$1,775,000
●
House -
Off Market
1205 Bay DRIVE
BELLEAIR BEACH, FL 33786
2 Beds
3 Baths
1,826 Ft²
$1,878,144
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
PRICED TO SELL FOR BELOW LAND VALUE! Fantastic open waterfront home
directly on the Intracoastal Waterway. Situated on one of the most
beautiful waterfront communities in Tampa Bay. This is an
opportunity to complete the home to your taste. Or build new on
this prime location of Belleair Beach. Recent updates include a new
sea wall, roof, and flooring. This oasis is any boater's dream with
deep water around the clock and the ability to park a large vessel
with rapid boating access to The Gulf of Mexico from your home.
Don't miss this unique opportunity.
Unit Size
1,826 Ft²
Days on Market
576 days
Land Size
0.19 acres
Price per sqft
$1,027
Property Type
House
Property Taxes
$1,147
HOA Dues
-
Year Built
1970
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Stellar MLS #U8144282)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2022 | No longer available | - | |
| No longer available | |||
| Feb 21, 2022 | Listed by SMITH & ASSOCIATES REAL ESTATE | $2,499,000 | |
| Listed by SMITH & ASSOCIATES REAL ESTATE | |||
| | |||
|
A rare find, huge open water views of the intercoastal in Belleair Beach.This home is perfect for any big boater who likes to keep the yachtparked at home. This oasis is any boater’s dream with deep wateraround the clock and the ability to park a large vessel. You’ll lovewaking up every day and having natures beauty share with you some ofthe most gorgeous sunrises in the world, and then being to take a fewsteps over to Belleair Beach to get your toes in the sand for the nightlydream sunset. This is an oppurtunity to complete the home to yourtaste. Or build new on this prime location. Recent updates include newsea wall, roof, and flooring. The area dazzles with impeccable sugarsand beaches and inviting Gulf of Mexico water. Close to fine dining andshopping. Book your private showing today! The manager has listed the unit size as 1826 square feet.
| |||
| Nov 27, 2021 | Listed by SMITH & ASSOCIATES REAL ESTATE | $1,875,000 | |
| Listed by SMITH & ASSOCIATES REAL ESTATE | |||
| Oct 27, 2021 | Sold | ||
| Sold | |||
Property Highlights
Garage
Elevator
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Belleair Beach
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Listed by: Pete Mustafaraj
SMITH & ASSOCIATES REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8144282
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
SMITH & ASSOCIATES REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8144282
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017