This fully renovated single-family home presents an exceptional investment opportunity, ideal for both primary residency and income generation. Designed to optimize rental income and build equity, this property features 5 bedrooms and 4 bathrooms within 2,155 sqft of living space. Its flexible layout allows for separation into one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath studios, each with its own kitchenette, split A/C unit, and private entrance. With a rental potential of $5,800 per month, this property offers an impressive 9% cap rate and a 12.33% cash-on-cash return with a 20% down payment. Conveniently located near US 19 and close to schools, shopping, and dining, it’s a valuable addition to any investment portfolio. New roof installed in 2023. Buyer to verify dimensions. Contact the listing agent for additional details.
Property Details
Price:
$599,000
MLS #:
TB8311387
Status:
Active
Beds:
0
Baths:
0
Address:
1779 SUNSET POINT ROAD
Type:
Multi Family
Subdivision:
BLACKSHIRE ESTATES
Neighborhood:
33755 – Clearwater
City:
CLEARWATER
Listed Date:
Oct 22, 2024
State:
FL
Finished Sq Ft:
2,230
Total Sq Ft:
2,230
ZIP:
33755
Lot Size:
8,925 sqft / 0.20 acres (approx)
Year Built:
1973
Units:
4
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Elementary School:
Sandy Lane Elementary-PN
Middle School:
Dunedin Highland Middle-PN
High School:
Dunedin High-PN
Interior
Cooling
Central Air
Heating
Central
Laundry Features
Other
Exterior
Construction Materials
Block, Stucco
Exterior Features
Other, Sliding Doors
Roof
Shingle
Financial
Tax Year
2023
Taxes
$5,365
Map
Community
- Address1779 SUNSET POINT ROAD CLEARWATER FL
- SubdivisionBLACKSHIRE ESTATES
- CityCLEARWATER
- CountyPinellas
- Zip Code33755
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Courtesy of BHHS FLORIDA PROPERTIES GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1779 SUNSET POINT ROAD
CLEARWATER, FL
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