5440 113TH STREET SEMINOLE FL 33772 MLS #U8253769 | Gary Kusher | Florida Real Estate

Are you looking for a single family home with an In-Law suite or an Incredible Income Producing Property in Unincorporated Seminole with NO Rental Restrictions? If so this is the house for you! Option 1: Live in the entire house with plenty of room for a large family. Option 2: Live upstairs and let the in-laws have their own private space downstairs. Option 3: Rent the downstairs apartment while you live upstairs. Option 4: Rent out the 2 units separately. The options are yours. The current owner has the house divided into 2 living spaces that he has very successfully rented out through Air BnB. The monthly rental income is about $5800 a month or $69,600 a year for the 2 units combined. Less the fixed expenses the property still generates roughly $57,600 yearly. Just 2 miles to the beautiful beaches of Madeira Beach, centrally located to shopping, restaurants, and a short 30 minute drive to Tampa International Airport. The home is equipped with 2 kitchens, one upstairs and one for the downstairs unit. So the property includes 2 refrigerators, 2 microwaves, 2 electric ovens, 2 garbage disposals, 1 dishwasher, 1 washer and dryer. Upon entering the house you will be greeted in the living room with a fireplace to enjoy on our chilly December nights and delighted with the open feeling as the ceiling extends to the second level. The upper level has a sunny family room, dining room and kitchen with an eat in bar. Across the house are the primary bedroom and guest bedroom with a private ensuite bath and a full hall bath. The lower level of the house has a full kitchen with a breakfast bar, living room, a full bathroom, nice sized bedroom and a bonus room with a huge storage space. This bonus room is used as another sleeping room and it is completely private. The garage is a large 2 car garage with laundry area and a 10×6′ storage room. There are 2 compressors, one 3.5 ton unit replaced in 2019 and a 1.5 ton unit replaced in 2018. The water heater was new in 2018 and has a warranty until Nov. 6, 2024. The shingle roof was new in 2018. This house is being sold as a Turnkey property. So whether you are looking for a home for your family, need an apartment for your in-laws or to rent out, or you are looking for an income producing property this is the house for you!