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Real Living Casa Fina Realty
813-569-6294

5013 Bordeaux Village Place UNIT 102, Tampa FL, 33617

(Active)
$819,000
|
|
MLS# T2713775
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Listing Provided Courtesy Of: CRES CORP INTERNATIONAL LLC
Last Updated: 9/17/2014 5:25 AM
Description for 5013 Bordeaux Village Place UNIT 102 Tampa, FL 33617
This is a 24-unit Condo Portfolio. This is a Bank approved Short Sale. The Seller/Bank will consider ONLY ALL CASH OFFERS WITH NO FINANCING CONTINGENCY. Price is negotiable and an acceptable price will be determined by how quickly the Buyer can close. All units are 879 sf with 2-bed/2baths. Currently there are 17 units leased at an average $650/unit with 8 vacancies. Seven of the units need repairs/upgrades in order to become rent ready. Seller has received a $29,000 bid for repairs for all units. Current Market Rent for units in this complex is $750-$800K. HOA is $275/mo and Property Taxes are $56/mo. Condo Sales in the area within the last six months indicate an average sales price of $41,000/unit. Buyer must also consider a $100,000 HOA back-pay as well as $30,000 property taxes that must be settled at closing.
Price
$819,000
Bordeaux Village
Hillsborough
T2713775
Active
Description
This is a 24-unit Condo Portfolio. This is a Bank approved Short Sale. The Seller/Bank will consider ONLY ALL CASH OFFERS WITH NO FINANCING CONTINGENCY. Price is negotiable and an acceptable price will be determined by how quickly the Buyer can close. All units are 879 sf with 2-bed/2baths. Currently there are 17 units leased at an average $650/unit with 8 vacancies. Seven of the units need repairs/upgrades in order to become rent ready. Seller has received a $29,000 bid for repairs for all units. Current Market Rent for units in this complex is $750-$800K. HOA is $275/mo and Property Taxes are $56/mo. Condo Sales in the area within the last six months indicate an average sales price of $41,000/unit. Buyer must also consider a $100,000 HOA back-pay as well as $30,000 property taxes that must be settled at closing.
Listing Information
Property Type: Other
0.02 Acres 1984 Block
Bordeaux Village
Public Sewer
Cable Tv
24 Total
Neighborhood
Room Information
Interior Features
Dishwasher, Range, Range Hood, Refrigerator, Washer
Central Air
Central
Exterior / Lot Features
Storage Area
Shingle
Pool
0x0, Zero Lot Line
In City
Community Features
Recreation Facilities, Community Pool
Driving Directions
From Fowler and 50th St - N on 50th St to Property on Right.
Financial Considerations
$275 Monthly
U-10-28-19-1HX-B000>
$677
Listing Price History

Tampa Real Estate

Tampa is located in Florida. Tampa, Florida 33617 has a population of  339,391.

The median household income in Tampa, Florida 33617 is $43,514. The median household income for the surrounding county is $49,450 compared to the national median of $53,046. The median age of people living in Tampa 33617 is 34.5 years.

Sales History
Tax Info
Listing Provided Courtesy Of: CRES CORP INTERNATIONAL LLC
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2011, My Florida Regional MLS
Information is deemed reliable but is not guaranteed.

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