tomo logo

$1,600,000

Beds
3
Baths
2.0
sq ft
1,440

1012 Mandalay Ave, Clearwater Beach, FL 33767

1012 Mandalay Ave

CLEARWATER, FL 33767

  • 175 days on market
LEGAL SHORT TERM RENTAL HOME on north Clearwater beach. This is one of only 39 homes on north Clearwater beach that can be rented weekly. All other homes have to rent monthly or yearly. Great income producer. Stay when you want some beach time, give your friends a weekend then rent the weeks you're away. Full service property management available. Newly painted and landscaped, roof 2023, pool screened 2024, newer refrigerator, dryer, stove, dishwasher, back fence, stucco... this 3 bedroom, 2 bathroom, 2 car garage home is ready to go and located on the beach everyone wants to vacation on. These weekly rentals do not come up for sale often.

Details

Property type

Single Family Residence

Est. home value

$1,464,967

Lot size

6,839 sq ft

Price per sq ft

$1,112

Year built

1973

Annual property taxes

$14,370.77

Price History

07/29/2024
StellarMLS

StellarMLS #U8235186

Listed
$1,600,000
07/23/2024
StellarMLS

StellarMLS #U8235186

Removed
$1,600,000
03/29/2024
StellarMLS

StellarMLS #U8235186

Listed
$1,600,000

Schools & Community

Neighborhood: 

Clearwater Beach Association

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$872,409
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$599,591
Cash to seller
$872,409

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$644,000

Est. remaining balance

$599,591

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Scott Robert Kurtis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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804 Bruce Ave, Clearwater Beach, FL 33767

Status: Active

Tomo last checked: 09/19/2024 at 8:55 PM

Listing updated: 09/06/2024 at 1:50 PM

Listed by: Salvatore Belloise, III, BELLOISE REALTY Phone #: (727) 449-2700

MLS: StellarMLS #U8235186

StellarMLS logo

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