$575,000
●
House -
Off Market
59 Kipling PLAZA
CLEARWATER BEACH, FL 33767
3 Beds
2 Baths
1,297 Ft²
$3,956
Est. Monthly
3.69%
Cap Rate
About This Property
ASPIRING BUILDERS DREAM PROPERTY! Welcome to a beach area living in
the desirable Clearwater Beach! This property features a
large pool, spa area, house with newer roof 2020, Newer
windows 2019 . While it experienced flooding to Hurricane Helene
and Hurricane Milton in October 2024, this is a prime opportunity
for builders looking to design and construct their personal
sanctuary for relaxation and fun. Great area for rentals or to live
in. Enjoy serene walks, sunset cruises, and biking to local
beaches and restaurants. Plus, the city's new venue "The SOUND" is
just a stroll away, perfect for live concerts and events! You'll
love the convenience that comes with living in Clearwater Beach
with the Clearwater Marine Aquarium nearby, a Publix shopping
center for all your needs, and an assortment of dining options to
satisfy every craving-all a short drive away. This property is your
blank canvas, ready for your creativity to shine. Don't miss out on
the chance to create your dream home. Reach out today for
more details or to schedule a viewing!
Unit Size
1,297 Ft²
Days on Market
17 days
Land Size
0.14 acres
Price per sqft
$443
Property Type
House
Property Taxes
$1,133
HOA Dues
-
Year Built
1959
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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 #TB8314838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Listed | $945,000 | |
| Listed | |||
| | |||
|
Modern Coastal Living in the Heart of North Clearwater Beach! Welcome to 59 Kipling Plaza, a beautifully redesigned 3-bedroom, 2-bath home perfectly situated in Clearwater Beach’s sought-after Mandalay subdivision. This elegant coastal residence offers an open layout filled with natural light, featuring a custom kitchen with quartz countertops, premium appliances, and sleek finishes throughout.
Both bathrooms feature stylish walk-in showers with designer tile and modern fixtures. Step outside to your own private tropical retreat — complete with a sparkling pool, spa, and lush landscaping ideal for entertaining or relaxing after a day at the beach. Just a short stroll from the Gulf of Mexico, local dining, and shops, this home embodies the perfect blend of sophistication and laid-back Florida living. Experience Clearwater Beach at its finest — move-in ready and absolutely stunning.
| |||
| Nov 11, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | Listed by COLDWELL BANKER REALTY | $575,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Jan 24, 2022 | Sold | ||
| Sold | |||
| Sep 13, 2021 | Listed by COLDWELL BANKER REALTY | $899,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Clearwater Beach
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Listed by: Michelle Chenault
COLDWELL BANKER REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8314838
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.
COLDWELL BANKER REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8314838
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017