Listing ID: T3381142
Price: $375,000
Status: Pending
Address: 201 S Hercules Avenue
City: Clearwater
State: Florida
Postal Code: 33765
Bedrooms: 3
Total Baths: 2
SqFt: 1,368
Acres: 0.180
County: Pinellas
Subdivision: Sky Crest Unit 9
This perfect investment duplex is located in the heart of Clearwater. A prime location for future tenants, long term capital gains, and comes with plenty of parking availability. Both units are close to equal size with one full bed and bath. Hercules has had long term tenants with almost zero vacancy. Tenant rates are currently well under market value. All tenants are on month to month leases. **TENANTS ARE NOT TO BE DISTURBED** If you've been looking for that investment flip and/or long term Capitalization Rate (Cap Rate) investment you've found it. Modified cap rate for current market rent 8.6%. It's current cap rate is 5% even. Remodeling and updated rental amounts could turn this into a long term Cap Rate winner and/or 6 month investment flip. Entertaining CASH OFFERS ONLY and/or INVESTMENT/HARD MONEY LOANS. (unit in the back has a washing machine, unit in the front has no washer/dryer) Contact today for more information!

Primary Features

County: Pinellas
Property Sub Type: Duplex
Property Type: Residential Income
Subdivision: Sky Crest Unit 9
Year Built: 1954


Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: no
Heating Type: Electric
Interior Features: Ninguno
Living Area Meters: 127.09
Living Area Source: Public Records
Living Area Units: Square Feet
Unit Count: 2


Association: no
Country: US
MLS Area Major: 33765 - Clearwater/Sunset Point
Senior Community: no
Township: 29
Waterfront: no


CDD: no
Contract Status: Inspections
Mls Status: Pending
Public Survey Range: 15
Public Survey Section: 13
SDEO: no


Annual Net Income: 16740.00
Current Price: 375000.00
Disclosures: Lead Paint, Seller Property Disclosure
Estimated Annual Market Income: 31200.00
Listing Terms: Cash, Conventional, Other
Ownership: Fee Simple
Special Listing Conditions: None
Tax Annual Amount: 2041
Tax Block: C
Tax Book Number: 30-80
Tax Lot: 9
Tax Year: 2021
Tenant Pays: Electricity, Sewer, Trash Collection, Water


Carport: no
Construction Materials: Block
Exterior Features: Fence, Lighting, Sidewalk
Flood Zone Code: X
Flood Zone Panel: 12103C0109J
Foundation Details: Slab
Garage: no
Lot Size SqFt: 7941
Lot Size Square Meters: 738
New Construction: no
Number Of Units Total: 2
Parking Features: Driveway, Parking Pad
Pool Private: no
Road Surface Type: Asphalt
Roof: Built-Up
Sewer: Public Sewer
Total Acreage: 0 to less than 1/4
Total Number of Buildings: 1
Utilities: Cable Connected, Public, Sewer Connected, Water Connected
Water Access: no
Water Extras: no
Water Source: Public
Water View: no

Zoning Info

Listing information courtesy of New Acre Realty.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Wednesday, August 10th, 2022 at 10:38:35 PM.

Contact - Listing ID T3381142

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Jon Smith

100 Beach Dr NE, Suite 101
St Petersburg, FL 33701
Phone: 415-200-8584

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