Overview

$259,900

20% Min Down

972 MADRID DRIVE #

972 Madrid Drive, Palm Harbor, FL 34684

For sale in Highland Lakes

2 BR | 2 BA | 980 ft² | $265/ft² | 6.52% Cap Rate

Listed Apr 3rd, 2021
One or more photo(s) has been virtually staged. Beautifully UPDATED Villa in Highland Lakes! Enjoy Maintenance Free Living in this 2 Bedroom, 2 Bath, 1 Car Garage Great Room Floor Plan with Dining Area. Generous Room Sizes. New Beautiful Wood-Look Tile Flooring throughout Entire Home & New Baseboards. New Ceiling Fans and Fixtures. Completely Updated Kitchen features Stainless Steel Appliances, Wood Soft-close Cabinets, Quartzite Countertops, Decorative Tile Backsplash, Breakfast Nook with Bay Window and Large Pantry. Spacious Master Suite with Slider to Florida Room and Private Bath. Updated Master Bath with Quartz Covered Vanity, New Ceramic Tile, Walk-in Closet and Step-in Shower. Guest Bedroom with Adjoining Updated Private Bath with New Quartz Covered Vanity & Fixtures. Freshly Painted Interior. Lots of extra Storage Closets. Flex Space in Florida Room, Overlooking Golf Area where you can Relax in the Private Outdoor Area and Enjoy the Peace and Tranquility. Tile Roof Replaced 2010. Low Monthly HOA fee of $210 includes ground maintenance, building exterior, basic cable and trash removal. Highland Lakes a premier 55+ Community-$109 monthly fee features Three 9 Hole Executive Golf Courses with no green fees, Two Highland Lakes Community Pools -one at the Clubhouse, and one at the Lodge on Lake Tarpon, Boat Dock and Boat Ramp. Tennis, Bocce, and Shuffleboard. RV and Boat Storage. Pontoon Boat Tours. Restaurants, Shopping, Parks, and Airports Nearby.

The manager has listed the unit size as 980 square feet.

Inquire about this Property

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Features & Amenities

Unit Amenities

  • Dishwasher
  • Dryer
  • Garbage Disposer
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Central A/C
  • Exterior: Block
  • Exterior: Stucco
  • Driveway
  • Garage
  • Floor Coverings: Tile - Ceramic

Building Policies

Learn more about 972 Madrid Drive, Palm Harbor, FL 34684

Listed By

Cindy Fazzini

RE/MAX Realtec Group Inc

7277895555

History

Date Event Price
May 5, 2021 Off Market -
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May 1, 2021 Price Drop $259,900
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Apr 16, 2021 Price Drop $269,900
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Jan 23, 2021 Off Market -
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Jan 17, 2021 Price Drop $219,900
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Jan 8, 2021 Price Drop $224,900
ListingHistoryRow::__set_state(array( 'event_date' => '2021-01-08', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$224,900', 'orig_value' => '229900', 'listing_id' => '12814245', 'unit' => '', 'building_id' => NULL, 'street_address' => '972 MADRID DRIVE', 'citystate' => NULL, 'bedrooms' => '-1', 'bathrooms' => '2', 'square_feet' => '980', 'pretty_url' => 'https://www.realtyhop.com/building/972-madrid-drive/house/12814245', 'diff_amount' => '-$5,000', 'diff_pct' => -2.174858634188781, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12814245', 'listing_id' => '12814245', 'created' => '2021-01-08 07:17:38', 'value_date' => '2021-01-08 07:17:38', 'key' => 'price', 'orig_value' => '229900', 'new_value' => '224900', 'unit' => '', 'street_address' => '972 MADRID DRIVE', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '2', 'square_feet' => '980', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
Dec 31, 2020 Price Drop $229,900
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Property Analysis

Price Estimate

$262,499

HopScore Market Price

$259,900

Current Asking Price

+$2,599

Difference from Asking

Cap Rate Analysis

Operating Profit

$16,936
/

Purchase Price

$259,900
=

Cap Rate

6.52%
**

* Actual income may vary between $1,320 and $1,980 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 972 MADRID DRIVE

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 972 MADRID DRIVE

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Want to find out who owns 60 East 8th Street? Get detailed property transactions here.

Neighborhood

Stats & Trends

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Median Asking

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Above Asking

-

Sale Price/ft²

-

Days on Market

Schools

School Type Grades Distance
HIGHLAND LAKES ELEMENTARY SCHOOL Elementary PK to 5 0.43 mi
JOSEPH L. CARWISE MIDDLE SCHOOL Middle School 6 to 8 1.01 mi
PALM HARBOR UNIVERSITY HIGH High School 9 to 12 2.52 mi
PLATO ACADEMY PALM HARBOR CHARTER SCHOOL Elementary KG to 8 2.68 mi
CHI CHI RODRIQUEZ ACADEMY Middle School 4 to 8 3.09 mi
DISCOVERY ACADEMY OF SCIENCE Elementary KG to 8 3.66 mi
EAST LAKE MIDDLE SCHOOL ACADEMY OF ENGINEERING Middle School 6 to 8 3.93 mi
ENTERPRISE CHARTER HIGH SCHOOL High School 9 to 12 4.48 mi
ACADEMIE DA VINCI CHARTER SCHOOL Elementary KG to 8 4.67 mi
TARPON SPRINGS FUNDAMENTAL ELE Elementary KG to 5 4.81 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$1,567

Per Month

Recent Transactions at 972 MADRID DRIVE

Transaction history for 972 Madrid Drive

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)

Apartments for Sale at 972 Madrid Drive

UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

Apartments for Rent at 972 Madrid Drive

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about 972 MADRID DRIVE #

Building at 972 Madrid Drive, Palm Harbor, FL 34684

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