1180 GULF BLVD #306 (MLS: TB8389603) For Sale

1180 GULF BLVD #306, (Pinellas), Clearwater Beach Florida 33767

Currently Rented at $5,500.00 / month

Area: -

Property Info

  • MLS TB8389603
  • Unit No 306
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1952
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,910.00

Interior Features

  • Ceiling Fans(s)
  • Elevator
  • Living Room/Dining Room Combo
  • Solid Surface Counters
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$1,400,000.00

Rental Price

$
$5,500.00
  • Cap Rate
  • 1.6%
  • Gross Yield
  • 4.7%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $5,500.00

Cash Flow

Cap Rate1.6 Gross Yield4.7% Annual Rent$66,000.00 Property Taxes$20,716.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $66,000.00 $5,500.00 / mo $330,000.00 $5,500.00 / mo $660,000.00 $5,500.00 / mo
Estimated Expenses $20,716.00 $103,580.00 $207,160.00
Net Cash Flow $45,284.00 $226,420.00 $452,840.00
HOA Fees $22,920.00 $114,600.00 $229,200.00