Welcome to Villas of Clearwater Beach! This investment opportunity features a recently FULLY renovated condo that is merely a few steps away from the pristine Clearwater Beach! This profitable SHORT-TERM rental makes OVER 10% GOI at only 64% occupancy (the seller was renovating and occupied the unit)... Imagine what the income would be if it was at the yearly average of 80% occupancy!! Comparable rental units in the building generate well over $100, 000! Enjoy the privilege of existing future reservations. The condominium offers TWO bedrooms and TWO bathrooms, complemented by a balcony that not only provides a partial view of the beach but also ensures a delightful experience for both personal enjoyment and as a lucrative investment. The property comes FULLY furnished, equipped with a washer, and a dryer, accommodating 6-8 guests comfortably with a minimum rental period of SEVEN days! Conveniently, parking is available beneath the building, with ample space for guests. Additionally, there's a storage space near the parking for beach essentials like chairs and umbrellas. Guests can also enjoy the heated swimming pool and a grilling area, perfect for some relaxation. The building has been meticulously maintained, with a metal roof replacement in 2014, and updates including new balcony railings and fresh exterior paint in 2021, enhancing its appeal and value! DO NOT MISS OUT ON THIS 5-STAR INVESTMENT CONDO!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12 x 10
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 5
- Living Room Dimensions: 16 x 10
- Living Room Level: First
- Extra Room-1 Description: Inside Utility
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 2 Dimensions: 10 x 10
- Bathroom 2 Level: First
Interior Features
- Ceiling Fans(s)
- Vaulted Ceiling(s)
- Furnished Description: Furnished
- Flooring: Tile
Appliances
- Dishwasher
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: In Kitchen, Inside
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Dining Room Dimensions: 11 x 8
- Dining Room Level: First
- Kitchen Dimensions: 12 x 4
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: GULF OF MEXICO
- Water Features: Beach, Gulf/Ocean, Gulf/Ocean to Bay
- Beach Front
- Gulf/Ocean
- Gulf/Ocean to Bay
Exterior and Lot Features
- Balcony
- Outdoor Grill
- Sliding Doors
- Storage
- Fencing: Fenced
- Road Surface Type: Asphalt
Pool and Spa
- Pool Features: In Ground, Lighting, Tile
Garage and Parking
- Carport Spaces: 1
- Parking Features: Covered, Guest, Under Building
Land Info
- Lot Size Acres: 1.43
- Lot Size Square Feet: 62093
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Cable TV, Pool, Security
- Association Fee: 4780
- Association Fee Frequency: Quarterly
- Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool, Security, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1593
- Association Name: Condominium Associates
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: Buyer to confirm pet restrictions with management, Pet Size: Medium (36-60 Lbs.), Max Pet Weight: 60, Number Of Pets: 1
School Information
- Elementary School: Plumb Elementary-PN
- High School: Clearwater High-PN
- Middle School: Oak Grove Middle-PN
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
Other Property Info
- 0
- Community Association WaterFeatures
- Annual Tax Amount: 8941
- Source Listing Status: Active
- County: Pinellas
- Directions: Mandalay Ave. to Glendale St.. Make a left into the building.
- Tax Year: 2022
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 33767 - Clearwater/Clearwater Beach
- Property Subtype: condo
- Source Neighborhood: VILLAS OF CLEARWATER BEACH CONDO
- Parcel Number: 05-29-15-94146-002-0060
- Postal Code Plus 4: 1514
- Subdivision: VILLAS OF CLEARWATER BEACH CONDO
- Township: 29
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 950
- Year Built: 1982
- Building Area Source: Public Records
- Building Area Total: 950
- Building Name: VILLAS OF CLEARWATER BEACH
- Construction Materials: Block
- Direction Faces: South
- Foundation Details: Stilt/On Piling
- Levels: One
- Property Age: 42
- Property Condition: Completed
- Roof: Metal
- Levels or Stories: 1
- Building Total Stories: 1
- Architectural Style: Coastal
Utilities
- Sewer: Public Sewer
- Cable Available
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Street Lights
- Water Source: Public
