NOT LISTED FOR SALE

530 Rogers St Clearwater, FL 33756

-- Bed
-- Bath
3,715 Sq Ft
6,647 Sq Ft Lot

Last Sold July 01, 2020

Last sale price $824,000 $222 Per Sq Ft

22 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Rear Porch
  • Deck
  • No HOA
  • Mini Split Air Conditioners

About This Home

As of July 2020

Absolutely astounding and exquisite 6plex, 6 units legal multi-family situated in the Downtown Clearwater District at about 5 minutes drive from the famous Clearwater Beach.
There are 7 brand new electric meters, and 1 water meter.
This Multi-Family was built in 1924 and has an incredible curb appeal, but it has been completely remodeled! The owner did not spare any expenses, and he already went through all the trouble to redo everything right! Go see every single permit that was pulled and closed in public records, the list is quite long!!!
The following is a list of upgrades that the property has recently undergone:
it has 7 all new electric meters, all new electrical wires, all new panels panels, all new plumbing fixtures, completely new air conditioning systems, a combination of Mini-Splits and central AC systems throughout, no cheap walls ACs. (only one unit has a central Ac that is not new)
The roof was replaced in 2018, the back deck is completely new, and also the parking lot driveway has been poured recently.
There are 6 units, all 6 units have a brand new kitchen with new quartz countertops, new cabinets, new stainless steel appliances, new tiles floors or refinished beautiful original wood floor, new bathrooms showers, vanities, toilets etc..
This property has been completely remodeled but it maintains the original feel and the 1920's curb appeal.
Some units come partially furnished or furnished.
You can rent these shorter term furnished (City of Clearwater 1 month minimum), or longer term furnished or unfurnished.
Call or text LA for a projected income and expenses.
The property is currently vacant but it will be rented.
The estimated income of $ 127200 yearly is counted based on all units rented furnished shorter or longer term.
All the estimated yearly expenses of $ 48000 include an estimated cost of taxes if it is bought at the current price (pcpao.org), estimated insurance, estimated water bill, estimated electric bill (furnished rentals shorter term could be paid by the owner up to a certain number), estimated lawn maintenance, estimated cable and internet and finally one month vacancy, all of this already included in the estimated expenses.
As far as the rental target goes, the idea is to take advantage of the extreme shortage of upscale furnished rentals in the Downtown area. Also considering that pretty much everything has been extensively upgraded and corrected, with high quality materials, it is reasonable to expect not much maintenance cost at all.
The monthly furnished estimated rentals income would include water, electric (up to $ 100 monthly) and cable/internet, to allow the tenant a move in ready unit with the least amount of hassle.

Last Agent to Sell the Property

Riccardo Santagostino

GREAT HOMES REALTY INC License #3192415 Listed on: 05/06/2020

Last Buyer's Agent

Jack Johnson

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION License #679391

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1924

Lot Details

  • 6,647 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Irrigation

Parking

  • Assigned Parking

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,715 Sq Ft Home
  • City Views
  • Basement
  • Crawl Space

Flooring

  • Wood
  • Porcelain Tile
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Utilities

  • Mini Split Air Conditioners
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 6 Units
  • Wallaces Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,906

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3715
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1924
  • Lot Size Sq Ft: 6647
  • Tenant Pays: Electricity
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8083541?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8083541?w=Customer
  • Unit Count: 6
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91657
  • Price per Sq Ft: 221.8
  • Close to Original List Price Ratio: 0.91657
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Porcelain Tile, Tile, Hardwood
  • Foundation Details: Basement, Crawlspace
  • Levels: Two
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Irrigation System
  • Roof: Other
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Rear Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Available, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Parcel Number: 16-29-15-94626-001-0011
  • Additional Parcels: No
  • Lot Dimensions: 55x120
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2905.96
  • Tax Block: 1
  • Tax Book Number: H3-6
  • Tax Lot: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $824,000 -8.3% $222 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $899,000 +9.1% $242 / Sq Ft
05/05/2020 05/05/20 Off Market $824,000 -- --
05/05/2020 05/05/20 For Sale $899,000 -- $242 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8083541

Stellar MLS