$209,500
Original: $239,900
Active

520 GEORGETOWN DRIVE

CASSELBERRY, FL 32707 — LAKE HOWELL ARMS CONDO
3 Beds
2 Baths
1,344 sqft
0.02 acres
Built 1970

About This Property

Virtually Staged. ***11.1% GROSS YIELD – NO RENTAL WAITING PERIOD IN SEMINOLE COUNTY!***

Attention Investors & Cash Buyers: Stop fighting over 4% returns. This massive 1,344 sq. ft. income generator in Lake Howell Arms features a rare 3-bedroom layout, historically renting at $1,950/month from DAY ONE.

THE INVESTOR ADVANTAGE: Unlike 95% of Central Florida associations, this community has ZERO ownership time restrictions before leasing. Turn-key and ready to cash-flow. HOA fee wraps water, pest control, exterior maintenance, and exclusive private boat ramp/ski privileges on Lake Howell into one predictable line item.

THE PROPERTY: No upstairs/downstairs neighbors, massive 15x16 living zone, and a private fenced courtyard. Minutes from major retail corridors, Rollins, Full Sail, and UCF commuter routes.

PRICED TO LIQUIDATE: Owner motivated, property is easy to show. Bring your cash, hard money, or portfolio conventional offers today before this high-yield asset is gone.

Property Details

Basics

Property Type
Residential
Property Subtype
Townhouse
MLS Number
O6364855
Days on Market
176
Year Built
1970
Levels
Two
Additional Rooms
Attic,Inside Utility
Direction Faces
Northwest
Occupant Type
Vacant

Size & Structure

Living Area
1,344 sqft
Total Area
1,344 sqft
Lot Size
0.02 acres
Lot Sq Ft
854 sqft
Bedrooms
3
Full Baths
1
Half Baths
1
Stories
2

Interior

Flooring
Carpet, Ceramic Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior Features
Ceiling Fans(s), Eat-in Kitchen, PrimaryBedroom Upstairs, Window Treatments
Laundry
Inside, Laundry Closet
Windows
Blinds, Drapes
Furnished
Unfurnished
A/C
Central Air
Heating
Central

Exterior & Lot

Exterior Features
Balcony, Sidewalk, Sliding Doors
Construction
Brick, Stucco
Roof
Shingle
Foundation
Slab
Patio/Porch
Patio
Fencing
Fenced, Wood

Water & Pool

Water Body
LAKE HOWELL

Community & HOA

HOA
Yes
HOA Fee
$500/Monthly
HOA Amenities
Clubhouse, Laundry, Vehicle Restrictions
Condo Fees
$0/mo
Community Features
Deed Restrictions, Pool, Sidewalks, Street Lights
Pets Allowed
No
Security
Smoke Detector(s)

Utilities & Systems

Water
Public
Sewer
Public Sewer
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Water Connected
Cooling
Central Air
Heating
Central
Flood Zone
X
Parking
Assigned, Covered, Deeded, Guest

Financial

List Price
$209,500
Original Price
$239,900
Annual Taxes
$2,554
Tax Year
2024
Listing Terms
Cash, Conventional
Special Conditions
None
Possession
Close Of Escrow

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Location