$629,900
$629,900
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4 Beds
3 Baths
2,468 SqFt
SOLD DATE : 04/05/2023
Key Details
Sold Price $629,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,468 sqft
Price per Sqft $255
Subdivision Harbor Lake Estates
MLS Listing ID U8189733
Sold Date 04/05/23
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1965
Annual Tax Amount $3,923
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 147x100
Property Description
LARGE COASTAL DUPLEX NEAR THE COAST IN PINELLAS COUNTY, FL. (ZIP-33770). THIS GREAT INVESTMENT OPPORTUNITY IS STRATEGICALLY TO THE SOUTH OF WEST BAY DR AND TO BELLEAIR CSWY (TO THE BEACH) TO THE NORTH AND JUST TO THE NORTH OF WALSINGHAM RD AND THE "I. R." BRIDGE (TO THE BEACH) TO THE SOUTH. CLOSE TO THE INTRACOSTAL WATERS BUT "NOT" IN A FLOOD ZONE! PUBLIC BOAT RAMPS AND WATER ACCESS AT NEARBY CSWY. BE THE "3RD" OWNER OF THIS EXTRAORDINARILY LARGE DUPLEX ON AN EVEN LARGER LOT. LARGE BACKYARDS, LARGE SIDE YARD (WEST) FOR BOAT OR RV STORAGE. RV OUTLET (50 AMPS) INSTALLED ON THE WEST EXTERIOR WALL. THIS PROPERTY HAS ALWAYS BEEN A"HOMESTEAD," THUS, MAINTAINING LOWER TAXES, AND IDEAL FOR THE NEXT OWNER/OCCUPANT TO "LIVE IN" AND APPLY "PORTABILITY" ON 54% OF "THE PROPERTY. " LARGE, BEAUTIFUL UNITS, GREAT TENANT, AND UPSIDE! RARELY A DUPLEX W/ THIS SIZE LOT. CBS CONSTRUCTION, GOOD ROOF, LARGE ENCLOSED GARAGE (2) FOR EACH UNIT. GARAGE (AUTO-OVERHEAD DOORS) LOCATIONS ARE "CENTRAL" AND PROVIDE NOISE REDUCTION AND PRIVACY. EACH UNIT HAS A FRONT PORCH AND A BACK PORCH. WASHER AND DRYER CONVEY IN 3434 UNIT, AND TENANT OWNS THEIR WASHER AND DRYER. OWNER/3434 UNIT INCLUDES ABOVE-GROUND POOL AND SPA (SEE PHOTOS). FINANCIAL ANALYSIS: OWNER OCCUPANCY W/ "HOMESTEAD" AND MKT RENT POST SALE: $57,600 GROSS, - V&C ($1,440) = EGI ($56,160) LESS OE ($14,925) = NOI ($41,235) = 6.56% CAP RATE. AS 100% LEASED AT MKT RENT: $57,600 GROSS, - V&C ($1,440) = EGI ($56,160) LESS OE ($16,159) = NOI ($40,001) = 6.36% CAP RATE. THIS IS A WINNER FOR THE 100% INVESTOR OR OWNER OCCUPANCY AND LOWER TAXES VIA HOMESTEAD AND PORTABILITY ON A PORTION OF THE PROPERTY.
Location
State FL
County Pinellas
Community Harbor Lake Estates
Rooms
Other Rooms Attic, Den/Library/Office, Family Room
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Thermostat, Window Treatments
Heating Central
Cooling Central Air
Flooring Linoleum, Terrazzo, Tile
Fireplaces Type Decorative, Electric, Non Wood Burning, Other
Fireplace true
Appliance Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry In Garage
Exterior
Exterior Feature Fence, Outdoor Grill
Garage Driveway, Garage Door Opener, Ground Level, Off Street, Oversized, Workshop in Garage
Garage Spaces 2.0
Pool Above Ground, Heated
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected
Waterfront false
Roof Type Shingle
Parking Type Driveway, Garage Door Opener, Ground Level, Off Street, Oversized, Workshop in Garage
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description Landscaped, Level, Near Marina, Near Public Transit, Oversized Lot, Private, Sloped, Paved
Foundation Block, Concrete Perimeter, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Concrete
New Construction false
Schools
Elementary Schools Anona Elementary-Pn
Middle Schools Largo Middle-Pn
High Schools Largo High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
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