tomo logo

$549,000

Beds
4
Baths
3.5
sq ft
1,928

1904 Coles Rd, Clearwater, FL 33755

1904 Coles Rd

CLEARWATER, FL 33755

  • 8 days on market
Welcome to 1904 Coles Rd, where coastal charm meets lucrative opportunity. This beautifully maintained historic property offers a unique blend of seaside allure and financial potential, making it an exceptional investment for both relaxation and income generation. Nestled in a picturesque coastal setting, this home exudes a welcoming ambiance with its classic 1920's Clearwater architecture, including inviting landscape and a palette of serene beach-inspired colors. Inside, you'll find soaring ceilings, light-filled rooms adorned with hardwood floors, and a wood-burning fireplace. The property features multiple living areas, including a stylishly appointed two-bedroom main residence and two separate, fully-equipped guest suites. This flexible layout not only ensures comfort and privacy for all guests but also presents a prime opportunity for short-term vacation rentals or long-term leasing, capitalizing on the area's high demand for coastal accommodations. The expansive outdoor space includes lush gardens, a well-maintained deck, and a private patio perfect for enjoying the gentle sea breeze or hosting al fresco gatherings. A short stroll takes you to Dunedin's restaurants and pubs, shops, and street fairs or a quick 11 minute drive and you are at the pristine Clearwater beach and local attractions, enhancing its appeal to vacationers and tenants alike. With its combination of coastal charm and robust income-producing potential, 1904 Coles Rd offers a rare opportunity to enjoy a tranquil seaside lifestyle while benefiting from a steady revenue stream. Don't miss your chance to own this enchanting property and make your mark in the thriving Clearwater rental market.

Details

Property type

Single Family Residence

Est. home value

$521,437

Lot size

8,564 sq ft

Price per sq ft

$285

Year built

1920

Annual property taxes

$1,197.71

HOA

No

Price History

09/11/2024
StellarMLS

StellarMLS #TB8302296

Listed
$549,000
+2.23%
03/15/2023
StellarMLS

StellarMLS #U8188937

Sold
$537,000
+579.75%
10/15/2010
StellarMLS

StellarMLS #T2419414

Sold
$79,000
-48.37%

Schools & Community

Elementary school: 

Dunedin Elementary-PN

Middle school: 

Dunedin Highland Middle-PN

High school: 

Dunedin High-PN

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

$4,244
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$500,836
Cash to seller
$4,244

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$510,150

Est. remaining balance

$500,836

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Joshua K Lanier and Sheila Coleman

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: 09/18/2024 at 9:20 PM

Listing updated: 09/17/2024 at 10:41 AM

Listed by: Gina Bartel, FLORIDA EXECUTIVE REALTY Phone #: (813) 327-7807

MLS: StellarMLS #TB8302296

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