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12609 & 12611 1st Isle, Hudson, FL 34667
$423,000
12609 & 12611 1st Isle, Hudson, FL 34667View this property at 12609 & 12611 1st Isle, Hudson, FL 34667
12609 & 12611 1st IsleHudsonFL34667
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Property Description
Amazing investment opportunity for the savvy buyer! This adorable duplex is fully set up and operating as a mid-term rental for traveling professionals, snow birds, and those needing temporary housing. Each unit has maintained an 88% occupancy rating since first listing in September '21, renting at an average of $2,750/mo EACH. Annual gross rent = $66,000 / Annual Expenses = $19,000 / Annual Net Total = $47,000. That's an 11% cap rate! Sitting on a tidal water canal with a floating dock, you can access the Gulf by boat, jet ski, kayak, or SUP in no time! Guests love to fish off the dock and spot the occasional dolphin or manatee swimming by. Furnished with a coastal theme, all the decorations, furniture, linens, dishes, etc will convey with the sale. The home is in great shape with the roof only 5 years old and the inside/outside recently repainted. Each unit has 2 bedrooms, 1 bathroom with a lanai and stackable washer/dryer. There is literally nothing to do except buy and start making money! The large parking pad fits 4 vehicles comfortably. No HOA but owners have the option of being a member of the Leisure Beach Civic Association for a low $50/year. Leisure Beach is a wonderful community with annual cook offs, a Christmas Boat Parade, and regular community events. Per Pasco County regulations, renting for less than 30 days is not currently allowed but there is a huge demand for mid-stay renting! Property is currently advertised across all major platforms with excellent ratings. Many bookings come direct or by word of mouth. This is a great property for anyone just starting in the vacation rental business or someone looking to add to their portfolio. Property qualifies for FHA and VA as well! Live in one side and rent the other out! Already booked at 60% occupancy through Feb '24, buyer can keep these bookings! Operating expenses, booking records, survey, elevation certificate, and 4 point report from 2 years ago available upon request. Both sides are currently occupied, please do not disturb the guests. Video tour available as well.
Full Property Details
Full Property Details for 12609 & 12611 1st Isle
General
- Sold For: $423,000
- Taxes: $6,296 (2023)
- Status: Closed
- Type: Duplex
- MLS ID: T3486265
- Added to Site: 195 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
- Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Other
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters, Storage
- Deck/Patio: Enclosed, Front Porch
- Porch/Patio/Deck: Enclosed, Front Porch
Parking
- Parking Features: Boat, Golf Cart Parking, Parking Pad
Location
- Area: 34667 - Hudson/Bayonet Point/Port Richey
- County: Pasco
- Development Name: 34667 - Hudson/Bayonet Point/Port Richey
- Subdivision: LEISURE BEACH
- Driving Directions: From Hwy 19, go west on Beach Blvd. Make left onto 1st Isle. Property will be on your right.
School Information
- Elementary School: Gulf Highland Elementary
- Middle School: Hudson Middle-PO
- High School: Fivay High-PO
Community
- Community Name: 34667 - Hudson/Bayonet Point/Port Richey
- Assoc. Name: LEISURE BEACH CIVIC ASSOCIATION (voluntary)
- Number of Pets: 2
- Pet Restrictions: Check with county regarding pet restrictions
Heating & Cooling
- Cooling Type: Wall/Window Unit(s), Zoned
- Heating Type: Electric, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Windows: Blinds, Rods, Shades
- Stories/Levels: One
- Square Feet: 1,224
- Sq. Ft. Source: Public Records
- Living Area: 1,224 Sq. Ft.
- Year Built: 1972
Lot Features
- Property View: Water
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,800
- Lot Dimensions: 48 x 100
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Lot Features: Flood Insurance Required, FloodZone, In County, Near Marina, Near Public Transit, Street Paved
- Rcmdd Zoning: MF1
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater, Gulf/Ocean
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Green Features
- Indoor Air Quality: No Smoking-Interior Buildg
Financial Considerations
- Tax Amount: $6,296
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LEISURE BEACH UNIT 1 PB 9 PGS 139-140 S 28 FT OF LOT 213 & N 20 FT OF LOT 212 OR 6934 PG 348 & OR 6934 PG 349
- Flood Zone Info: AE
- Disclosures/Reports: HOA/PUD/Condo Disclosure, Lead Paint, Other, Seller Property Disclosure
- APN: 16-25-04-0040-00000-2130
- Property ID: 16-25-04-0040-00000-2130
Listed by Realty One Group Sunshine
Sold by Keller Williams Realty New Tampa
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Schools
Schools serving 12609 & 12611 1st Isle
School District:Pasco County School District
Rating | Name | Grades | Distance |
---|---|---|---|
8019 Gulf Highlands Dr, Port Richey, FL 34668 | PK-5 | 1.7 mi | |
14540 Cobra Way, Hudson, FL 34669 | 4-8 | 4.1 mi | |
12115 Chicago Ave, Hudson, FL 34669 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12609 & 12611 1st Isle
Date
Details
Price
Change
Source
12/11/2023
Sold
$423,000
-0.47%
MLS
11/16/2023
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12609 & 12611 1st Isle, Hudson, FL 34667 (MLS# T3486265) is a Duplex property that was sold at $423,000 on December 11, 2023. Want to learn more about 12609 & 12611 1st Isle? Do you have questions about finding other Duplex real estate for sale in Hudson? You can browse all Hudson real estate or contact a Coldwell Banker agent to request more information.