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$974,000

For Sale - Active
5406 Blue Heron Ln, Zephyrhills, FL 33543
4 Beds
3 Baths
2,720 Square Feet
0.45 Acres Lot
Built in 1992
For Sale - Active
Units n/a
Checked: 10 hours ago
Updated: Aug 23, 2025 at 06:30PM

Investment Summary


Monthly Cash Flow
-$1,821
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Property Description


0.45 Acres Lot
Built in 1992
For Sale - Active
Units n/a

Welcome to this stunning luxury residence located in the gated community of Saddlebrook. Sprawled across nearly half an acre of manicured land, this 4-bed, 3-bath home with a bonus den/office offers over 2,700 sqft of elegantly designed living space. As you approach, the home's circular paver driveway and central fountain make a grand impression. The oversized 3-car garage features epoxied floors and a side-loading door for a golf cart. Inside, you'll find crown molding, architectural details, and a split-bedroom layout. The home offers both formal living and dining rooms, along with a spacious family room equipped with triple-pocket sliding doors that open up to breathtaking views of the heated pool. The chef's kitchen is centrally located, featuring granite countertops, a large island, stainless steel appliances, and ample cabinet space. The luxurious primary suite includes sliding glass doors that lead to the pool area, along with two walk-in closets. The ensuite bathroom feels like a spa with elegant tiling, a large soaking tub, dual vanities, walk-in shower, and a private water closet. In addition, there are three spacious bedrooms and two well-appointed full bathrooms. A dedicated laundry room includes extra storage and a utility sink. Step into the screened-in outdoor living area and enjoy your own resort-style pool and jacuzzi surrounded by a paver deck and lush landscaping. An outdoor kitchen with a built-in grill, sink, and island make entertaining effortless. Unwind by the gas fireplace or gather around the fire pit seating area, perfectly nestled behind sculpted privacy hedges. As a resident of Saddlebrook, enjoy 24-hour guard-gated security and access to two 18-hole Arnold Palmer-designed golf courses, multiple tennis & pickleball courts, scenic trails and much more. Located in the heart of Wesley Chapel, you're minutes from I-75, Tampa Premium Outlets, The Shops at Wiregrass, and a short drive to downtown Tampa. Additional updates include: instant water heater (2022), new pool pump (2025), water softener, new fridge (2024), roof (2014). Schedule your showing today!

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Location


Property Details


Parking

  • Description: Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized
  • Details: Circular Driveway, Driveway, Garage Door Opener, Golf Cart Garage, Oversized, Attached
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 4
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Concrete Block
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Tile
  • Pool: Yes

HOA

  • Has HOA: Yes
  • Association: Vesta Property Services
  • HOA Fee: $577/quarterly

Land Information

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

Lot Information

  • Parcel ID: 0826200110000000180
  • Lot Size: 19464 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1992

Tax Information

  • Annual Tax: $6,040

Utilities

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

Location

  • County: Pasco

Listing Details


Listed by:
Abby Hakim
RE/MAX PREMIER GROUP
(571) 643-6702

Source:
Stellar MLS
MLS#: TB8408617
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,821
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Purchase Details

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Purchase price:
$974,000
Amount financed:
-$779,200
Down payment:
$194,800
Closing costs:
$29,220
Rehab costs:
$0
Initial cash invested:
$224,020
Square feet:
2,720
Cost per square foot:
$358
Monthly rent per square foot:
$2.06

Financing Details

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Loan amount:
$779,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$4,989
Property tax:
$503
Insurance:
$392
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,884

Operating Income

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% Rent Monthly Yearly
Gross rent:
$5,600 $67,200
Vacancy loss: (6%)
6% -$336 -$4,032
Operating income:
$5,264 $63,168

Operating Expenses


% Rent Monthly Yearly
Property taxes: (9%)
9%-$503-$6,041
Insurance: (7%)
7%-$392-$4,704
Property management: (8%)
8%-$448-$5,376
Repairs & maintenance: (5%)
5%-$280-$3,360
Capital expenditures: (5%)
5%-$280-$3,360
HOA fees: (3%)
3%-$193-$2,316
Total operating expenses: (37%)
37%-$2,096-$25,157

Cash Flow


Monthly Yearly
Net operating income:
$3,168 $38,016
Mortgage payments:
-$4,989 -$59,868
Cash flow:
$1,821 $21,852