1227 Sunset Point Road

Clearwater, FL 33755

$335,000
Price
5
Beds
3
Baths
1,750 Sq. Ft.
$191 / Sq. Ft.
1,750
Sq. Ft.
$191
per Sq. Ft.

Description

Rare investor special in the coveted Brentwood Estates! Two standalone properties for the price of one. The landlord’s early retirement offers you the unique chance to snatch up this currently income producing asset with an as-is cap rate of 8.9%! Rent them both or live in one and rent the other for truly passive income. Rent both move in ready units out as a duplex, or live in the cozy 3-bedroom, 2-full bathroom, plus den main home and rent out the separate 2/1 detached back home for endless passive...Rare investor special in the coveted Brentwood Estates! Two standalone properties for the price of one. The landlord’s early retirement offers you the unique chance to snatch up this currently income producing asset with an as-is cap rate of 8.9%! Rent them both or live in one and rent the other for truly passive income. Rent both move in ready units out as a duplex, or live in the cozy 3-bedroom, 2-full bathroom, plus den main home and rent out the separate 2/1 detached back home for endless passive income. Both properties have been professionally maintained, with service records available. Currently zoned for multi-family. Both units occupied month to month. Easy to show. Cons: Roof 23 years old, AC & WH age unknown, but functioning normally. Investor notes:
Flip potential: $585k ARV, with new roof, modernized kitchens and open floor plan. Estimated 60-90k in upgrades. Current LTR rental gross: 2900 /mo. Market rent without rehab estimate: $3,600 /mo, with only light nearby competition. STR estimate both units combined: $53.4k yrly gross, at 262 /night (discounted for 31 day plus rental mins), with only 56% occupancy. No HOA/CDD. Feel free to soft pitch offers to listing agent before writing anything up. No assignable contracts accepted. Seller financing possible with a very large downpayment.
  1. Listed by Richard Peters • RICHARD PETERS REALTY LLC

Property Details for 1227 Sunset Point Road

Subdivision Name
HARBOR VISTA
Township
29
Waterfront
No

Location

Listing Courtesy of RICHARD PETERS REALTY LLC, Richard Peters
Add your commute
LISTING UPDATED: 04/29/2024 09:34 AM

Property Details for 1227 Sunset Point Road

StatusActive
MLS #T3472473
Days on Market201
Taxes$2,056 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.14 AC / 5,972 SF
CountyPinellas County

Location

Listing Courtesy of RICHARD PETERS REALTY LLC, Richard Peters
Add your commute

Building Information for 1227 Sunset Point Road

Stories1Year Built1940Building Size-Lot Size0.14 AC / 5,972 SF

Payment Calculator

$2,000 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,828

Property Taxes

$171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1227 Sunset Point Road

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2195.0
  • Building Area Units: Square Feet
  • Direction Faces: West
  • Directions: From Edgewater State Park: Head south on US-19 ALT S for 200 feet. Turn left onto Sunset Point Rd. Property on right after 0.6 miles.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1227
  • Street Name: SUNSET POINT
  • Street Suffix: ROAD
  • State: FL
  • City: CLEARWATER
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: B
  • Tax Book Number: 18-41
  • Tax Legal Description: HARBOR VISTA BLK B, LOT 5
  • Tax Lot: 5
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 50x120
  • Parcel Number: 03-29-15-36666-002-0050
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: R-4
  • Living Area: 1750
  • Lot Dimensions: 50x120
Property and Assessments
  • Year Built Numeric: 1940
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 03
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood Frame
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 5
  • Bathrooms Full: 3
  • Appliances: Range, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 4.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 10x10
  • Room Length 1: 10.0
  • Room Level 1: First
  • Room Type 1: Kitchen
  • Room Width 1: 10.0
Room 2
  • Room Dimensions 2: 11x12
  • Room Length 2: 12.0
  • Room Level 2: First
  • Room Type 2: Bedroom 1
  • Room Width 2: 11.0
Room 3
  • Room Dimensions 3: 15x12
  • Room Length 3: 12.0
  • Room Level 3: First
  • Room Type 3: Living Room
  • Room Width 3: 15.0
Room 4
  • Room Dimensions 4: 12x13
  • Room Length 4: 13.0
  • Room Level 4: First
  • Room Type 4: Primary Bedroom
  • Room Width 4: 12.0
Rental
Rental Information
  • Currency Monthly Rent Amt: $2,900.00
  • Days Notice To Tenant If Not Ren: 30 days
  • Minimum Lease Period: 0

Property History for 1227 Sunset Point Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1227 Sunset Point Road

Taxable ValueLand-Additions-Total-
Tax Record2023$2,678 ($223 / month)
Home Facts
Beds0Baths2Total Finished SqFt998 SqFtAbove Grade Finished SqFt998 SqFtStories1Lot Size5,972 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1978CountyPINELLASAPN03-29-15-36666-002-0050

Schools near 1227 Sunset Point Road

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Sandy Lane Elementary School
PublicPK to 5

Dunedin Highland Middle School
Public6 to 8

Dunedin High School
Public9 to 12

Kings Highway Elementary Magnet School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1227 Sunset Point Road is a single family home for sale in Clearwater, FL 33755. This property was listed for sale on September 14, 2023 by RICHARD PETERS REALTY LLC, it's currently listed at $335,000. It has been on the market for a total of 201 days and was last sold on February 17, 2017. This listing's school district is Pinellas. Nearby schools include Sandy Lane Elementary School, Dunedin Highland Middle School and Dunedin High School. 1227 Sunset Point Road is a 5-bed, 3-bath, 1,750 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RICHARD PETERS REALTY LLC, Richard Peters

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/29/2024 09:34 AM