This pristine home price includes : FULLY FURNISHED 4-bedroom, 2-bathroom single-family home is READY to generate passive INCOME or ENHANCE your investment portfolio. Located less than 5 miles from Clearwater Beach"”this property offers modern amenities and a prime location for both personal enjoyment and rental potential. the #1 rated beach in the U.S. With luxury vinyl plank flooring, high-efficiency double-paned windows, and new doors, the property offers modern comfort in a spacious block construction.
PROPERTY HIGHLIGHTS:
Prime Location: Situated on a quiet street with no HOA fees and outside any flood zones, ensuring low overhead costs.
Open Floor Plan: The split-bedroom layout creates a bright and inviting space, perfect for families or entertaining guests.
Private Oasis: Enjoy a resurfaced heated pool within a fenced backyard, ideal for relaxation or hosting gatherings.
TURNKEY INVESTMENT OPPORTUNITY:
This home has a successful track record as a vacation rental, offering Pro Forma:
Projected Annual Gross Income: $80,000
Net Operating Income (NOI): $64,000
Capitalisation Rate (Cap Rate): ~10.7
Estimated Cash-on-Cash Return: ~20.9
FINANCING EXAMPLE :
Assuming a loan amount of $450,000 with a 6.99 interest rate on a 30-year fixed mortgage:
Principal and Interest Payment: Approximately $2,991/month
This property presents an exceptional opportunity for both personal enjoyment and investment potential in a highly sought-after location.
This property will not last schedule you appointment today!!!
Property Type(s):
Single Family
|
Last Updated
|
1/10/2025
|
Tract
|
PINE BROOK HIGHLANDS
|
|
Year Built
|
1954
|
Community
|
33755 - Clearwater
|
|
County
|
Pinellas
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator |
| AREA |
33755 - Clearwater |
| CONSTRUCTION |
Block |
| EXTERIOR |
Other |
| HEAT |
Electric |
| LOT |
8712 sq ft |
| LOT DIMENSIONS |
75x116 |
| PARKING |
Driveway |
| POOL |
Yes |
| POOL DESCRIPTION |
Heated, In Ground, Private |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Florida |
| SUBDIVISION |
PINE BROOK HIGHLANDS |
| TAXES |
6284.25 |
| UTILITIES |
Electricity Connected, Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Pool |
| WATER |
Public |
Listing provided by Ibrahim Mroue, TMG TERRA MIA GLOBAL REALTY LL
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/10/25 3:38 PM PST.
This IDX solution is (c) Diverse Solutions 2025.
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