2024) creating a warm and inviting atmosphere throughout the home. The open-concept layout provides an ideal space for both relaxation and entertainment, ensuring that you'll create cherished memories with family and friends. One of the highlights of this home is the large master en suite, featuring a walk-in shower and a separate tub/shower combination. Imagine unwinding in your private oasis after a long day's work, or simply starting your mornings refreshed and rejuvenated. For those who appreciate convenience, the two-car garage is not only spacious but also completely screened in. This unique feature allows you to enjoy the Florida breeze without worrying about bugs while still using the garage for parking. Step outside into your expansive fenced backyard, a perfect setting for outdoor activities, gardening, or just soaking in the sun. ALL NEW LANDSCAPING AND EXTERIOR PAINTED 2024! The possibilities are endless in this private outdoor space. Located in Palmetto, you'll have easy access to shopping, dining, and the stunning beaches of the Gulf Coast. The central location offers the best of both worlds - a tranquil neighborhood setting with all the conveniences of city life just a short drive away. Don't miss out on this opportunity to own a beautiful home. Come see it for yourself and make it yours today. NO CDD and LOW HOA! Your dream home awaits!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$25,194

Expenses

-$4,985

Property Taxes

-$2,950

Loan Payments

-$17,669

Net Cash Flow

-$409

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Dillon Hegarty
Agent License 3459752
COASTAL LUXURY PARTNERS, INC.
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4607647
Last Updated: 04/22/2024 14:04
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