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$325,000

For Sale - Active
524 Boardwalk Ave, Haines City, FL 33844
3 Beds
2 Baths
1,725 Square Feet
0.13 Acres Lot
Built in 2022
For Sale - Active
1 Units
Checked: 18 hours ago
Updated: Aug 25, 2025 at 10:07AM

Investment Summary


Monthly Cash Flow
-$720
Cap Rate
3.5%
Cash-on-Cash Return
-11.6%
Debt Coverage Ratio
0.57
Internal Rate of Return (5 years)
-7.2%

Property Description


0.13 Acres Lot
Built in 2022
For Sale - Active
1 Units

USDA ELIGIBLE FOR 100% FINANCING!! Immaculate 2022-Built 3 Bedroom Home with Extended Lanai & Privacy Fence! Step into this like-new 3 bedroom, 2 bath home where style and functionality come together effortlessly. Built in 2022 and impeccably maintained, this home is surrounded by beautiful lush landscaping and offers great curb appeal from the moment you arrive. Inside, the open floor plan creates a welcoming flow between the living, dining, and kitchen areas. You'll love the stainless steel appliances, huge pantry, and spacious island that’s perfect for gatherings. The primary suite offers a relaxing retreat with a walk-in closet and private en-suite bath. Enjoy the outdoors on your extended lanai, overlooking a fully privacy-fenced backyard—perfect for kids, pets, or peaceful evenings under the stars. With thoughtful upgrades, a modern layout, and no detail overlooked, this home is truly move-in ready. Why wait for new construction? Come see it for yourself!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Garage Door Opener, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

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

Interior Features

  • # of Rooms: 5
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: Prima Community Management/ Sharon Gastelbando
  • HOA Fee: $300/semi-annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 272727759003001490
  • Lot Size: 5532 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2022

Tax Information

  • Annual Tax: $4,624

Utilities

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

Location

  • County: Polk

Listing Details


Listed by:
Jacqueline Mazurowski
KELLER WILLIAMS REALTY SMART 1
(863) 206-0110

Source:
Stellar MLS
MLS#: P4935779
Stellar MLS

Investment Summary


Monthly Cash Flow
-$720
Cap Rate
3.5%
Cash-on-Cash Return
-11.6%
Debt Coverage Ratio
0.57
Internal Rate of Return (5 years)
-7.2%

Purchase Details

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Purchase price:
$325,000
Amount financed:
-$260,000
Down payment:
$65,000
Closing costs:
$9,750
Rehab costs:
$0
Initial cash invested:
$74,750
Square feet:
1,725
Cost per square foot:
$188
Monthly rent per square foot:
$1.16

Financing Details

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Loan amount:
$260,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,665
Property tax:
$385
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,190

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (19%)
19%-$385-$4,625
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (3%)
3%-$50-$600
Total operating expenses: (47%)
47%-$935-$11,225

Cash Flow


Monthly Yearly
Net operating income:
$945 $11,340
Mortgage payments:
-$1,665 -$19,980
Cash flow:
$720 $8,640