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$885,000

Beds
2
Baths
2.0
sq ft
845

701 S Madison Ave Unit 302, Clearwater, FL 33756

701 S Madison Ave Unit 302

CLEARWATER, FL 33756

  • 83 days on market
Key features: - Number of units: 4 - 8 bedrooms/8 bathrooms - Modern Kitchen: Fully equipped with spacious granite countertops - In-Unit Amenities: Washer and dryer in unit, storage, and a brand-new AC and HVAC - 3,565 sq.feet - Market rent $8,900/mo - Occupancy 96% - Income $100,224 - Expenses $ 38,644 - CAP Rate 6,39% - NOI $56,576 - Newly renovated apartments in 2024 - Community Perks: Swimming pool, free parking, and pet-friendly. - Prime Location, Top-Rated Schools Nearby, Close to Fun and Amenities: 10 minutes to Clearwater Beach, parks and shopping malls. - Safe neighbourhood - Big free parking lot

Details

Property type

Condominium

Est. home value

$169,616

Lot size

532 sq ft

Price per sq ft

$1,048

Year built

1985

Annual property taxes

$2,600

Monthly HOA fee

$469

Price History

11/28/2024
StellarMLS

StellarMLS #A4624638

Price change
$885,000
+343.61%
10/01/2024
StellarMLS

StellarMLS #A4624638

Listed
$199,500
+20.91%
07/01/2022
StellarMLS

StellarMLS #U8129249

Sold
$165,000
+266.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, Park, Pool

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

Aegis Wholesale Corp

Loan start date

December 2006

Original loan amount

$132,480

Est. remaining balance

Not provided

Interest rate

7.62%

Loan type

Commercial, 30 year

Seller

Josee Goudreault

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?

Status: Active

Tomo last checked: 12/23/2024 at 8:40 AM

Listing updated: 11/28/2024 at 6:51 AM

Listed by: Moe Mossa, SAVVY AVENUE, LLC Phone #: (888) 490-1268

MLS: StellarMLS #A4624638

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