2900 GULF TO BAY BLVD #127 (MLS: W7873281) For Sale

2900 GULF TO BAY BLVD #127, (Pinellas), Clearwater Florida 33759

Currently Rented at $1,500.00 / month

Area: 2160

Property Info

  • MLS W7873281
  • Unit No 127
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 2160
  • Living Area (sqft) 1200
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $220.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Thermostat

Buy Price

$
$120,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 11.9%
  • Gross Yield
  • 15%
  • Lease End Date
  • March 15, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate11.9 Gross Yield15% Annual Rent$18,000.00 Property Taxes$1,036.19 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,036.19 $5,180.95 $10,361.90
Net Cash Flow $16,963.81 $84,819.05 $169,638.10
HOA Fees $2,640.00 $13,200.00 $26,400.00