1227 Sunset Point Road, CLEARWATER, FL 33755
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Priced at Only: $365,000
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Address: 1227 Sunset Point Road, CLEARWATER, FL 33755
Property Location and Similar Properties
- MLS#: T3472473 ( Residential )
- Street Address: 1227 Sunset Point Road
- Viewed: 3
- Price: $365,000
- Price sqft: $166
- Waterfront: No
- Year Built: 1940
- Bldg sqft: 2195
- Bedrooms: 5
- Total Baths: 3
- Full Baths: 3
- Days On Market: 369
- Additional Information
- Geolocation: 27.9898 / -82.7861
- County: PINELLAS
- City: CLEARWATER
- Zipcode: 33755
- Subdivision: Harbor Vista
- Provided by: RICHARD PETERS REALTY LLC
- Contact: Richard Peters
- 352-448-9712
- DMCA Notice
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Description*Only accepting offers that close after 1 Jan 2025* Rare investor special in the coveted Brentwood Estates! Two standalone properties for the price of one. The landlords 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.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Other
- Flooring: Laminate, Tile
- Living Area: 1750.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Septic Tank
- Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2021
Other Features
- Appliances: Range, Refrigerator
- Country: US
- Interior Features: Ceiling Fans(s), Eat-in Kitchen
- Legal Description: HARBOR VISTA BLK B, LOT 5
- Levels: One
- Area Major: 33755 - Clearwater
- Occupant Type: Tenant
- Parcel Number: 03-29-15-36666-002-0050
- Possession: Negotiable
- Zoning Code: R-4
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- Barbara Kleffel, REALTOR ®
- Southern Realty Ent. Inc.
- Office: 407.869.0033
- Mobile: 407.808.7117
- barb.sellsorlando@yahoo.com