2900 Gulf Blvd APT 207Belleair BeachFL33786
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Belleair Beach at 2900 Gulf Blvd APT 207, Belleair Beach, FL, 33786 offers a 15.04% rental yield on a $595,000 purchase with $7,459/mo rent. Total monthly income registers $7,459/mo, and a $2,912/mo payment leaves $2,387/mo available for distribution. Annual cash flow reaches $28,639/yr on $195,755 to close, and return on cash invested stands at 34.69% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 185.16% and total cumulative return in cash at $362,462. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,459/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
3,062 sqft lot
$N/A/sqft
$900 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33786, Belleair Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 712 (59.6%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 391 (32.7%) |
| Median Home Value | $979,938 |
| Average Home Value | $1,212,963 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
813
Multi-Family
109
Businesses
8
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Price change | $595,000 |
| 2024-08-12 | Price change | $625,000 |
| 2024-06-29 | Price change | $659,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $7986.09 | 18.53% | $462,647 | 10.00% |
| 2022-08-30 | $6737.35 | 6.16% | $420,588 | 10.00% |
| 2021-08-30 | $6346.14 | 6.61% | $382,353 | 8.85% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1973
- Architectural Style: N/A
- Building Area: 1,485
- Living Area: 1,485 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Laminate, Other, Tile
- Interior Features: Built-in Features, Ceiling Fan(s), Kitchen/Family Room Combo, Walk-In Closet(s)
- Exterior Features: Balcony, Sliding Doors
- Parking Features: Assigned, Guest
Location
- City: Belleair Beach
- State: FL
- Subdivision: Sereno Del Sol Condo
- Lot Size: 3,062 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $900 monthly
- Association Fee: $900 monthly
- Fees & Dues: N/A
- Association Amenities: Pool
- Association Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
Utilities
- Utilities: Public
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Mildred Helms Elementary-PN
- Middle School: Largo Middle-PN
- High School: Largo High-PN
Listed by: Maryann Spearman • KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8241542
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511