Listing Courtesy of: Ibrahim Mroue - TMG TERRA MIA GLOBAL REALTY LL
407-408-2999
$554,900
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1344 Springdale Street Clearwater, FL 33755
Single Family
Residence
4
Beds
2
Baths
...
Bed/Bath
1,689
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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PRICE JUST DROPPED BY $45K! MOTIVATED SELLER!!! Don’t miss out on this aggressively priced, This pristine home price includes : FULLY FURNISHED 4-bedroom, 2-bathroom single-family home is READY to generate passive INCOME or ENHANCE your investment portfolio. Located less than 5 miles from Clearwate...r Beach—this property offers modern amenities and a prime location for both personal enjoyment and rental potential. the #1 rated beach in the U.S. With luxury vinyl plank flooring, high-efficiency double-paned windows, and new doors, the property offers modern comfort in a spacious block construction. PROPERTY HIGHLIGHTS: Prime Location: Situated on a quiet street with no HOA fees and outside any flood zones, ensuring low overhead costs. Open Floor Plan: The split-bedroom layout creates a bright and inviting space, perfect for families or entertaining guests. Private Oasis: Enjoy a resurfaced heated pool within a fenced backyard, ideal for relaxation or hosting gatherings. TURNKEY INVESTMENT OPPORTUNITY: This home has a successful track record as a vacation rental, offering Pro Forma: Projected Annual Gross Income: $80,000 Net Operating Income (NOI): $64,000 Capitalisation Rate (Cap Rate): ~10.7 Estimated Cash-on-Cash Return: ~20.9 FINANCING EXAMPLE : Assuming a loan amount of $450,000 with a 6.99 interest rate on a 30-year fixed mortgage: Principal and Interest Payment: Approximately $2,991/month This property presents an exceptional opportunity for both personal enjoyment and investment potential in a highly sought-after location. This property will not last schedule you appointment today!!!
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MLS#
O6268378
Property Type
Single Family
Bedrooms
4
Bathrooms
2 Full
Year Built
1954
Square Feet
1,689
sq. ft
Lot Size
0.2
Stories
1.0
Sewer
Public Sewer
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