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Asking Price

$ 595,000

Status

Active

1344 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

$595,000

Status

Active

Similar 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.