3143 Mission Grove Dr
Palm Harbor, FL 34684
List Price
$165,000
Initial Investment
$44,963Purchase Price
$165,000
Down Payment
25%
Rent
$1,860
Total Return
$123,389
Annualized Return
30.8%
Cap Rate
6.3%
Gross Yield
13.5%
Cash Flow
$563
Appreciation
11.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Property Type
Townhouse
Lot Size
354,288
HOA
$328/mo
Flood Risk
Not Required
FORMER MODEL**Don’t miss this beautifully remodeled and incredibly affordable 2-bedroom end-unit villa in Highland Lakes, Palm Harbor’s premier 55+ golf community. This charming condo features a bright open floor plan with a brand-new kitchen, complete with built-in coffee bar, a bonus sunroom, and generous closet space throughout. Located just steps from your assigned carport—with extra storage and space to park and charge a golf cart—convenience is built right in. The Mission Grove neighborhood clubhouse, complete with a pool and laundry facilities, is only a short walk away across the parking lot. Best of all, there’s no land lease, and your purchase includes membership to Highland Lakes, offering free green fees on three private executive golf courses. The community’s incredible amenities also include tennis and pickleball courts, an Olympic-sized heated pool and spa, a vibrant main clubhouse with an auditorium, pickleball/tennis/bocce ball, arts and crafts studios, a woodworking shop, and a packed calendar of entertainment, social events, and fitness programs. Residents also enjoy access to the Lake Tarpon Lodge, featuring another heated pool, party pavilion, fishing pier, community pontoon boats, and even RV or boat storage with a private ramp and dock for a nominal $25 a year. Located just minutes from Gulf Coast beaches, shopping, dining, professional sports venues, cultural attractions, two airports, and a cruise port, this home is ideal as a year-round residence or a seasonal getaway. HOA/Condo fees cover water/sewer/trash, cable/internet, insurance on the building, exterior maintenance, roof, and maintenance of the grounds. ***Electric panel replaced in 2023, kitchen and bathroom 2025, brand new flooring throughout, water heater 2025, refrigerator and dishwasher 2025*No milestone needed! High and dry: Non-Evacuation zone!
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$21,204Expenses
-$8,670Property Taxes
-$3,000Loan Payments
-$8,970Net Cash Flow
$563See 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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Certified Agent Brokerage:Jeff Wills
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SourceStellar MLS
MLS #TB8366439
Last Updated: 04/20/2025 11:04
MLS #TB8366439
Last Updated: 04/20/2025 11:04