1702 MEREDITH LANE
About This Property
Beyond the main living areas, the home opens into an enormous family room-an inviting space anchored by a brick accent wall showcasing the wood-burning fireplace. Expansive windows and French doors connect this warm and welcoming room to the peaceful backyard, where a composite deck awaits for outdoor dining, gatherings, or simply enjoying the tranquil surroundings. Overlooking a lush setting with mature trees that provide natural shade and beauty, the fully fenced yard offers privacy, room for play, and plenty of space for gardening or relaxing in your own private retreat.
The spacious primary suite is thoughtfully located at the rear of the home, creating a private retreat with an updated en suite bath and a generous walk-in closet. At the front of the home, a hallway with three large storage closets-one cedar-lined-leads to the two guest bedrooms. The second bedroom features its own updated en suite bath, while the third bedroom is conveniently served by the hall bath, making it perfect for guests or versatile enough for a home office or hobby space.
Set within a quiet, established neighborhood, this home offers a serene environment while keeping you close to the very best of Belleair and the surrounding area. Just minutes away, you'll find the Pinellas Trail for walking and cycling, the world-famous Gulf beaches, the Intracoastal Waterway, the Belleair Bridge, and the public boat ramp. Enjoy easy access to outdoor activities, water adventures, and the area's finest golf at the prestigious Belleair Country Club and Pelican Golf Club. A variety of shopping, dining, and entertainment options are also within easy reach.
This property offers peace of mind along with its prime location. Whether you envision settling in as-is or transforming the space to reflect your personal style, this home is brimming with potential. Opportunities to own in this sought-after part of Belleair are rare-don't miss your chance to make this lovely residence your own and enjoy all the charm, convenience, and community this remarkable location has to offer. NOT IN A FLOOD ZONE (62' above sea level).
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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.
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About Belleair
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017