1779 SUNSET POINT RD Active

Clearwater,FL 33755

$ 599000

0 Bed

0 Bath

2155 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,155 sqft

Price per Sqft $277

Subdivision Blackshire Estates

MLS Listing ID TB8311387

HOA Y/N No

Originating Board Stellar MLS

Year Built 1973

Annual Tax Amount $5,364

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 80x112

Property Description

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.

Location

State FL

County Pinellas

Community Blackshire Estates

Interior

Interior Features Window Treatments

Heating Central

Cooling Central Air

Fireplace false

Laundry Other

Exterior

Exterior Feature Other,Sliding Doors

Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Electricity Connected,Other,Public,Sewer Available

Waterfront false

Roof Type Shingle

Porch Patio,Screened

Attached Garage false

Garage false

Private Pool No

Building

Entry Level One

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Other

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Sandy Lane Elementary-Pn

Middle Schools Dunedin Highland Middle-Pn

High Schools Dunedin High-Pn

Others

Senior Community No

Ownership Co-op

Acceptable Financing Cash,Conventional,FHA,VA Loan

Membership Fee Required None

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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