Short Sale. Beautiful 2 bedroom 2 bathroom fully furnished and appointed condominium at the Carrollwood Country Club. This condo has a 10 year lease in place generating a 5% return on a cash purchase of $192,500. Existing Tenant pays the Condo dues, all utilities, and real estate taxes. Tenant also pays for all maintenance and replacement of appliances as needed. Insurance is paid by the association. New Owner will need to pay Buyer closing costs and initiation fee for a social membership to the Country Club (required). Other than that all expenses are taken care of by the tenant. Nice to own real estate with a steady rate of return on your cash. Lease also has a rent escalation of 3% per year. If the new owner wants to use the condo occasionally it can be arranged at a nightly price to be deducted from the rent payment. Come get this amazing investment before it is gone!
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