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Julia Vakulenko - Broker -

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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

Prime Turnkey Investment: Positive Cash Flow Townhome with Newly Renewed Long-Term Lease!
Secure instant monthly income with this exceptional 3-bedroom, 2.5-bathroom townhouse in the highly sought-after Westlake Village of Palm Harbor. This is a rare, high-yield opportunity for the savvy investor looking for a "hands-off" addition to their portfolio.
The Financial Advantage:
Locked-In Revenue: Lease just renewed through January 31st, 2027 with a sizable rental increase, significantly boosting your positive cash flow.
Stable Tenants: Occupied by excellent, long-term tenants with prior HOA Board approval.
Worry-Free Maintenance: Includes a Broward Factory Service (BFS) Gold Plan through June 2026. This covers repair or replacement for HVAC, water heater, and major appliances—tenants deal directly with BFS!
Solid HOA: Healthy 2025 financials with solid reserves. Monthly fees cover almost everything: exterior insurance, roof maintenance/replacement, water, sewer, trash, and grounds care.
Property Highlights
Location & Safety: Situated in Flood Zone X—stayed high and dry during recent storms.
Interior Features: Modern luxury vinyl flooring (2020) and an updated second bathroom (2020). The layout features a "Zen-like" gated courtyard entry and a spacious primary suite with a private enclosed patio (2018) overlooking a serene pond.
Serene Views: Enjoy peaceful pond views from the living area, dining room, and primary bedroom.
Community Amenities: Just a short walk to the community pool. Westlake Village Park offers a playground, tennis courts, and walking paths.
Key Details -
Floorplan: 2-Story | 3 BR / 2.5 BA / 2 Car
HOA Includes: Exterior Insurance, Roof, Paint, Water, Sewer, Trash, Reserves and Grounds Maintenance.
Sale Terms: Sold "As-Is" for seller convenience.
Showing: By appointment only. Minimum 24-hour notice.

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.

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