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Investment Property » For Sale » Usa » Florida » Stone Ridge    

Stone Ridge


Location

USA
Florida
Sebring

Price

$217,500
to $293,900

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Property ID: 209969












     
 

 Description

   A Private Gated Community
• Clubhouse with event kitchen, cabana baths, billiard room, dance floor, fitness room, and sauna
• Heated swimming pool and spa
• Tennis court
• Horse Shoe Pit
• Walking Paths
• Bocci Ball Court
• Shuffleboard
• Underground utilities
• Lush landscaping and sprinkling

 

New development being built in 3 phases.

There is a total of 188 houses in a range of 9 very desirable models ranging in price between $217,500 and $293,900, being built in 3 phases. The prices will rise 10% to 15% per phase and per year the model prices should increase several times, so investors taking part now will see an increase in value in less than 1 year giving substantial equity increases over a very short time.

The house sizes are 1800 to 2500 square feet. All have covered entry to the foyer/hallway area, large living area, fitted kitchen, 2 or 3 bedrooms and 2 luxury bathrooms. Most models have a lanai - roofed patio - and there are optional extras such as a terrace with a spa or swimming pool. All properties also have a 2 car garage attached.

This project is near a large lake and is in the heart of a very strong development area. Wal-Marts, etc. are all building new locations in and around Sebring, Florida and there is also a large, nationally known NASCAR race track there. Nearby there are two hospitals, the staff of which would be amongst the potential renters for the properties.

Rental of the properties would bring $1,250 to $1,800 per month. Rentals can be arranged for half of one month's rent in advance plus 10% of the rent as monthly charge for managing the rentals.

COMMUNITY FEATURES

• Individual lawn care and sprinkling
• Soil treated for subterranean termites
• Solid concrete wall construction
• Steel reinforced concrete slab foundation and patio
• Textured stucco finish with stone accents
• Decorative trim and banding
• White aluminum frame windows with mullions
• Sliding glass doors with tempered glass
• Brick paver driveways and walkways
• High quality latex paint
• 30 yr fungus resist architectual roof shingles
• Street lights

OUTSIDE OF THE PROPERTY

• High quality latex paint
• Conveniently located hose bibs
• Decorative entry lighting
• Peep sight in steel front entry door
• Overhead garage door
• Professionally landscaped with sprinkler system

ENERGY SAVINGS AND ELECTRICAL FEATURES

• R-30 ceiling insulation over living areas
• R-8 exterior wall insulation
• 150 amp electrical service
• Cable TV outlets in living/great room/bedrooms
• Recessed lighting (per plan)
• Programmable digital thermostat
• Ceiling fan pre-wired outlets, wall switches in living/great room and bedrooms
• Hi speed internet connection and Phone jacks in living/great room, kitchen and bedrooms

THE INVITING KITCHEN

• Wood cabinets
• Durable laminate countertops with 4” backsplash
• Double bowl stainless steel sink
• Refrigerator with icemaker
• Range
• Dishwasher
• Microwave
• Food disposal
• Recessed lighting
• Pantry (per plan)
• Breakfast bar (per plan)

INSIDE THE PROPERTY

• Volume Ceilings in living areas (per plan)
• Knockdown textured finish on ceilings
• Orange peel finish paint on all walls
• Ceramic tile flooring in foyer, kitchen and baths
• Designer quality wall-to-wall flooring
• Raised panel interior doors with lever hardware
• Wood colonial door casings and baseboards
• Ventilated vinyl clad steel closet shelving
• Paneled steel entry door with decorative hardware
• Recessed lights in walk in closets
• Rounded corners
• Decora electrical wall switches
• Screens on all windows and sliding glass doors
• Smoke detectors

LUXURIOUS BATHROOMS

• Decorative wall mirrors
• Raised 36” vanity cabinet in master
• Double sinks in master
• Elongated water closets
• Easy care one-piece showers in 2nd bathroom
• Convenient medicine cabinet
• Linen closets
• Ceramic tile in master bath shower

 
     
     
 

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