200 S Bayshore Blvd Clearwater, FL 33759
Historic Bayview NeighborhoodEstimated payment $3,763/month
Total Views
18,080
5
Beds
3
Baths
2,451
Sq Ft
$236
Price per Sq Ft
Highlights
- 0.31 Acre Lot
- Corner Lot
- Covered patio or porch
- Main Floor Primary Bedroom
- No HOA
- 2 Car Attached Garage
About This Home
Prime Investment Opportunity with a price improvement! This property is ideally located just 2 minutes from downtown Safety Harbor and across from the Bayshore Pedestrian Trail, walking distance to Nova Southeastern University, 15 minutes from Tampa International Airport, and 20 minutes from the Gulf beaches—offering a major advantage in attracting tenants. The area is highly desirable for both short-term and long-term rentals, making it an excellent location for income generation. The property features a larger unit (1,600 square feet, 3 beds, 2 baths) and a smaller second unit (851 square feet, 2 beds, 1 bath), appealing to a wide variety of tenants. The layout allows for flexible rental strategies, enhancing its potential for steady cash flow. Sitting on a 0.314-acre lot, the property offers ample space for future development or upgrades. The possibility to subdivide the lot into two parcels adds significant value, particularly for investors looking to maximize their returns. While the property was affected by Hurricane Helene and is being sold in "as-is" condition, this presents an opportunity to rebuild, which could significantly increase its value. Hurricane Windows installed in 2020 and have a lifetime warranty transferrable to the next owner. The property has been cleared by the city and FEMA to be refurbished. see the attached FEMA substantial damage letter. The property is located within an AE flood zone. A one-time transfer of the flood policy is available under a "Policy Assumption" (interested buyers should confirm details with their insurance company). Additionally, the potential for subdividing the land could allow for two separate properties, offering even greater future value. This property represents an incredible, near-term opportunity for investors seeking strong rental income with significant future development potential!
Listing Agent
COASTAL PROPERTIES GROUP INTERNATIONAL Brokerage Phone: 727-493-1555 License #3599449 Listed on: 02/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,674
Year Built
- Built in 1973
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 125x109
- Fenced
- Corner Lot
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Fixer Upper
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,451 Sq Ft Home
- Tile Flooring
- Storm Windows
- Laundry in Garage
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 3 Bathrooms
Schools
- Safety Harbor Elementary School
- Safety Harbor Middle School
- Countryside High School
Additional Features
- Covered patio or porch
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 10
- Assessor Parcel Number 16-29-16-03429-000-0100
Community Details
Overview
- No Home Owners Association
- 3,511 Sq Ft Building
- Bayedge Terrace Subdivision
Building Details
- Gross Income $61,200
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Price Changed | $579,000 | -7.9% | $236 / Sq Ft |
| 04/24/2025 04/24/25 | Price Changed | $629,000 | -7.4% | $257 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $679,000 | -6.9% | $277 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $729,000 | 0.0% | $297 / Sq Ft |
| 03/04/2025 03/04/25 | Off Market | $729,000 | -- | -- |
Source: Stellar MLS
Similar Homes in Clearwater, FL
Source: Stellar MLS
MLS Number: TB8353085
APN: 09-29-16-36701-220-1010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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