44
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166 BAYSIDE DRIVE
About This Property
The limited availability of waterfront channels in this established area makes this a truly special opportunity. Whether you're searching for a full-time residence, a coastal getaway, or a property with rental income potential, this waterfront gem offers a combination of location, upgrades, boating access, and lifestyle that is increasingly difficult to find.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Listed by ENGEL & VOLKERS BELLEAIR | $2,090,000 | |
| Listed by ENGEL & VOLKERS BELLEAIR | |||
| Jul 9, 2026 | Listed by BEYCOME OF FLORIDA LLC | $1,898,000 | |
| Listed by BEYCOME OF FLORIDA LLC | |||
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Stunning home in one of Clearwater's most exclusive waterfront channels steps from the beach and with direct gulf access. As you step inside, you’re greeted by a breathtaking, soaring foyer with high ceilings that immediately take your breath away. Porcelain floors flow seamlessly throughout, reflecting the shimmering water views. The open-concept kitchen is a chef’s dream, complete with a walk-in pantry and a spacious layout. Each of the three fully remodeled bedrooms are generously sized, while the large game room with a cozy fireplace for entertaining. Additional luxuries include a large laundry room, bar area, two AC units, and a circular driveway. Every inch of this home has been meticulously upgraded.
Step outside to your low-maintenance backyard with premium artificial turf, palm trees, and herb garden, designed for easy living and year-round enjoyment. Relax in your private hot tub or head down to your waterfront fishing dock with boat cover to catch a sunset or a fish!
Whether you’re looking for a primary residence, second home, or investment property, this waterfront gem is it! With no more channels being built in this area, this home is truly irreplaceable and presents an opportunity that will never be duplicated. No HOA
Improvements:
Complete house remodel: 2024
Roof: 2025
Pavers front and backyard: 2026
Water heater: 2024
Impact garage door: 2025
Hot tub: 2026
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| Aug 8, 1995 | Sold | ||
| Sold | |||
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About Clearwater Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017