Investor purchases a unit in as-is condition (not upgraded). Seller/developer leases the unit from the new purchaser for 18 months, paying the purchaser/investor the guaranteed lease back amount each month for the next 18 months. The seller/developer (now tenant) subleases the unit to a tenant and retains the subleased rent.
| Floor plan | Square feet | Investor's purchase price | Lease back | HOA* |
| 1-bedroom | 630SF | $119,900 | $900/month | $176.44 |
| 1-bedroom with bay window | 650SF | $122,900 | $1,000/month | $182.05 |
| 1-bedroom with den | 775SF | $129,900 | $1,100/month | $217.06 |
| 2-bedroom | 860SF | $139,900 | $1,200/month | $240.86 |
| 2-bedroom with loft | 900SF | Not available on this program | N/A | N/A |
| 2-bedroom (b) | 930SF | Not available on this program | N/A | N/A |
Disclaimer: Prices are subject to change without notice. Prices posted on this website are current as of April 2007.
*HOA fee includes Internet and expanded cable, building insurance, exterior maintenance and pest control and all amenities.
Palm Harbor offers that relaxed small town vibe without necessarily being isolated. It is 15-30 minutes from downtown St.Petersburg, Clearwater, and Tampa. It also brings that beachy, tropical vibe which attracts a good number of its residents. Palm Harbor is home to some of the best golf courses in the country such as the The Westin Innisbrook Resort . It is commonly and locally known as the "upper class" area of Pinellas County. Palm Harbor University High School is a nationally recognized school and is one of the best schools in the Southern United States. Eighty percent of the senior class qualifies for Florida Bright Futures scholarships and the school is known for excelling in Women's and Men's Soccer, winning state championships. The downtown district of Palm Harbor hosts many festivals and craft fairs. The first Friday of every month they celebrate "First Friday" where teenagers can come hangout, play games, win prizes and adults can sample food from local restaurants and explore the downtown district. Palm Harbor is home to many fine restaurants, a majority being places that serve seafood.
Early History: Palm Harbor was originally settled by J.C. Craver, who moved to the area in 1877 upon the advice of his physician. A post office was granted in 1888, the same year that the railroad was completed in the area. Palm Harbor was originally called Sutherland, a shortening of Southern Land and Development Company, the group that originally platted the community in 1888. The name was changed to Palm Harbor in 1925.
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Ruth Lorenzen
I am marketing this property as a Buyer's Representative.
I am not the listing agent. (click for more info)
Disclaimer: Information, including pricing, is believed to be accurate but may change at any time without notice.