Bought with The K Co. Realty
$39,900
$42,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
424 SqFt
SOLD DATE : 02/03/2016
Key Details
Sold Price $39,900
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 424 sqft
Price per Sqft $94
Subdivision Sierra Condo Apts
MLS Listing ID RX-10191396
Sold Date 02/03/16
Style Traditional
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $205/mo
HOA Y/N Yes
Year Built 1980
Annual Tax Amount $466
Tax Year 2015
Property Description
An excellent investment opportunity. Current rentals have increased to $700 on one year leases. The condo assn. provided water, sewage, garbage, pest control, Comcast Cable and WiFi. Tenant's pay their own electric.The current tenant's lease has expired and they have remained in occupancy on a month to month basis. Sierra's occupancy rate has remained near 100% during the past two years and is currently at 99 - 100%.
Location
State FL
Community Sierra Condominium
Zoning COMMERCIAL
Rooms
Other Rooms Studio Bedroom
Master Bath Combo Tub/Shower
Interior
Interior Features Closet Cabinets
Heating No Heat
Cooling Paddle Fans, Wall-Win A/C
Flooring Tile
Furnishings Partially Furnished
Exterior
Exterior Feature Well Sprinkler
Parking Features Open
Community Features Non-Conforming Use, Sold As-Is, Title Insurance
Utilities Available Cable, Electric Service Available, Public Sewer, Public Water, Water Available
Amenities Available Clubhouse, Common Laundry, Community Room, Picnic Area, Pool, Sidewalks, Street Lights
Waterfront Description None
View Clubhouse, Pool
Roof Type Comp Rolled
Present Use Non-Conforming Use,Sold As-Is,Title Insurance
Exposure West
Private Pool No
Building
Lot Description Sidewalks, Treed Lot, West of US-1
Story 2.00
Unit Features Efficiency
Foundation CBS
Unit Floor 1
Construction Status Resale
Schools
High Schools Martin County High School
Others
Pets Allowed No
HOA Fee Include Cable,Common Areas,Insurance-Bldg,Laundry Facilities,Lawn Care,Legal/Accounting,Maintenance-Exterior,Management Fees,Manager,Other,Parking,Pest Control,Pool Service,Reserve Funds,Roof Maintenance,Sewer,Trash Removal,Water
Senior Community No Hopa
Restrictions Buyer Approval,Commercial Vehicles Prohibited,Interview Required,Lease OK,No Pets,Tenant Approval
Acceptable Financing Cash
Horse Property No
Membership Fee Required No
Listing Terms Cash
Financing Cash
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