1344 SPRINGDALE ST Clearwater, FL 33755
UPDATED:
01/10/2025 11:51 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,689 sqft
Price per Sqft $352
Subdivision Pine Brook Highlands
MLS Listing ID O6268378
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1954
Annual Tax Amount $6,284
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 75x116
Property Description
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!!!
Location
State FL
County Pinellas
Community Pine Brook Highlands
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air
Flooring Luxury Vinyl
Fireplace false
Appliance Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Laundry Inside, Laundry Room
Exterior
Exterior Feature Other
Parking Features Driveway
Fence Wood
Pool Heated, In Ground
Utilities Available Electricity Connected, Public, Sewer Connected
View Pool
Roof Type Shingle
Porch Front Porch, Patio
Garage false
Private Pool Yes
Building
Story 1
Entry Level One
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Florida
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Private Financing Available
Listing Terms Cash, Conventional, FHA, Private Financing Available
Special Listing Condition None
