Thank you
Richard Peters
RICHARD PETERS REALTY LLC
352-448-9712
Rare investor special in the coveted Brentwood Estates! Two standalone properties for the price of one. The landlord’s early retirement offers you the unique chance to snatch up this currently income producing asset with an as-is cap rate of 8.9%! Rent them both or live in one and rent the other for truly passive income. Rent both move in ready units out as a duplex, or live in the cozy 3-bedroom, 2-full bathroom, plus den main home and rent out the separate 2/1 detached back home for endless passive income. Both properties have been professionally maintained, with service records available. Currently zoned for multi-family. Both units occupied month to month. Easy to show. Cons: Roof 23 years old, AC & WH age unknown, but functioning normally. Investor notes: Flip potential: $585k ARV, with new roof, modernized kitchens and open floor plan. Estimated 60-90k in upgrades. Current LTR rental gross: 2900 /mo. Market rent without rehab estimate: $3,600 /mo, with only light nearby competition. STR estimate both units combined: $53.4k yrly gross, at 262 /night (discounted for 31 day plus rental mins), with only 56% occupancy. No HOA/CDD. Feel free to soft pitch offers to listing agent before writing anything up. No assignable contracts accepted. Seller financing possible with a very large downpayment.
Total Bedroom: 5
Total Baths: 3
Full Baths: 3
Ceiling Fans(s), Eat-in Kitchen
Roof : Shingle
Appliances : Range, Refrigerator
Shingle
Flooring : Laminate, Tile
Construction Materials : Stucco, Wood Frame
Heating: Central
Cooling: Central Air
WaterSource: Public
Year Built: 1940
Other
Construction Materials: Stucco, Wood Frame
Foundation Details: Slab
Lot Dimensions: 50x120
Lot Square Feet: 5972
Lot Acres: 0.14
Lot Size (SqMt): 555
Property Type: Residential
Sub Type: Single Family Residence
Original List Price: $420000
Tax Block: B
Tax Book Number: 18-41
Tax Lot: 5
Tax Legal Description: HARBOR VISTA BLK B, LOT 5
Annual Tax: $2055.73
Tax Year: 2021
Parcel Number: 03-29-15-36666-002-0050
BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Connected
Sewer: Septic Tank
Water Source: Public
Subdivision: HARBOR VISTA
City: CLEARWATER
Direction: From Edgewater State Park: Head south on US-19 ALT S for 200 feet. Turn left onto Sunset Point Rd. Property on right after 0.6 miles.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Apache Trail, Clearwater, FL,33755 | $225,000 | -- | -- | 53,631 | 1.23 Acres |
1799 N Highland Ave #186, Clearwater, FL,33755 | $254,900 | 3 | 3 | 1,179 | -- |
628 Cleveland Street #1.., Clearwater, FL,33755 | $389,000 | 2 | 2 | 1,489 | 0.99 Acre |
1020 Sunset Point Road .., Clearwater, FL,33755 | $2,475,000 | 2 | 3 | 2,270 | -- |
1010 Iroquois Street, Clearwater, FL,33755 | $250,000 | -- | -- | 6,030 | 0.43 Acre |
112 Kenwood Avenue, Clearwater, FL,33755 | $799,000 | -- | -- | 13,782 | 0.32 Acre |
5 N Osceola Avenue #702, Clearwater, FL,33755 | $3,200,000 | 3 | 4 | 2,732 | -- |
200 N Betty Lane #5B, Clearwater, FL,33755 | $125,000 | 1 | 1 | 875 | 1.32 Acres |
1799 N Highland Avenue .., Clearwater, FL,33755 | $187,000 | 2 | 2 | 813 | -- |
1028 Sunset Point Road .., Clearwater, FL,33755 | $2,070,000 | 3 | 3 | 2,782 | 0.01 Acre |
Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 05/05/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 05/05/2024 @ 18:20
MLS: MFRMLS #T3472473
LISTED BY: Richard Peters, RICHARD PETERS REALTY LLC
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.