1764 El Trinidad Dr E

Clearwater, FL 33759
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3 bd, 2 ba | 1,860 sqft | Built in 1960

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List Price
$420,000

Initial Investment

$114,450

Purchase Price

$420,000

Down Payment

25%

Rent

$2,500

Total Return

$199,020

Annualized Return

21.0%

Cap Rate

4.0%

Gross Yield

7.1%

Cash Flow

-$7,006

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,050

HOA

None

Flood Risk

Not Required

Gorgeous CONCRETE BLOCK home featuring 3 bedrooms, 2 baths with an oversized 1 car garage. Conveniently located in a quaint Clearwater neighborhood with NO HOA, NO Deed Restrictions, NO Flood Insurance Required. NEWER ROOF installed in fall of 2021. NEW Hot Water Heater (2023), updated electric, fully fenced for privacy, irrigation in the front & back. Perfect for pets, play area, families, entertaining plus a large rear screened lanai newly tiled. Recent pavers added to the very spacious backyard which also features a fire pit for relaxing evenings! Luxury vinyl planks in the common areas and primary bedroom. Stainless Steel appliances, Granite & Quartz countertops throughout, newer double paned windows and the front massive picture tinted window allows for great energy efficiency. Spare bedroom has a charming built-in bookshelf. Boasting a mix of two-bathroom styles one classic with tub and a walk-in shower! Washer & dryer included. Zoned for highly rated schools, minutes away from Safety Harbor, and close to the best beaches and islands. This home is as centrally located as it gets! Easy commute to Tampa, St. Pete, Downtown Clearwater, and TIA. Make this home yours today!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$28,500

Expenses

-$5,073

Property Taxes

-$7,600

Loan Payments

-$22,833

Net Cash Flow

-$7,006

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Mike Morris
Agent License 3179404
MORRIS REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3544499
Last Updated: 07/26/2024 13:07
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