736 ISLAND WAY #606 (MLS: TB8445443) For Sale

736 ISLAND WAY #606, (Pinellas), Clearwater Beach Florida 33767

Currently Rented at $3,500.00 / month

Area: 1930

Property Info

  • MLS TB8445443
  • Unit No 606
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1930
  • Living Area (sqft) 1930
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$849,500.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 3.9%
  • Gross Yield
  • 4.9%
  • Lease End Date
  • March 07, 2026

  • Rent Amount
  • $3,500.00

Cash Flow

Cap Rate3.9 Gross Yield4.9% Annual Rent$42,000.00 Property Taxes$8,940.65 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $8,940.65 $44,703.25 $89,406.50
Net Cash Flow $33,059.35 $165,296.75 $330,593.50