Asking Price
$ 595,000Status
Active1344 Springdale STREET
CLEARWATER, FL,33755, PINE BROOK HIGHLANDS
Overview
4 Bedrooms
2 Bathrooms
Garage
1,689 sqft
Year Built: 1954
School Nearby
Description
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 Clearwater 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!!!
Features
Status: Active
Beds: 4
Baths: 2
Square Footage: 1,689 Sq. Ft
HOA Fee: -
Property Type: Single Family Residence
MLS Number: O6268378
Days on Market: 1
Year Built: 1954
Lot Size: 75 x 116
County: Pinellas
Taxes: $6,284.00
Address
1344 Springdale STREET , CLEARWATER ,FL
Listing provided by: TMG TERRA MIA GLOBAL REALTY LL, 407-408-2999
Asking Price
$595,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 01/11/2025 09:24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.