A wonderful condo purchase opportunity where the condo is currently licensed as a Condo Hotel and being rented out daily, weekly, etc. for income purposes. As a condo owner, you can own a condo-hotel room on the world famous Clearwater Beach and jointly share in the annual income (60% owner, 40% management co) with the on-site property management company. All expenses are included in the daily management of the property and owners pay the annual property taxes and the monthly HOA fees. Motel Rooms are rented out year-round but owners can reserve the use of their own property up to 60-days annually, depending upon dates. Pets are not allowed. With 42 condominium units within this community, there are a variety of sizes - efficiencies, 1 bedrooms, and 2 bedrooms . Amenities include a heated pool, shuffleboard, lawn area, and assigned parking. Walking distance to the world famous Clearwater Beach, a wide variety of restaurants, banking, shopping and City hosted special events for all to enjoy! It's a great place to own and share in part of the tourism action!
Off market
Street View
$5,716,900
648 Poinsettia Ave, Clearwater, FL 33767
2beds
1baths
900sqft
Condo
Built in 1960
-- sqft lot
$5,716,900 Zestimate®
$6,352/sqft
$2,325 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Other
Interior area
- Total interior livable area: 900 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Stone
Details
- Parcel number: 052915547568410130
Construction
Type & style
- Home type: Condo
Materials
- masonry
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Clearwater
Services availability
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Estimated market value
$5,716,900