#TB8313303, Valeria Aliaga, Listing Office: NETWORTH REALTY OF TAMPA, LLC
1227 Sunset Point Rd Clearwater, FL 33755
Property details
About 1227 Sunset Point Rd
*Only accepting offers that close after 1 Jan 2025* Rare investor special in the coveted Brentwood Estates! Two standalone properties for the price of one. The landlord’s early retirement offers you the unique chance to snatch up this currently income producing asset with an as-is cap rate of 8.9! Rent them both or live in one and rent the other for truly passive income. Rent both move in ready units out as a duplex, or live in the cozy 3-bedroom, 2-full bathroom, plus den main home and rent out the separate 2/1 detached back home for endless passive income. Both properties have been professionally maintained, with service records available. Currently zoned for multi-family. Both units occupied month to month. Easy to show. Cons: Roof 23 years old, AC & WH age unknown, but functioning normally. Investor notes: Flip potential: $585k ARV, with new roof, modernized kitchens and open floor plan. Estimated 60-90k in upgrades. Current LTR rental gross: 2900 /mo. Market rent without rehab estimate: $3,600 /mo, with only light nearby competition. STR estimate both units combined: $53.4k yrly gross, at 262 /night (discounted for 31 day plus rental mins), with only 56/100 occupancy. No HOA/CDD. Feel free to soft pitch purchase agreements to listing agent before writing anything up. No assignable contracts accepted. Seller financing possible with a very large downpayment.
Highlights
Virtual tour
Summary
- MLS Number: T3472473
- MLS Name: MFRMLS
- Office Name: RICHARD PETERS REALTY LLC
- Listing Agent: Richard Peters
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Last updated on: 3/9/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$395,000
1227 Sunset Point Rd
$4,691
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 01, 2017 | Home Sold | $104,000 |
Feb 23, 2017 | Home Sold | $89,900 |
Mar 03, 2016 | Home Sold | $45,000 |
Mar 03, 2016 | Home Sold | $55,000 |
Dec 22, 1999 | Home Sold | $23,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $183,229 | $2,678 |
2022 | $126,941 | $2,249 |
2021 | $97,433 | $2,249 |
2020 | $116,195 | $2,055 |
2019 | $103,942 | $2,264 |
2018 | $95,266 | $2,124 |
2017 | $75,556 | $1,737 |
History based on county public records data.
Nearby schools
5
Sandy Lane Elementary
Public District PK-5
0.4 mi
•1360 Sandy Ln
8
Kings Highway Elementary Magnet School
Public Magnet PK-5
0.6 mi
•1715 Kings Hwy
4
Dunedin Elementary
Public District PK-5
0.8 mi
•900 Union St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,612. The most common annual income of people living in Clearwater, FL is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
Living in Clearwater, FL
About 1227 Sunset Point Rd
This home is located at 1227 Sunset Point Rd in Clearwater, FL and zip code 33755. This 1,750 square foot home, which was built in 1940, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $395,000.
In February 2025, from all listings sold in Clearwater, FL there were more than 11 sold above asking price, over 158 sold below and more than 24 were sold right at the asked price. The inventory of homes for sale in Clearwater, FL between January and February 2025 increased by 10.6%. Listings spent 81 days on the market in February 2025, and had a median list price of $360,346 during the same period.