Location, location, location! Great investor opportunity for CASH buyer who can close on or around the fist two weeks of November. This has been a long time rental where the tenant is now ready to vacate and the owner is ready for a hassle-free transaction to pass the torch the next investor opportunist. Must own for 1 year prior to renting. Easily collect $900 a month in the "as is" condition for this Clearwater Beach investment. Current rent of $900 has not been raised in four years and is due for an increase. Even higher rent or higher resale (flip) could be expected with doing cosmetic updates. Prime location on Island Estates. Unit overlooks community pool and the Clearwater Aquarium where Winter the Dolphin calls home. HOA and Management are great keeping the HOA fees a low $199 per month and include basic cable, water, trash, sewer, community pool, community docks, exterior maintenance, and pest control. Unit also comes with exterior storage locker that is great storage for your lawn chairs, umbrella, and cooler for your walks to the beach. That makes the math pretty simple on this investment. Property is being offered below market or comparision property value in its "AS IS" condition. HOA requires a minimum rental period of 3 months. Listing agent is owner of unit.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
