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This rare offering WILL NOT LAST LONG. Gulf front, income producing unit with NO RENTAL RESTRICTIONS. Enjoy paradise on Belleair Beach, where you can relax in comfort and at the same time make an excellent passive income. Enjoy your days in the sun and your evenings on your Gulf front balcony enjoying sunsets at the Beach! Enjoy cooking out on the barbecue grills or strolling the beach. Close to Sand Key Plaza. Short drive to airports. The offering is a turnkey one bedroom/one bathroom updated Gulf-front condo. The floor plan is open with a bedroom that boasts a comfortable queen-sized bed with full length mirror and two nightstands. Porcelain tile flooring, white quartz countertops, glass cooktop burner, and new white appliances complete the eat-in kitchen. The condo is 35 ft from the heated pool, which also faces the Gulf of Mexico. The unit is located on the bottom floor near the elevator and ramp for easy access to parking. Currently used as a vacation rental, the unit generated over $30,000 net yearly averaged over the past 2 years at a 6.6% cap rate. We are expecting to see a substantial increase in revenue for 2021 and beyond, as the pandemic resolves. Rental income available upon request. The building is currently undergoing deferred improvements that have already been priced into the HOA fees. The condo comes fully furnished, and the current owners are willing to provide the new owner with all existing bookings and a 2 week consultation service at no charge.
DAYS ON MARKET | 28 | LAST UPDATED | 10/27/2021 |
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TRACT | CARRIAGE HOUSE BEACH RESORT CONDO | YEAR BUILT | 1984 |
COMMUNITY | 33786 - Belleair Bch/Shores/Indian Rocks Bch | COUNTY | Pinellas |
STATUS | Sold | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AMENITIES | Pool, Waterfront |
APPLIANCES | Cooktop, Microwave, Refrigerator |
AREA | 33786 - Belleair Bch/Shores/Indian Rocks Bch |
CONSTRUCTION | Block, Stucco |
EXTERIOR | Outdoor Grill |
GARAGE | Covered, Open |
HEAT | Central, Electric |
HOA DUES | Condo: 611 |
INTERIOR | Ceiling Fans(s) |
LOT | 5388 sq ft |
LOT DESCRIPTION | View - Water, WaterFront - Gulf/Ocean |
POOL DESCRIPTION | Heated,In Ground |
STORIES | 1 |
STYLE | Condominium |
SUBDIVISION | CARRIAGE HOUSE BEACH RESORT CONDO |
TAXES | $3852.94 |
UTILITIES | Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Gulf/Ocean - Partial |
WATER ACCESS | Gulf/Ocean |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Gulf/Ocean |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Michelle Chenault, COLDWELL BANKER RESIDENTIAL
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/17/24 7:43 PM PDT.
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