3 months on rocket

20890 Negril Ct Unit R5, Lutz, FL, 33558

$329,000

Home List Price

$3,907*

Closing Credit

0 Baths
1,180 SqFt
$279/SqFt
Multi
Schools Nearby

Location

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20890 Negril Ct Unit R5, Lutz$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1984
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s)
FireplaceElectric
MLS #U8225895
StatusActive

About 20890 Negril Ct Unit R5

INCOME / INVESTMENT PROPERTY. Welcome to Paradise Lakes, a gated, pet friendly community offering an incredible opportunity to invest in an income-producing property! This fully rented condo, featuring a main unit and a studio "lock out," is a dream come true for savvy investors like yourself. This stunning, updated, and remodeled 2-Bed/2-Bath condo is an absolute gem located in the exclusive gated community of Paradise Lakes. Prepare to be amazed as you step into this fully furnished property that includes everything you need to live the good life - appliances, decor, kitchenware, linens, and not one, but three flat screen TV's! Main floor offers a spacious open concept living/dining/kitchen area with breathtaking views of the pond. You'll fall in love with the kitchen, featuring top-of-the-line solid wood KraftMaid cabinets, elegant Corian counters, and newer appliances including a dishwasher, smooth-top range, built-in microwave, and side-by-side refrigerator. The full-height double pantry with roll-out shelves and a breakfast bar provide ample storage and convenience.Prepare to be impressed by the upscale and contemporary furnishings and decor throughout the condo. Upstairs, the master bedroom retreat awaits, complete with an electric fireplace, a luxurious recliner sofa, a wall-mount flat-screen TV, Bose surround sound, and even a mini-fridge for your convenience. The main bath offers a separate jetted tub, and a refreshing shower.Need a space to work from home or indulge in your hobbies? Look no further than the huge bonus den with custom built-in cabinets, a spacious workspace, and stunning water views. The condo also boasts AC 2016 and dual-pane windows 2015 as well as newer flooring. You'll find storage galore throughout the condo, including understairs shelving and attic access with pull-down stairs. This flexible floorplan also includes a lock-out studio with a separate entrance door and a convenient kitchenette equipped with a counter size convection oven, apartment size refrigerator, microwave, 2-burner hot plate, and a sink. The second full bath with an extended vanity and combination tub/shower completes this amazing space.Paradise Lakes is not just any community - it's a nudist/clothing-optional paradise spanning 72 acres of natural beauty. Imagine waking up to lush tropical landscaping, serene lakes, and countless recreational areas right at your doorstep. And the best part? This property is in impeccable condition, needing no repairs or extra care. It's a turnkey investment that guarantees consistent income, making it the perfect choice for savvy investors. Short-term rentals are allowed and not in a flood zone. Located in Lutz, this property strikes the perfect balance between tranquility, convenience and income. Indulge in the fantastic amenities nearby, including mouthwatering restaurants, vibrant shopping centers, and beautiful parks. Now, let's talk numbers. With the main unit currently rented for $1800 and the studio rented for $1200, both on a yearly basis, you can start earning rental income right away. Low condo fee of just $392 per month, this investment becomes even more attractive. Don't let this incredible opportunity slip through your fingers. Contact us now for more information and take the first step towards financial success. Please understand since this property is operated as an investment we need at least 48 hours advanced notice and proof of funds to coordinate showings with the renters.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 1,180 SqFt

Listing Office:

  • Office Name: SOUTH BEACHES REAL ESTATE
  • Office Phone: (727) 399-9990
  • Listing Agent: Anne Hensel

Interior Features

Interior Information:

  • Flooring Type: Carpet, Forestry Stewardship Certified, Vinyl
  • Interior: Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Fireplace: Electric

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Dog Run

Virtual/3D Tour

  • Virtual Tour: 20890 Negril Ct Unit R5

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Pasco Eschool-Virtual Franchise, Public District Grades 6-12
  • Sunlake High School, Public District Grades 9-12
  • Charles S. Rushe Middle School, Public District Grades 6-8
  • Oakstead Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From FL-597 N Turn onto Brinson Rd, Turn left onto Paradise Lakes Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $279/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lutz, FL.

Med. Sold Price

$489.5K

Med. Price/SqFt

$241

Avg. Days On Market

36

# of Sold Homes

77

20890 Negril Ct Unit R5 vs Lutz

117 DAYS ON ROCKET

+81 Days

$329,000

-$160.5K Less

$279/SqFt

+$38 More

KEY TAKEAWAY

This property is $160.5K less than the Median Sold Price and $38/SqFt more than other homes in Lutz, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8225895

Listing Office:

  • Office Name: SOUTH BEACHES REAL ESTATE
  • Office Phone: (727) 399-9990
  • Listing Agent: Anne Hensel

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/7/2024, 6:19:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7732650
7
/10
  • Oakstead Elementary School

  • 19925 Lake Patience Rd

  • 2.27 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7732651
6
/10
  • Charles S. Rushe Middle School

  • 18654 Mentmore Blvd

  • 2.57 miles

  • Public District Grades 6-8

High School

school-card-donut-7732652
6
/10
  • Pasco Eschool-Virtual Franchise

  • 3023 Sunlake Blvd

  • 2.58 miles

  • Public District Grades 6-12

school-card-donut-7732653
7
/10
  • Sunlake High School

  • 3023 Sunlake Blvd

  • 2.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,055. Residents of Lutz, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Florida›Hillsborough County›Lutz›33558›20890 Negril Ct Unit R5

This home is located at 20890 Negril Ct Unit R5 in Lutz, FL and zip code 33558. This 1,180 square foot home was built in 1984. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $329,000.

Over 15 listings were sold over their listed price in April 2024 in Lutz, FL. In the same period over 48 listings were sold below the listed price and 14 listings were sold for the listed price. The number of listings in Lutz, FL increased by 4.3% between March 2024 and April 2024. Listings spent 36 days on the market in April 2024, and had a median list price of $489,571 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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