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Julia Vakulenko - Broker -

Income producing property longtime tenants Townhomes of Westlake Village Community Pool Community Pool Pond View Imagine sitting by this pond in your backyard Common grounds 3bdrm, 2.5bth, Townhome Garage Gated Entrance Entranceway Tile Entry facing north Entrance Courtyard Front Door Front Door Dining room View from Dining room Kitchen Breakfast Knook View from Breakfast Knook Breakfast Knook Breakfast Knook View of Living room Living room Breakfast Knook Living room Screen Patio TB8342687 Pond in backyard Rear of Townhome Screened Patio Living room view of dining area First floor bathroom Stairway to heaven Bedroom 2 Recently renovated bathroom with walkin Hallway - new LVP Bedroom 2 Primary Bedroom Primary Bathroom Primary Bathroom Primary Bathroom Walk in Shower Screened 2nd floor Patio Bedroom 3 Garage interior -washer . dryer New hot water heater
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440 LAKEVIEW DR #33, PALM HARBOR, 34683



Property highlights

  • MLS#: TB8342687
  • Year built: 1980
  • Parking spaces: 2
  • Pool: Community pool
  • Waterfront:
  • Listed: 02/08/2025
  • Taxes: $5,118.29
  • HOA fees (monthly): $700.00
  • Average Monthly Fees (not including CDD, if any): $733.33
  • Maintenance fee includes: Pool, Maintenance Structure, Private Road, Sewer, Trash and Water
  • Building Name: 33
  • Virtual Tour

Property Overview

TURNKEY INVESTMENT OPPORTUNITY | POSITIVE CASH FLOW | 4+ YEAR TENANT STABILITY
Secure immediate, high-yield ROI with this premium 3-bedroom, 2.5-bathroom townhome in the highly coveted Westlake Village. This is a rare "set-it-and-forget-it" asset, perfectly positioned for savvy investors seeking a proven, low-risk addition to their portfolio.
FINANCIAL HIGHLIGHTS:
• INSTANT POSITIVE CASH FLOW: The lease was just renewed through JANUARY 31st, 2027, with a sizable rental increase, maximizing your net income from day one.
• PROVEN TENANT STABILITY: Occupied by excellent, long-term tenants of 4+ years. Enjoy zero vacancy risk and immediate revenue.
• MAINTENANCE-FREE OWNERSHIP: Sale includes a Broward Factory Service (BFS) Gold Plan (through June 2026) covering repair/replacement of HVAC, water heater, and major appliances. Tenants contact BFS directly for repairs!
HASSLE-FREE HOA COVERAGE: The comprehensive HOA fee simplifies your ownership by covering:
• All exterior maintenance including ROOF repair and replacement.
• Exterior painting and professional landscaping/grounds care.
• Water, Sewer, Trash, and Master Exterior Insurance.
• Access to community pool, playground, and tennis courts.
PROPERTY FEATURES:
• SAFE & SECURE: Located in FLOOD ZONE X. This property stayed high and dry through recent storms, offering peace of mind and lower insurance liability.
• INTERIOR UPGRADES: Features luxury vinyl flooring (2020), an updated second bathroom (2020), and a "Zen" gated courtyard entry.
• SERENE VIEWS: Relax with peaceful pond views from the living area and the oversized primary suite, which includes a private enclosed patio (2018).
LOCATION & SHOWINGS: Ideally located in Palm Harbor with easy access to Westlake Village Park’s walking paths. 2025 HOA financials show healthy reserves.
• SOLD AS-IS for seller convenience.
• SHOWINGS: By appointment only with 24-hour notice. Proof of funds/Pre-approval required prior to showing.

Driving directions : From US19N to Nebraska or Alderman Rd (West) take Westlake Blvd; Turn west on Lakeview Dr. Turn south(left) into Townhomes of Westlake and then a quick left to the address #33 on right.

Property Features

Rooms Dimension Description
Primary Bedroom 17x13 Second level , Luxury Vinyl , Ceiling Fan(s) , Double Vanity , En Suite Bathroom , Shower No Tub
Kitchen 10x10 First level , Tile
Living Room 16x14 First level , Laminate
Bedroom 2 13x13 Second level , Luxury Vinyl
Bedroom 3 12x12 Second level , Carpet , Ceiling Fan(s)

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • PrimaryBedroom Upstairs
  • Split Bedroom
  • Thermostat

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Microwave
  • Range
  • Refrigerator
  • Washer

Heating

  • Electric
  • Heat Pump

Laundry features

  • In Garage

Air Conditioning

  • Central Air

Floor Covering

  • Carpet
  • Luxury Vinyl
  • Tile

Utilities

  • Electricity Connected
  • Public
  • Sewer Connected
  • Water Connected

Exterior features

  • Balcony
  • Rain Gutters
  • Sliding Doors

Parking features

  • Garage Door Opener
  • Workshop in Garage

View

  • Water

Patio and porch features

  • Covered
  • Enclosed
  • Patio
  • Rear Porch
  • Screened

Pets restrictions

  • see TWVL Rules & Regs, as well as discuss with Board
  • 2 pet(s) allowed
  • Small (16-35 Lbs.)

Community Features

  • Clubhouse
  • Deed Restrictions
  • Park
  • Playground
  • Pool
  • Sidewalks
  • Tennis Court(s)

Association Amenities

  • Park
  • Playground
  • Pool

Security Features

  • Closed Circuit Camera(s)
  • Fire Alarm
  • Security Lights
  • Smoke Detector(s)

Construction Materials

  • Block
  • Frame

Road Surface Type

  • Asphalt

Property Condition

  • Completed

Roof

  • Shingle

Foundation

  • Slab

Vegetation

  • Mature Landscaping
  • Oak Trees

School Information


Listing information courtesy of CHARLES RUTENBERG REALTY INC

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Listing data comes from My Florida Regional MLS.