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$274,000

For Sale - Active
2939 Yucca Ct, Palm Harbor, FL 34684
2 Beds
2 Baths
1,120 Square Feet
0.06 Acres Lot
Built in 1981
For Sale - Active
1 Units
Checked: 3 hours ago
Updated: Aug 19, 2025 at 12:21PM

Investment Summary


Monthly Cash Flow
-$205
Cap Rate
5.3%
Cash-on-Cash Return
-3.9%
Debt Coverage Ratio
0.85
Internal Rate of Return (5 years)
0.2%

Property Description


0.06 Acres Lot
Built in 1981
For Sale - Active
1 Units

NEW PRICE & BEST PRICE QUALITY HOME IN COMMUNITY! This captivating fully remodeled 2-bedroom, 2-bathroom gem in the highly sought-after Strathmore Gate East community! A showcase of modern elegance and thoughtful design. You’ll be amazed by the brand-new ceramic tile flooring throughout the entire home that adds style and durability. The fully remodeled kitchen featuring gleaming quartz countertops, sleek stainless steel appliances, deep solid-wood cabinets with soft-close drawers, and a spacious gun-metal recessed sink. The custom marble backsplash adds a luxurious touch, making this space as beautiful as it is functional. Both bathrooms are brand new with spa-like sophistication, top-notch finishes and fixtures that ensure comfort and style. Step outside to the amazing porch area, perfect for enjoying your morning coffee or unwinding after a long day. The home also boasts a newer AC (2018), water heater (2019), and a brand-new roof installed in (November 2023), giving you peace of mind for years to come. Strathmore Gate East is a pet-friendly community with fantastic amenities, including a sparkling pool, tennis courts, and basketball facilities. Its central location puts you just minutes from premier shopping, dining, parks, beautiful beaches, and Tampa International Airport. The HOA fee covers the community pool, exterior maintenance, grounds upkeep, sewer, water, trash, and more, ensuring a low-maintenance lifestyle. Don’t miss this opportunity to own a home with modern updates in a prime location with amazing community amenities. Call Steven Santucci today and make this incredible property your new sanctuary!

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Location


Property Details


Parking

  • Description: No Parking
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 5
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Wood
  • Foundation: Slab
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: AMERI-TECH Jenny Kidd
  • HOA Fee: $420/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Planned Unit Development

Lot Information

  • Parcel ID: 082816855600000410
  • Lot Size: 2596 sqft

Property Information

  • Property Type: Townhouse
  • Style: Contemporary
  • Year Built: 1981

Tax Information

  • Annual Tax: $1,271

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Pinellas

Listing Details


Listed by:
Steven Santucci, LLC
COASTAL PROPERTIES GROUP INTERNATIONAL
(727) 459-9013

Source:
Stellar MLS
MLS#: TB8321690
Stellar MLS

Investment Summary


Monthly Cash Flow
-$205
Cap Rate
5.3%
Cash-on-Cash Return
-3.9%
Debt Coverage Ratio
0.85
Internal Rate of Return (5 years)
0.2%

Purchase Details

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Purchase price:
$274,000
Amount financed:
-$219,200
Down payment:
$54,800
Closing costs:
$8,220
Rehab costs:
$0
Initial cash invested:
$63,020
Square feet:
1,120
Cost per square foot:
$245
Monthly rent per square foot:
$2.23

Financing Details

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Loan amount:
$219,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,404
Property tax:
$106
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,685

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (4%)
4%-$106-$1,272
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (17%)
17%-$420-$5,040
Total operating expenses: (46%)
46%-$1,151-$13,812

Cash Flow


Monthly Yearly
Net operating income:
$1,199 $14,388
Mortgage payments:
-$1,404 -$16,848
Cash flow:
-$205 -$2,460