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End-Unit Townhome in Gated Community

3445 FOX HUNT DRIVE Palm Harbor, FL 34683

3445 FOX HUNT DRIVE, Palm Harbor, FL, 34683
$360,000
Pending
For Sale
$360,000
Pending

Well-kept 3 bed, 2.5 bath townhome with many upgrades.

Property Size1,602 SF
Lot Size0.03 Acres
Days on Market579

Property Features for 3445 FOX HUNT DRIVE

General Information

Standard status
Pending
Size
1,602 SF
Lot size
0.03 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
1999
Listing agency INSPIRED REALTY, LLC
Listed by Nicholas Shoemaker · License #3525813
Source Exitrealty
Added: Dec 19, 2024 Updated: Jul 6 at 12:05PM Checked: Jul 21 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INSPIRED REALTY, LLC


Investment Insights

Based on property information with market context.

This end-unit townhome is located in the gated community of Ashley Downs, which contains fewer than 70 units. The 1602-square-foot residence features 3 bedrooms, 2.5 bathrooms, and a 2-car garage. The home includes ceiling storage in the garage, a new water softener and reverse osmosis system, new windows and sliders from 2021, and an AC unit from 2020. A newer LG fridge and new interior paint have been added, and the roof was completed in 2018. The first floor features a living room, dining room, kitchen, half bathroom, and screened-in lanai. All three bedrooms and two full bathrooms are located on the second floor. The master bedroom includes a private balcony, two walk-in closets, and vaulted ceilings. The gated community offers access to a pool, hot tub, and other common areas for a low HOA fee. The property is centrally located near the Pinellas Trail, Tarpon Springs Sponge docks, Innisbrook Resort, multiple beaches, US-19, shopping, and dining.

Key Highlights

  • Highly desired end‑unit townhome in Ashley Downs, a gated community with less than 70 units.
  • Desirable master suite featuring a private balcony, two walk‑in closets, and vaulted ceilings.
  • Recent upgrades including new windows and sliders (2021), AC (2020), newer LG fridge, new interior paint, and roof (2018).

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.8k $18.00
− Vacancy −$2.0k −$1.28
EGI $26.8k $16.72
− OpEx −$12.1k −$7.52
NOI $14.7k $9.20
1,602 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$210.5K
$184.2K – $245.6K (±1% cap)
NOI $14,734 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$416.7K
$364.6K – $486.1K (±1% cap)
NOI $29,168 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Law Firm Daycare Center Bakery Grocery & Convenience Store HVAC Service Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential income property - Well-kept 3 bed, 2.5 bath townhome with many upgrades.
Where is this residential income property located?
The property is located at 3445 FOX HUNT DRIVE Palm Harbor, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Highly desired end‑unit townhome in Ashley Downs, a gated community with less than 70 units.; Desirable master suite featuring a private balcony, two walk‑in closets, and vaulted ceilings.; Recent upgrades including new windows and sliders (2021), AC (2020), newer LG fridge, new interior paint, and roof (2018).
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