1919 Alton Dr

Clearwater, FL 33763
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3 bd, 2 ba | 2,250 sqft | Built in 1961

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List Price
$415,000

$10K

Initial Investment

$113,088

Purchase Price

$415,000

Down Payment

25%

Rent

$2,470

Total Return

$247,195

Annualized Return

24.6%

Cap Rate

4.0%

Gross Yield

7.1%

Cash Flow

-$7,066

Appreciation

11.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,190

HOA

None

Flood Risk

Not Required

AMAZING CENTRAL LOCATION on Dunedin border with Clearwater city services. Updated house with spacious primary suite sanctuary (15 x 30 ft), boasting ensuite bathroom and walk-in closet, plus separate large flex-space/bonus room/home-office/gym with 2 additional large closets. Custom barn doors add a touch of character to suite. Both rooms of suite open onto large lanai (400 sq ft). This block home is filled with inviting natural light with living room also opening onto screened lanai! Primary suite is separated from other bedrooms by main living area, creating desirable split bedroom layout. You'll find additional bedrooms off side hallway with bathroom and hall-closets (linen & coat closets). In addition to large screened lanai extending your living space, fully fenced back yard offers private oasis with open space for BBQs & room for a pool. Side yard has fenced parking area for boat storage. Garage, with garage opener, has laundry/utility area. Move in ready & improved with noteworthy features: New easy to maintain Waterproof Luxury Vinyl Plank Flooring though out house; New Freshly painted exterior & interior; Updated Kitchen & Baths with careful attention to maintaining midcentury charm; New Kitchen Appliances; New sinks/faucets; New Lighting Fixtures/Ceiling fans; New Roof 2021; hot water heater 2019; central HVAC 2013. Renovation completed by local craftsman not flipper crew. No HAO or CDD fees. High and Dry! No flood insurance required. Non-flood & non-evacuation zone. GREEN Features: energy saver appliances, portion of driveway & all of boat parking made with natural materials that allow water to return to aquifer, new low flow toilets, and curbside recycling. House has city sewer & water. All this made even more desirable by ideal location moments from Clearwater Beach, Honeymoon Island (Dunedin Beach) & Caladesi Island State Parks. Quick bike ride to Pinellas Trail and quaint town of Dunedin with walkable Main Street lined with shops, restaurants, breweries, & boutiques as well as Long Center. Short walk to a Charter School & multiple Clearwater parks including Valencia Park and Gladys E. Douglas Preserve.

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

Annual Financial Highlights

Expected Rent

$28,158

Expenses

-$5,012

Property Taxes

-$7,650

Loan Payments

-$22,562

Net Cash Flow

-$7,066

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:Evan Perrett
Agent License 3526363
CENTURY 21 RE CHAMPIONS
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8236271
Last Updated: 04/24/2024 14:04
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