Price Reduction - Seller Financing
Address
1227 Sunset Point ROAD, CLEARWATER, FL
Price
$ 335,000
Property Attributes
- MLS#T3472473
- TypeSingle Family
- CountyPINELLAS
- CityCLEARWATER
- AreaClearwater
- NeighborhoodHarbor Vista
- Zip33755
- StyleSingle Family Residence
- Year Built1940
- Taxes$ 2055
- Price$ 335,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1750
- Lot Size6,098 SqFt
Data Source:
Stellar MLS
Property Description
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.
| Price History | |
|---|---|
| 9/19/2023 | Listed $420,000 |
| 9/25/2023 | 3% - $410,000 |
| 10/4/2023 | 2% - $405,000 |
| 11/1/2023 | 2% - $399,000 |
| 11/27/2023 | 1% - $397,000 |
| 11/29/2023 | 8% - $367,000 |
| 4/1/2024 | 2% - $360,000 |
| 4/4/2024 | 5% - $345,000 |
| 4/29/2024 | 3% - $335,000 |
General Features
| Interior Features | Ceiling Fan(s),Eating Space In Kitchen |
|---|---|
| Sewer | Septic Tank |
| Heating | Central |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Connected,Electricity Connected,Public,Water Connected |
| Roof | Shingle |
| Appliances | Range,Refrigerator |
| Exterior Features | Other |
| Zoning | R-4 |
| Construction Materials | Stucco,Wood Frame |
| Year Built | 1940 |
| Levels | One |
| Property SubType | Single Family Residence |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| County | Pinellas |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | HARBOR VISTA |
| Facing Direction | West |
| Garage Y/N | No |
| Total Rooms | 4 |
| Status | Active |
| Directions | 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. |
| City | CLEARWATER |
| Buyer Agent Compensation | 2.5% |
| Senior Community Y/N | No |
| MLS Area | 33755 - Clearwater |
| Lot Size Square Feet | 5972 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Sunset Point |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 2055.73 |
| Public Remarks | 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 |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3472473 |
| Days on Market | 197 |
| Standard Status | Active |
| Tax Lot | 5 |
| Legal Description | HARBOR VISTA BLK B,LOT 5 |
| Minimum Lease | 1-2 Years |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Flooring | Laminate,Tile |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Street Suffix | ROAD |
| Total Bedrooms | 5 |
| LivingAreaSource | Public Records |
| Total Baths | 3 |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 5972 |
| Foundation Details | Slab |
| Building Area Total | 2195 |
| Lot Dimensions | 50 x 120 |
| Lot Size Acres | 0.14 |
| Road Surface Type | Other |
| Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33755
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 15, 2024 2:41 PM UTC
