1227 Sunset Point Rd, Clearwater, FL 33755
$365,000
Reduced By $55,000
last change 5/30/2024
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Home 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 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 56/100 occupancy.
No HOA/CDD. Feel free to soft pitch purchase agreements to listing agent before writing anything up. No assignable contracts accepted. Seller financing possible with a very large downpayment.
- Interior Features: Ceiling Fans(s),Eat-in Kitchen
- Appliances: Range,Refrigerator
- Floor Covering: Laminate,Tile
- Exterior Features: Other
- Exterior Contruction: Stucco,Wood Frame
- Foundation: Slab
- Front Exposure: West
- Roof: Shingle
- Building Sqft: 2195
Available now at $365,000
Approximate Room Sizes / Descriptions
| Living Room | 15x12 | First | |
| Kitchen | 10x10 | First | |
| Primary Bedroom | 12x13 | First | |
| Bedroom 1 | 11x12 | First | |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central
- Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Public,Water Connected
- Lot Sqft: 5972.00
- Lot Dim: 50x120
- Lot Acres: 0.1400
- Total Acre: 0 to less than 1/4
- Lot Num: 5
- Style: Single Family Residence
Neighborhood
The average asking price of a 5 bedroom Clearwater home in this zip code is
$609,500 (67.0% more than this home).
This home is priced at $209/sqft,
which is 27.4% less than similar homes
in the 33755 zip code.
Potential Great Value
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Similar Properties For Sale
Financial
- Approx Payment:$1,776*
- Taxes:$2,056
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(407) 252-3959 and speak with one of our real estate consultants.
Popular Homes
$2,060,988
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16
0.0%
50.0%
69
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96
$825,991
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11
0.0%
63.6%
74
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35
5.7%
25.7%
63
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9
0.0%
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53
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121
0.0%
57.0%
70
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37
0.0%
45.9%
82
$4,733,300
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3
0.0%
33.3%
120
$576,313
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243
0.8%
50.2%
79
$401,633
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579
2.4%
55.3%
89
$726,529
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221
0.9%
54.8%
82
$264,578
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281
3.2%
50.2%
72
$714,770
$619,000
55
1.8%
52.7%
92
$791,751
$557,000
191
1.0%
53.4%
112
Listing Courtesy of RICHARD PETERS REALTY LLC.
For information or to schedule a viewing of this property (MLS# T3472473), call: 407-252-3959
1227 Sunset Point Rd, Clearwater FL is a single family home of 1750 sqft and
is currently priced at $365,000
.
This single family home has 5 bedrooms.
A comparable home for sale at 1838 Sylvan Dr in Clearwater is listed at $299,900.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Clearwater, FL.
Betty Lane Heights, Avondale and Pine Brook are nearby neighborhoods.
MLS T3472473 has been posted on this site since 9/19/2023 (today).