450 S Gulfview Blvd APT 706, Clearwater, FL, 33767 | $1,856/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in Clearwater at 450 S Gulfview Blvd APT 706, Clearwater, FL, 33767 uses $195,426 cash to close to unlock $22,277/yr annual cash flow and $1,856/mo monthly cash flow. Total monthly income runs $7,532/mo, and a $2,907/mo payment keeps the spread at $1,856/mo. Purchase price stands at $594,000, and rental yield measures 15.22% with $7,532/mo rent. Return on cash invested shows 31.46% in year one, and 5% annual appreciation builds toward $164,111 over five years. Five-year ROI reaches 169.21% and total cumulative return in cash records $330,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,532/mo property income covering a $2,907/mo payment rather than investor’s personal income.

Condo

Built in 1975

4.89 Acres lot

$N/A/sqft

$1,734 monthly HOA

More details about the property

Welcome to Paradise!!! Experience the pinnacle of coastal living in this exquisite condo boasting breathtaking views of the Gulf of Mexico from every window. This corner unit guarantees peace and quiet while having the best scenery on the beach. As you enter the condo, there is an oversized dining and living area that leads to your private waterfront balcony, perfect for watching the manatees and dolphin play. The kitchen is light and bright and has plenty of cabinet and countertop space. Enjoy the split floor plan with a huge primary suite that comes with a separate vanity, washer and dryer, large closet and endless views. The guest suite has enough room for a king size bed and again, the best views in town. Imagine watching the sun set over the ocean every evening, a daily reminder that you truly live where others vacation. This unit promises an idyllic lifestyle with a serene atmosphere. Complex Amenities include 24-hour gated security for peace of mind. On-site general manager for exceptional service. Inviting heated pool for year-round enjoyment, Sauna and fitness center to keep you relaxed and fit, Billiards, grills, and shuffleboard for endless entertainment options. Sewer, water, cable, internet and trash are also included in the monthly fee. Don't forget about the assigned covered parking space and extra storage. Dont miss your chance to own this slice of paradise! Schedule your private showing today and step into a life of luxury and leisure.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33767, Clearwater Beach, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)8,688 (100%)
Owner Occupied HU3,972 (45.7%)
Renter Occupied HU814 ( 9.4%)
Vacant Housing Units3,902 (44.9%)
Median Home Value$809,154
Average Home Value$988,255

Address Breakdown

Residential

7,614

Single Family

1,763

Multi-Family

5,851

Businesses

358

Price History

Date

Event

Price

2024-08-21Price change$594,000
2024-07-18Price change$599,900
2024-05-22Listed for sale$650,000

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

2023-08-30$2711.400.11%$187,9603.00%
2022-08-30$2708.54-0.87%$182,4853.00%
2021-08-30$2732.250.52%$177,1701.40%
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NMLS #2625701
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Facts & Features

General Information

  • Type: Condo
  • Year Built: 1975
  • Architectural Style: Traditional
  • Building Area: 1,264
  • Living Area: 1,264 sqft
  • Property Condition: N/A

Features & Amenities

  • Heating: Central
  • Cooling: Central Air
  • Flooring: Carpet, Ceramic Tile
  • Interior Features: Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Exterior Features: Balcony, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Storage
  • Parking Features: Carport

Location

  • City: Clearwater
  • State: FL
  • Subdivision: 440 West Condo
  • Lot Size: 4.89 Acres
  • Lot Features: N/A
  • View: Water, Beach, Gulf/Ocean - Full

HOA & Fees

  • HOA Fee: $1,734 monthly
  • Association Fee: $1,734 monthly
  • Fees & Dues: N/A
  • Association Amenities: Fitness Center, Gated
  • Association Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Road Surface Type: Paved

School Information

  • Elementary School: Sandy Lane Elementary-PN
  • Middle School: Dunedin Highland Middle-PN
  • High School: Clearwater High-PN

Listed by: Meredith Johnson • REALTY EXPERTS 

Mls Name: Stellar MLS

Mls Provider:Mls

Mls ID: #U8243740

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

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