200 Bayshore Boulevard, CLEARWATER, FL 33759
  • MLS#: TB8353085 ( Residential Income )
  • Street Address: 200 Bayshore Boulevard
  • Viewed: 73
  • Price: $679,000
  • Price sqft: $193
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 3511
  • Garage / Parking Spaces: 2
  • Days On Market: 35
  • Additional Information
  • Geolocation: 27.9628 / -82.7049
  • County: PINELLAS
  • City: CLEARWATER
  • Zipcode: 33759
  • Subdivision: Bayedge Terrace
  • Elementary School: Safety Harbor Elementary PN
  • Middle School: Safety Harbor Middle PN
  • High School: Countryside High PN
  • Provided by: COASTAL PROPERTIES GROUP INTERNATIONAL
  • Contact: Scott Dailey
  • 727-493-1555
  • mfrmls
  • DMCA Notice
  • Description
    Prime Investment Opportunity with a price improvement! This property is ideally located just 2 minutes from downtown Safety Harbor and across from the Bayshore Pedestrian Trail, walking distance to Nova Southeastern University, 15 minutes from Tampa International Airport, and 20 minutes from the Gulf beachesoffering a major advantage in attracting tenants. The area is highly desirable for both short term and long term rentals, making it an excellent location for income generation. The property features a larger unit (1,600 square feet, 3 beds, 2 baths) and a smaller second unit (851 square feet, 2 beds, 1 bath), appealing to a wide variety of tenants. The layout allows for flexible rental strategies, enhancing its potential for steady cash flow. Sitting on a 0.314 acre lot, the property offers ample space for future development or upgrades. The possibility to subdivide the lot into two parcels adds significant value, particularly for investors looking to maximize their returns. While the property was affected by Hurricane Helene and is being sold in "as is" condition, this presents an opportunity to rebuild, which could significantly increase its value. Hurricane Windows installed in 2020 and have a lifetime warranty transferrable to the next owner. The property has been cleared by the city and FEMA to be refurbished. see the attached FEMA substantial damage letter. The property is located within an AE flood zone. A one time transfer of the flood policy is available under a "Policy Assumption" (interested buyers should confirm details with their insurance company). Additionally, the potential for subdividing the land could allow for two separate properties, offering even greater future value. This property represents an incredible, near term opportunity for investors seeking strong rental income with significant future development potential!
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Sidewalk
Flooring
  1. Tile
Furnished
  1. Unfurnished
Garage Spaces
  1. 2.00
Heating
  1. Central
High School
  1. Countryside High-PN
Insurance Expense
  1. 0.00
Interior Features
  1. Primary Bedroom Main Floor
Legal Description
  1. BAYEDGE TERRACE LOT 10
Levels
  1. One
Living Area
  1. 2451.00
Lot Features
  1. Corner Lot
Middle School
  1. Safety Harbor Middle-PN
Area Major
  1. 33759 - Clearwater
Net Operating Income
  1. 0.00
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 16-29-16-03429-000-0100
Possession
  1. Close of Escrow
Property Condition
  1. Fixer
Property Type
  1. Residential Income
Roof
  1. Shingle
School Elementary
  1. Safety Harbor Elementary-PN
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
  2. Trash Collection
  3. Water
Township
  1. 29
Utilities
  1. Public
Views
  1. 73
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8353085
Water Source
  1. Public
Year Built
  1. 1973
Zoning Code
  1. MDR
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