$395,000

1227 Sunset Point Rd Clearwater, FL 33755

$4,691
Closing credit¹
5 beds
3 full
1,750 sqft
0.1 acres
$226 / sqft
House

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

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,750 sqft
Lot size0.14 Acres
Year built1940
MLS #T3472473

Virtual tour

Summary

  • MLS Number: T3472473
  • MLS Name: MFRMLS
  • Office Name: RICHARD PETERS REALTY LLC
  • Listing Agent: Richard Peters

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front of home with central AC unit

$395,000

1227 Sunset Point Rd

$4,691

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

66%
<35k
34%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
18%
Single, with Kids
18%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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