$125,000
●
Condo -
Off Market
2255 PHILIPPINE DRIVE #35
CLEARWATER, FL 33763
2 Beds
2 Baths
1,400 Ft²
$809
Est. Monthly
16.98%
Cap Rate
About This Property
Welcome to one of the most popular communities in the Tampa Bay
area. On Top of the World community is a 55+ community with
amenities galore. This condo is a 2 BR 2 BA 1400 sq ft
unit with a sun room overlooking green space. Split bedrooms
and 2 full bathrooms. This unit is ready for some updates.
SELLER IS MOTIVATED! MAKE AN OFFER! This
community is close to shopping, entertainment and dining venues as
well at a short ride to Clearwater beach. Come see everything
On Top of the World has to offer. Pet friendly and lease
friendly. Association approval required
Unit Size
1,400 Ft²
Days on Market
218 days
Land Size
3.57 acres
Price per sqft
$104
Property Type
Condo
Property Taxes
$97
HOA Dues
-
Year Built
-
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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 #TB8333603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$150,000
↓ $5K
(3.2%) | |
| Price Decreased | |||
| May 6, 2025 | Price Decreased |
$155,000
↓ $14K
(8.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Thermostat, Window Treatments
Appliances: Oven, Cooktop, Dishwasher, Disposal
Flooring Type: Carpet, Ceramic Tile, Laminate
Laundry Features: Laundry Room
Rooms: 5
Exterior Details
Square Footage: 1400
Square Footage Source: $0
Year Built: 1984
Building Area Total: 1400
Levels: One
Building Area Units: Square Feet
Construction Materials: Block, Stucco
Lot Size Area: 3.5675
Lot Size Units: Acres
Lot Size Acres: 3.57
Lot Size Square Feet: 155400
Tax Lot: 0350
Water Source: Public
Financial Details
Tax Annual Amount: $1,163
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, Cable TV, Maintenance Grounds, Insurance, Maintenance Structure, Sewer, Trash, Water, Community Pool, Escrow Reserves Fund, Pool Maintenance, Private Road, Recreational Facilities
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Golf Course, Laundry, Maintenance, Park, Pool, Recreation Facilities, Security, Tennis Court(s), Wheelchair Access
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/21/2026
|
2 Bed
|
2 Bath
|
1400 ft²
|
$169,900
2 Bed
2 Bath
1400 ft²
|
$160,000
-5.83%
10/26/2026
|
Kenny Reiss
ON TOP OF THE WORLD RE
| |
|
03/02/2026
|
2 Bed
|
2 Bath
|
1400 ft²
|
$245,000
2 Bed
2 Bath
1400 ft²
|
$230,000
-6.12%
03/26/2026
|
Donna Nettestad
RE/MAX REALTEC GROUP INC
| |
|
08/01/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$240,000
2 Bed
2 Bath
1100 ft²
|
$170,000
-29.17%
06/12/2026
|
Bradley Chouinard
COLDWELL BANKER SUN VISTA
| |
|
04/18/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$184,900
2 Bed
2 Bath
1100 ft²
|
$175,000
-5.35%
05/22/2025
|
Jason Johantgen
COLDWELL BANKER RESIDENTIAL
| |
|
04/03/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$244,900
2 Bed
2 Bath
1400 ft²
|
$205,000
-16.29%
07/28/2025
|
Lynne Leida-Goldsmith, PA
COLDWELL BANKER REALTY
| |
|
01/01/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$189,000
2 Bed
2 Bath
1400 ft²
|
$125,000
-33.86%
08/07/2025
|
David Morris
Allstar Realty Inc
| |
|
08/21/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$184,500
2 Bed
2 Bath
1100 ft²
|
$170,000
-7.86%
01/07/2025
|
Galia Baldridge
BONOMO REALTY LLC
| |
|
06/28/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$225,000
2 Bed
2 Bath
1400 ft²
|
$210,000
-6.67%
07/31/2024
|
Stephen Katsaros
REDFIN CORPORATION
| |
|
04/02/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$195,000
2 Bed
2 Bath
1400 ft²
|
$176,500
-9.49%
08/07/2024
|
Carrie Moreno
ON TOP OF THE WORLD RE
| |
|
10/23/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$229,900
2 Bed
2 Bath
1100 ft²
|
$210,000
-8.66%
12/15/2023
|
Galia Baldridge
BONOMO REALTY LLC
| |
|
12/21/2022
|
2 Bed
|
2 Bath
|
1400 ft²
|
$188,900
2 Bed
2 Bath
1400 ft²
|
$176,500
-6.56%
05/17/2023
|
Johnny Mead
DALTON WADE INC
| |
|
03/30/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$215,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Galia Baldridge
BONOMO REALTY LLC
| |
|
11/24/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$199,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
Carrie Moreno
ON TOP OF THE WORLD RE
| |
|
07/08/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$169,900
2 Bed
2 Bath
1400 ft²
|
$169,900
08/30/2021
|
Marcy Daniels
COLDWELL BANKER RESIDENTIAL
| |
|
06/26/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$119,900
2 Bed
2 Bath
1100 ft²
|
-
-
|
Joe Koebel
RE/MAX REALTEC GROUP INC
| |
|
05/14/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$179,000
2 Bed
2 Bath
1400 ft²
|
$179,000
06/22/2021
|
Blake Smereczynsky
COLDWELL BANKER RESIDENTIAL
| |
|
04/09/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$229,999
2 Bed
2 Bath
1400 ft²
|
$225,000
-2.17%
07/29/2021
|
Cynthia Kaszirer
SMITH & ASSOCIATES REAL ESTATE
| |
|
09/18/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$95,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Ken Reiss
ON TOP OF THE WORLD RE
| |
|
08/20/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$139,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Heather Dearborn
IMPERIO REAL ESTATE
| |
|
01/22/2020
|
2 Bed
|
2 Bath
|
1400 ft²
|
$124,900
2 Bed
2 Bath
1400 ft²
|
-
-
|
Alan Kay
FLORIDA SUN REAL ESTATE, INC
| |
|
12/16/2019
|
2 Bed
|
2 Bath
|
1400 ft²
|
$115,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
Deborah Palmquist
ON TOP OF THE WORLD RE
| |
|
07/13/2017
| |
2 Bed
|
2 Bath
|
1400 ft²
|
-
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
|
Building Info
2255 Philippine Drive
2255 Philippine Drive, Clearwater, FL 33763
- 2 Units for Sale
About On Top of the World
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Listed by: David Morris
EXP REALTY LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8333603
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.
EXP REALTY LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8333603
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017