Beds5
Baths3
Sq.Ft.1,750
Year1940
Client Concierge
(941) 200-4663
Status:
Active
Property Type:Single Family Home
MLS #:T3472473
Sq. Feet:1,750
On Site:7 Days
Lot Size:5,972 Sq. Ft.
County:Pinellas
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 turnkey, income producing asset with an as-is cap rate of 7.46%! Owner is motivated though and will consider all offers.
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.
Cons: Roof 23 years old, AC & WH age unknown, but functioning normally. Both units occupied until 1 November 2023.
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.
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.
Cons: Roof 23 years old, AC & WH age unknown, but functioning normally. Both units occupied until 1 November 2023.
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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Detailed Maps
About 1227 Sunset Point Rd, FL 33755 - MLS T3472473
In Pinellas county, this property is located at 1227 Sunset Point Rd in the Harbor Vista community of Clearwater, with a current listing price of $410,000. This 1750 square foot house for sale has 5 bedrooms, 3 baths.
For more information about 1227 Sunset Point Rd, see more details below as entered by the listing brokerage, including property taxes, year built, assigned schools, type of construction, exterior and interior features, locations, views, and any community amenities in Harbor Vista .
Call Corcoran Dwellings to find your Clearwater area dream home today! Our local agents are experts in the Clearwater real estate market and are committed to providing outstanding service. To tour MLS T3472473 today, connect with an agent at (844) 212-5834.
Price Change History
| Date | Old Price | New Price | Percent Change |
| 9/25/2023 | $420,000 | $410,000 | -2.4% |
Community Information
Address:1227 Sunset Point Rd, Clearwater, FL 33755
Area:33755 - Clearwater
County:Pinellas
City:Clearwater
Subdivision:Harbor Vista
Zip Code:33755
Architecture
Bedrooms:
5
Bathrooms:
3
Year Built:1940
Stories:1
Construction Materials: Stucco, Wood Frame
Flooring Types: Laminate, Tile
Roof: Shingle
Foundation: Slab
Features / Amenities
Interior Features: Ceiling Fans(s), Eat-in Kitchen
Appliances: Range, Refrigerator
Flooring: Laminate, Tile
Cooling: Central Air
Heating: Central
Air Conditioning: Central Air
Rooms
| Level | Size | |
| Kitchen | First | 10 X 10 |
| Bedroom 1 | First | 11 X 12 |
| Living Room | First | 15 X 12 |
| Master Bedroom | First | 12 X 13 |
Property Features
Lot Size:
0.14 Acres / 5,972 Sq. Ft.
Lot Dimensions:50x120
Waterfront Feet: 0
Lot #: 5
Flood Zone: X
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Connected
Sewer: Septic Tank
Water: Public
Zoning:R-4
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.
Tax and Financial Info
Tax Year: 2021
Tax Annual Amount: $2,055.73
Ownership: Fee Simple
Financing Available: Cash, Conventional
Homestead: No
Total Annual Fees: $0
Approval Process: BUYER TO VERIFY ANY LEASING APPROVAL PROCESSES DIRECTLY WITH THE CITY/COUNTY.
Disclosures: Other Disclosures, Seller Property Disclosure
Realtor Info: As-Is, Currently Leased
Minimum Lease: 1-2 Years
Schools
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1227 Sunset Point Rd Clearwater, FL 33755
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Listing provided courtesy of Charles Rutenberg Realty Inc (866-580-6402).
© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at September 26, 2023 2:45 AM EST.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at September 26, 2023 2:45 AM EST.
