Off-Market Property at 5601 Tern Ct, Tampa, FL 33625
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $252 per day and long-term for an average of $2,618 per month, based on similar listings in the area. Estimated short-term cap rate of 1.0%. Estimated long-term cap rate of -1.6%. Under contract-accepting backup offers. Step into paradise with this stunning home located on a large fenced in corner lot situated between Citrus Park and Carrollwood. With NO HOA, bring your boat or RV because there is plenty of room to park both. As you enter, you are greeted by French Doors leading out to an expansive backyard oasis that will take your breath away. Imagine relaxing by the sparkling pool, watching sports and eating under the shade of the gazebo, or hosting unforgettable cookouts in the outdoor kitchen. Beautifully landscaped with lighting to enjoy warm Florida evenings. The interior of the home is just as impressive, with a tastefully remodeled 3 bed/2 bath floor plan perfect for entertaining guests. The kitchen features top-of-the-line appliances, granite countertops, and a dining room only steps away with a cozy wood burning fireplace. Luxury Vinyl Plank flooring & Plantation Shutters run throughout the entire home. The primary suite offers a luxurious retreat with a spa-like bathroom and dual closets. Need extra storage space? Look no further than the shed and greenhouse conveniently located on the property. And to top it all off, enjoy energy savings with a FULLY PAID Whole House SOLAR SYSTEM, located in a large storage room inside the 2 car garage. With an extended pavered 6 car driveway, there is ample room to entertain friends and family. Don't miss out on this rare opportunity to own your own piece of tropical heaven in sunny Tampa. All of this, only 20 minutes to downtown and 30 minutes to Gulf Beaches.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3028
Bedrooms
3
Bathrooms
2
SQFT
1,597
Furnished
N/A
Year built
1984
Listing Status
Off Market
MLS
T3549483

Short-term Rental Potential
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$46,656

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$369

Price/SQFT

Long-term Rental Potential
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$31,416

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,618/mo

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