921 Eldorado AVENUE
About This Property
The home, sold **as-is**, has been completely remediated following water damage from a recent storm, leaving a **blank canvas** ready for your vision. With drywall, cabinets, flooring, and some electrical updates needed, this property is priced for renovation or a complete rebuild. Imagine designing a custom oasis that captures Gulf views and the charm of North Clearwater Beach living.
Located just moments away from restaurants, shopping, and entertainment, this home combines the best of coastal living with the convenience of nearby amenities. Whether you're an investor or a buyer seeking to personalize your paradise, this property delivers unmatched potential in a prime location. Don't miss your chance to turn this beachside opportunity into your ultimate coastal haven!
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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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by COLDWELL BANKER REALTY | $900,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017