713 Smith STREET
About This Property
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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 |
|---|---|---|---|
| Oct 17, 2025 | Listed | $225,000 | |
| Listed | |||
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Priced below market value for a quick sale! The location of this lot is a true hidden gem for any investor looking for land as it is zoned C2 with ROR land use and the new owner has an opportunity to build up to 4 units, I.E. a quadplex or 2 duplexes. This is your opportunity to own the epitome of "Old Florida" charm in this recently renovated bungalow consisting of a main house and a detached In-Law like Studio Suite with it's own private entrance. This property is located in unincorporated Clearwater, and makes for the perfect getaway retreat for yourself, short term vacation renters, travel nurses, or even a year-round tenant. Many updates completed within the last 3 years to ease your mind including a new kitchen with beautiful granite countertops, cushion-close shaker cabinetry, SS Frigidaire appliances with dishwasher, updated bath with a tall vanity and newer toilet. Additional improvements are a tankless water heater, interior stackable W/D, fresh paint inside and out, new windows, new doors & slider, newer eco bamboo flooring and new light fixtures throughout. If that's not enough, step out to the back porch, and enjoy al fresco dining on your private exterior deck. The parking pad in the rear also has electric and water hookups which allows for RV storage! The income earning opportunities here are truly endless! This home is being sold furnished with quality furnishings and almost entirely turn-key. As an added bonus the property has been utilized as a short term rental in the past generating a great return. The location couldn’t be better, just a short drive to Belleair Beach, Clearwater Beach, and downtown Clearwater, close proximity to dining, shopping, locally acclaimed golf courses, and so much more.
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| Jun 3, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by CHARLES RUTENBERG REALTY INC | $299,900 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Dec 18, 2021 | Listed by CHARLES RUTENBERG REALTY INC | $179,900 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017