Homes for sale - 200 S BAYSHORE BLVD, Clearwater, FL 33759

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Josh Hanoud

josh@joshhanoud.com +1(352) 261-0608

$ 509,000

Est. payment | -/mo

5 Beds

3 Baths

2,451 SqFt

Save Virtual Tour

$ 509,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

2,451 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,451 sqft

Price per Sqft $207

Subdivision Bayedge Terrace

MLS Listing ID TB8353085

Bedrooms 5

Construction Status Fixer

HOA Y/N No

Year Built 1973

Annual Tax Amount $6,674

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 125x109

Property Sub-Type Duplex

Source Stellar MLS

Property 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 beaches—offering 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!

Location

State FL

County Pinellas

Community Bayedge Terrace

Area 33759 - Clearwater

Zoning MDR

Interior

Interior Features Primary Bedroom Main Floor

Heating Central

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace false

Laundry In Garage

Exterior

Exterior Feature Fence, Sidewalk

Garage Spaces 2.0

Utilities Available Public

Roof Type Shingle

Porch Covered

Attached Garage true

Garage true

Private Pool No

Building

Lot Description Corner Lot

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Fixer

Schools

Elementary Schools Safety Harbor Elementary-Pn

Middle Schools Safety Harbor Middle-Pn

High Schools Countryside High-Pn

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Membership Fee Required None

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8353085

Listed by COASTAL PROPERTIES GROUP INTERNATIONAL

“Our experience with Josh's team was excellent. Their professionalism speaks for itself. From the first day we met Josh we knew we were dealing with a professional and knowledgeable person. And this professionalism was evident in the rest of his team, whom we had the pleasure of meeting...”

"Josh makes it easy, and his international network consists of the top agents throughout the world. If you have anything that you need handled regarding "real estate" - Josh should be your first call."

+1(352) 261-0608

josh@joshhanoud.com

8046 Old County Rd 54, Richey, Florida, 34653, United States

200 S BAYSHORE BLVD Clearwater, FL 33759