200 S BAYSHORE BLVD new Save Request In-Person Tour Request Virtual Tour
Clearwater,FL 33759
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,451 sqft
Price per Sqft $297
Subdivision Bayedge Terrace
MLS Listing ID TB8353085
Construction Status Fixer
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $6,674
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 125x109
Property Sub-Type Duplex
Property Description
Prime Investment Opportunity! This property is ideally located just 2 minutes from downtown Safety Harbor and across from the Bayshore Pedestrian Trail, walking distance to Nova Southeastern University, 15 minutes from Tampa International Airport, and 20 minutes from the Gulf beaches—offering a major advantage in attracting tenants. The area is highly desirable for both short-term and long-term rentals, making it an excellent location for income generation. The property features a larger unit (1,600 square feet, 3 beds, 2 baths) and a smaller second unit (851 square feet, 2 beds, 1 bath), appealing to a wide variety of tenants. The layout allows for flexible rental strategies, enhancing its potential for steady cash flow. Sitting on a 0.314-acre lot, the property offers ample space for future development or upgrades. The possibility to subdivide the lot into two parcels adds significant value, particularly for investors looking to maximize their returns. While the property was affected by Hurricane Helene and is being sold in "as-is" condition, this presents an opportunity to rebuild, which could significantly increase its value. Hurricane Windows installed in 2020 and have a lifetime warranty transferrable to the next owner. The property has been cleared by the city and FEMA to be refurbished. see the attached FEMA substantial damage letter. The property is located within an AE flood zone. A one-time transfer of the flood policy is available under a "Policy Assumption" (interested buyers should confirm details with their insurance company). Additionally, the potential for subdividing the land could allow for two separate properties, offering even greater future value. This property represents an incredible, near-term opportunity for investors seeking strong rental income with significant future development potential!
Location
State FL
County Pinellas
Community Bayedge Terrace
Zoning MDR
Interior
Interior Features Primary Bedroom Main Floor
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Laundry In Garage
Exterior
Exterior Feature Fence,Sidewalk
Garage Spaces 2.0
Utilities Available Public
Roof Type Shingle
Porch Covered
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Fixer
Schools
Elementary Schools Safety Harbor Elementary-Pn
Middle Schools Safety Harbor Middle-Pn
High Schools Countryside High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Membership Fee Required None
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8353085