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Clearwater 33755 Sunset Lake Estates
1624 Algonquin DRIVE
$440,000
● House - Off Market

1624 Algonquin DRIVE

CLEARWATER, FL 33755
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,523 Ft²
$2,258
Est. Monthly
7.10%
Cap Rate

About This Property

Stunningly renovated concrete block home with three bedrooms, two full bathrooms (2nd bathroom located in the garage) and two car garage in sought-after Clearview Lake Estates. This property is NOT in flood zone due to a higher elevation than surrounding areas, so no flood insurance required. The house features a new roof, new paint inside and out, luxury waterproof flooring, new lighting & plumbing fixtures, updated kitchen, newer windows, newer HVAC and much more! The lushly landscape yard provides privacy for the back deck where you will find a Jacuzzi to relax or/and enjoy a glass of wine. Close proximity to Clearwater Beach, the Pinellas Trial, Honeymoon Island and Downtown Dunedin' shopping and dining make this beautiful home a must-have house!
Unit Size
1,523 Ft²
Days on Market
35 days
Land Size
0.18 acres
Price per sqft
$289
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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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: 2 years ago (Stellar MLS #TB8312964)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Oct 26, 2024 In contract -
In contract
Oct 22, 2024 Listed by CHARLES RUTENBERG REALTY INC $440,000
Listed by CHARLES RUTENBERG REALTY INC
Oct 9, 2012 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 16
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 456
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,985
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,023
  • Gross Building Area: 2,023
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,523
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET LAKE ESTATES UNIT 3
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SUNSET LAKE ESTATES UNIT 3 BLK I, LOT 18

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 026701

Geography

  • Assessors Map Reference: 80
  • Account Number: R14055
  • District: CW
  • Subdivision Tract Number: 87966
  • Parcel: 02-29-15-87966-009-0180
  • Block: I
  • Lot: 18
  • Meridian: SEC 2 TWN 29S RNG 15E
  • Municipality: CLEARWATER
  • Latitude: 27.9928
  • Longitude: -82.77

    Address

  • Full Address: 1624 Algonquin Dr
  • Address - House Number: 1624
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Clearwater
  • Carrier Code: C022
  • 4-Digit Zip Code: 1602
  • Zip Code: 33755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $113,641
  • Tax Rate Code Area: CW

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 388,259
  • High Value: 468,873
  • Low Value: 307,645

    Market Valuation

  • Market Total Value: $219,649
  • Market Land Value: $147,764
  • Market Improvement Value: $71,885

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,914

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2012
  • Current Sale Recording Date: Oct 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 2012293305
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sunset Lake Estates

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$298

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1560 ft²

Average Home Age

58 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Gabriel Cardoz
CHARLES RUTENBERG REALTY INC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8312964
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.

Frequently Asked Questions

When was property at 1624 Algonquin Drive built and last sold?
The property at 1624 Algonquin Drive was built in 1969 and last sold on Oct 1, 2012 for $123,000.
How much is this home worth?
The estimated value of the home located at 1624 Algonquin Drive is $0.
What are some comparable homes to 1624 Algonquin Drive?
There are currently no comparable homes to 1624 Algonquin Drive.
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