Multi-Family•Low-Rise/Garden•For Sale

The Pool House Resort (14 CASH-ON- CASH RETURN)!

12405 Pony Court, Tampa, Florida 33626

Sale Price $1,050,000
Sale Type Investment
Zoning RES
Bldg Type Single Tenant
Status Existing
Year Built 1981
Year Renovated 2019
Stories 1
Vacancy 100%
Gross Bldg 7,700 SqFt
RBA 7,700 SqFt
Land Area 1.4 Acres
Project Size 1
Improvements 7-BEDROOM/5.5 BATHROOM MANSION WITH A BRAND-NEW 2-YEAR LEASE IN-PLACE FOR SALE IN BEAUTIFUL TAMPA, FL! CASH-ON-CASH RETURN OF OVER 14% CURRENTLY IN-PLACE!
Market TAMPA
THE RESORT IS COMPLETELY REHABBED AND HAS ALL THE FINEST FINISHES SUCH AS IMPORTED TRAVERTINE FLOORING, REMODELED AND UPDATED BATHROOMS, ONE OF THE LARGEST KITCHEN’S YOU WILL EVER SEE. A TOTAL OF 3 SEPARATE KITCHENS THROUGHOUT THE HOME AS WELL AS AN OUTDOOR COOKING AREA, SCREENED IN POOL AREA, AND A HUGE PRIVATE BACKYARD WITH OVER 1 ACRE OF SPACE TO! THE PROPERTY HAS OVER 5 BATHROOMS AS WELL AS $50,000 WORTH OF BRAND-NEW FURNITURE AND FIXTURES THAT WILL CONVEY TO THE OWNER AT CLOSING. THE PROPERTY CONSISTS OF 2 NEW HVAC UNITS AND A NEW ROOF, BOTH REPLACED IN 2017! THE POOL HOUSE RESORT ALSO HAS MANY OTHER STUNNING FEATURES UNLIKE ANY OTHER PROPERTY CURRENTLY ON THE MARKET. THE PROPERTY HAS A GORGEOUS LIVING ROOM WITH A NEW 65’ SMART TV AND A TOP OF THE LINE LEATHER RECLINER SOFA. THE DINING ROOM IS EQUIPPED WITH 2 LARGE TABLES AND 16 SEATS AND AN ENTERTAINMENT ROOM WITH A POOL TABLE! ALL BEDROOMS ARE EQUIPPED WITH TOP OF THE LINE IMPRESSIVE LUXURY FURNITURE AND TV’S ALL PURCHASED IN 2019! THE LAST AND MAYBE MOST AMAZING FEATURE OF THIS INCREDIBLE INVESTMENT OPPORTUNITY IS ITS 2 SEPARATE LARGE SCREENED IN AREAS. THE FIRST HAS A LARGE SWIMMING POOL WITH A WATERFALL AND TROPICAL PLANTS OVERLAPPING THE BACK-POOL DECK. THE SECOND SCREENED IN AREA HAS AMPLE SEATING FOR OVER 20 GUESTS AND AN OUTDOOR KITCHEN WITH A REFRIGERATOR, STOVE, MICROWAVE, AND GRILL! THE POOL HOUSE RESORT IS LOCATED IN BEAUTIFUL TAMPA, FL! THE FANTASTIC INVESTMENT OPPORTUNITY COMES WITH A BRAND-NEW 2 YEAR LEASE IN-PLACE AND A CAP RATE OF OVER 8%!
  • SELLER FINANCING AVAILABLE AT APPROXIMATELY 40% DOWN!
  • 7,700 S/F MANSION IN BEAUTIFUL TAMPA, FL!
  • NEW 2-YEAR LEASE IN-PLACE WITH 3 OPTIONS TO EXTEND WITH RENTAL BUMPS!
  • 8.4% + CAP RATE!
  • 15% +CASH-ON-CASH RETURN!
  • THE CURRENT TENANT PAYS FOR ALL EXPENSES AT THE PROPERTY EXCEPT FOR PROPERTY TAX AND INSURANCE WHICH IS PAID FOR BY THE OWNER!
  • ANNUAL RENTAL INCREASES GIVING THE BUYER MASSIVE UPSIDE!
  • OVER $50,000 WORTH OF FURNITURE AND FIXTURES CURRENTLY AT THE PROPERTY WILL CONVEY TO THE BUYER AT CLOSING!
  • PERFECT LOCATION IN THE HEART OF TAMPA, FL!
  • 2 LARGE SCREENED IN AREAS IN THE BACK OF THE PROPERTY WITH A MASSIVE POOL!
7/11/2019 2:56:49 PM 7/11/2019 5:46:37 PM
David Rosenthal
Associate
Grimaldi Commercial Realty Corp

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