220 Manatee ROAD
About This Property
To further enhance your building experience, we may be able to offer multiple floor plans for homes of various sizes, allowing you to choose the design that best suits your lifestyle and preferences. The location provides easy access to the Belleair Country Club, which features two championship 18-hole golf courses, tennis courts, and fine dining. Enjoy the convenience of walking or biking to the Belleair Recreation Center, offering sports leagues and activities for children. Plus, downtown Clearwater and the world-famous Clearwater Beach are just a short drive away. No flood insurance will be required for a home built on this site. Don't miss this opportunity to create your ideal home in one of Belleair's most desirable areas. We have multiple floor plans for various sized homes that could be built on this site.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $799,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
| Jul 17, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $675,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017