$443,000
$450,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
460 SqFt
SOLD DATE : 05/21/2021
Key Details
Sold Price $443,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 460 sqft
Price per Sqft $963
Subdivision Carriage House Beach Resort Condo
MLS Listing ID U8120676
Sold Date 05/21/21
Bedrooms 1
Full Baths 1
Condo Fees $611
Construction Status Inspections
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,852
Lot Size 5,227 Sqft
Acres 0.12
Property Description
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.
Location
State FL
County Pinellas
Community Carriage House Beach Resort Condo
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Tile
Fireplace false
Appliance Cooktop, Microwave, Refrigerator
Exterior
Exterior Feature Outdoor Grill
Garage Covered, Open
Pool Heated, In Ground
Community Features Pool, Waterfront
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Amenities Available Pool
Waterfront true
Waterfront Description Gulf/Ocean
View Y/N 1
Water Access 1
Water Access Desc Gulf/Ocean
View Water
Roof Type Built-Up
Parking Type Covered, Open
Garage false
Private Pool No
Building
Story 3
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
HOA Fee Include Cable TV,Pool,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Pool,Sewer,Trash,Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $611
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Num of Pet 1
Special Listing Condition None
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