Cheap property for sale in Florida! Tenanted duplex with positive cash flow near Fort Myers
Ref: US099
Selling Price: 91 300 USD
Price: £ 59 625 / 88 167 AUD
Area: Florida
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Property size: 2226 sq.ft.
Plot size: 10890 ft.
Bedrooms: 6
Send enquiry  Description property in usaDuplex Florida Villa - download PDF brochure for more info (see above)
6 Bedrooms
4 Bathroom
Year Built = 2005
Living Space = 2226 sq ft
1/4 Acre Plot
Net Return = 13.82% (Download brochure above)
Property4peanuts are excited to offer this exclusive opportunity for our Investors to purchase a recently built, tenanted and fully managed Duplex Villa. There are 6 beds in total and 4 bathrooms. This villa was originally sold for 221,000 and is now available for only 91,300 USD! This property will provide excellent rental return whilst giving fantastic potential for capital growth as the market recovers.
Whilst prices have continued to drop over the past 2 years to their current record low levels, it has been said the bottom of the market has now been reached as prices are now 50-60% below the cost to build a similar home and with the combination of high sales activity and lack of new construction in the area, it is resulting in prices now starting to increase presenting a golden opportunity for investors.
These properties come with pre-vetted tenants giving excellent net yields up to nearly 14%! The property management company in place is committed to providing quality service and the highest standard of performance to the owners, buyers, and tenants alike allowing you peace of mind and a ‘hands off’ investment. A number of these properties even come with an optional lease to purchase agreement by the tenant giving a solid exit strategy! Location and Local Attractions property in usaComfortably away from the pace of everyday life, the area offers the quiet of the Florida countryside coupled with family activities, easy access to the area's international airport and excellent shopping excursions. The famous Fort Myers Beach, Sanibel Island, and Captiva Island are within a short drive and offer beautiful white sandy beaches and pristine natural habitats. The area is the perfect place to enjoy miles of freshwater canals, great fishing, boating, tennis, great golf courses, horseback riding and numerous hiking and biking trails.
Property Taxes are based on the appraised value of each and every property, as property prices have fallen dramatically, property taxes have also fallen. The result of lower property taxes is an increase on your return (yield). Nearby employers include, major retail stores, corporate headquarters, distribution centres, hospitals, universities and industrial areas, ensuring an excellent supply of quality tenants. Send enquiry | 
01/30/2011