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$569,000

Beds
5
Baths
4.0
sq ft
2,155

1779 Sunset Point Rd, Clearwater, FL 33755

1779 Sunset Point Rd

CLEARWATER, FL 33755

  • 9 days on market
SELLER MOTIVATED! HIGH & DRY! 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.

Details

Property type

Single Family Residence

Est. home value

$425,514

Lot size

8,925 sq ft

Price per sq ft

$265

Year built

1973

Annual property taxes

$5,364.63

HOA

No

Price History

11/13/2024
StellarMLS

StellarMLS #TB8311387

Removed
$569,000
11/13/2024
StellarMLS

StellarMLS #TB8320411

Listed
$569,000
11/12/2024
StellarMLS

StellarMLS #TB8311387

Price change
$569,000
-5.01%

Schools & Community

Elementary school: 

Sandy Lane Elementary-PN

Middle school: 

Dunedin Highland Middle-PN

High school: 

Dunedin High-PN

Seller’s Loan History

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

Lender

Boyd Loan Funding I Llc

Loan start date

May 2023

Original loan amount

$303,750

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Building or Construction Loan

Seller

Lesumo Investments Llc

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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Status: Active

Tomo last checked: 11/22/2024 at 5:35 PM

Listing updated: 11/14/2024 at 6:51 AM

Listed by: Jessica Jimenez, BHHS FLORIDA PROPERTIES GROUP Phone #: (813) 908-8788

MLS: StellarMLS #TB8320411

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