Homes for sale Pinellas County Clearwater

16 Heilwood Street, Clearwater, FL 33767

16 Heilwood Street
Clearwater, FL 33767
Single Family
Closed
$5,199,500
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$5,199,500
8
beds
8
baths
5,058
sqft
For Details, Contact
Sea Glass Florida Properties
O. 727.231.6689

Description

***CALLING ALL INVESTORS - 10% CAP RATE*** BEACH/OCEAN VIEWS!!! TURN-KEY, 8-UNIT FULLY FURNISHED SHORT TERM RENTALS - JUST 10 STEPS FROM THE WHITE SANDS & CRYSTAL CLEAR WATERS OF CLEARWATER BEACH!!! Welcome to an incredible investment opportunity in the heart of Clearwater Beach. This fully furnished, turn-key, 8-unit short-term rental property boasts breathtaking beach and ocean views. With its prime location, recent renovations, high occupancy rates, and potential revenue, this property is a dream investment for savvy investors. This two-story building houses 8 fully remodeled units, each thoughtfully designed and meticulously furnished. The interiors have been updated with new appliances, quartz counter-tops, luxury vinyl plank flooring, fresh paint, modern showers/tubs, plumbing, and the list goes on. The fully stocked kitchens make it effortless for guests to feel at home during their stay. Additionally, there are storage areas, common area washers and dryers, and an elevated courtyard with a grill and lounge chairs for guests' enjoyment. Strategically located, this property offers guests the convenience of being a stroll away from a variety of restaurants, bars, shops, the marina, and popular tourist spots like Pier 60. Guests can enjoy leisurely walks to nearby beachfront restaurants and the white sands and crystal-clear waters of Clearwater Beach, making their stay truly unforgettable. This property boasts consistently high occupancy rates exceeding 90% since its conversion to short-term rentals. The market demand for upscale accommodations in this desirable location ensures a steady stream of guests seeking a luxurious beachfront getaway. The projected gross revenue for the upcoming year is anticipated to exceed $650,000, further highlighting the incredible revenue potential of this investment. Adding to its appeal, the property is zoned as "T - Tourist," allowing for nightly rentals, maximizing its income-generating potential. This unique zoning enables owners to fully capitalize on the popularity of Clearwater Beach as a top vacation destination. Don't miss out on this remarkable investment opportunity. Whether you are an experienced investor looking to expand your portfolio or a first-time investor seeking a turn-key income property, this beachfront 8-unit short-term rental property is an exceptional choice. Get ready to embark on a lucrative investment journey in Clearwater Beach!


Listed by Ali Soofi, .

Property Highlights

  • Waterfront: Beach Access
  • View: Beach, Water
  • Heating / Cooling: Central
  • Property Type: Single Family, Single Family Residence
  • MLS #: U8223703

General Information

Area 33767 - Clearwater/Clearwater Beach
Property Subtype Residential
Property Type Single Family Residence
Subdivision Clearwater Beach Rev
Taxes $20,587
Utilities Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Room Information

Flooring Ceramic Tile, Tile
Full Baths 8
Laundry Common Area
Total Baths 8
Total Beds 8

Property Features

Appliances Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
Construction Materials Block, Vinyl Siding
Cooling Central Air, Wall/Window Unit(s)
Direction Faces West
Exterior Features Balcony, Courtyard, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Storage
Has View Yes
Heating Central, Electric
Interior Features Built-in Features, Crown Molding, Eat-in Kitchen, Open Floorplan
Interior Square Footage 5,058
Lot Size Acres 0.1
Lot Size Dimension 50x87
Lot Size Square Feet 4,334
Roof Shingle
Rooms 3
Sewer Public Sewer
Stories Two
Water Source Public
$5,199,500
8
beds
8
baths
5,058
sqft
For Details, Contact
Sea Glass Florida Properties
O. 727.231.6689
*Required fields. We promise not to spam you. Seriously
Clearwater Beach
Market Stats
About this Area
Clearwater Beach, Florida
Clearwater Beach
Price Range
$265K-$32.5M
PINELLAS COUNTY GULF COAST BEACHES
Clearwater Beach Embark on a sun-soaked journey to the radiant shores of Clearwater Beach, a dazzling gem along the Gulf of Mexico in Pinellas County, Florida. Known for its powdery white sands, crystal-clear turquoise waters, and an atmosphere...
ABOUT THIS COMMUNITY VIEW 295 LISTINGS
Location
16 Heilwood Street, Clearwater, FL 33767 Driving Directions
Clearwater Beach
Nearby Schools
Listed by Ali Soofi, Realty One Group Advantage.
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For Details, Contact
Sea Glass Florida Properties
O. 727.231.6689
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For Details, Contact
Sea Glass Florida Properties
O. 727.231.6689
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