Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$2,299,000

For Sale - Active
2 Seaside Ln Apt 801, Belleair, FL 33756
3 Beds
3 Baths
2,343 Square Feet
0.00 Acres Lot
Built in 1995
For Sale - Active
1 Units
Checked: 7 hours ago
Updated: Aug 22, 2025 at 09:33PM

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$9,012
Cap Rate
1.4%
Cash-on-Cash Return
-20.5%
Debt Coverage Ratio
0.23
Internal Rate of Return (5 years)
-15.8%

Property Description


0.00 Acres Lot
Built in 1995
For Sale - Active
1 Units

“WELCOME HOME TO A PLACE SO GRAND, WHERE THE SEA MEETS THE GOLDEN SAND” Seaside II, Unit 801 at Belleair is a rare waterfront Penthouse with amazing views located in the enclave of the members-only Belleair Country Club. This Hooker Furniture brand furnished, private corner unit welcomes you through a keyless double door entry and foyer. Open concept living areas with premium luxury flooring and crown molding along with a spacious kitchen, custom cabinetry, high level granite counters and appliances including a wine bar. A new water filtration system and tankless water heater are included with a fully equipped separate laundry room and sink. A romantic primary retreat with en-suite master bath offering double sink vanities, natural light make-up area, soaking tub, spacious shower and double walk-in closets. Your special guests will love their private suite with a full bath and walk-in closet. A third bedroom offers a full closet with Murphy Bed and en-suite bath along with room for home office amenities. This Penthouse suite at Seaside II offers new storm shutters and under building parking for two vehicles along with a large storage area, plus on-site building maintenance with private gated entry. Beautifully landscaped common areas border the heated pool and hot tub. Join the Belleair Country Club and enjoy the fine dining or the relaxed atmosphere at the bar listening to live music. Play a round of golf while family members take advantage of the state-of-the-art fitness center for swimming, tennis or pickleball. The Belleair Country Club Marina has boat lifts and slips available for lease. Welcome Home!!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Assigned, Under Building
  • Details: Assigned, Covered, Garage Door Opener, Guest, Basement, Underground
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 10
  • # of Stories: 8
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Concrete
  • Foundation: Slab
  • Roof Material: Membrane
  • Pool Community: Yes

HOA

  • Association: Resource Property Management/Vicky McCormick

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 212915793950008010
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Contemporary
  • Year Built: 1995

Tax Information

  • Annual Tax: $20,643

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Pinellas

Listing Details


Listed by:
Mary Kvam
COLDWELL BANKER REALTY
(727) 698-1012

Source:
Stellar MLS
MLS#: TB8400487
Stellar MLS

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$9,012
Cap Rate
1.4%
Cash-on-Cash Return
-20.5%
Debt Coverage Ratio
0.23
Internal Rate of Return (5 years)
-15.8%

Purchase Details

Find an Agent

Purchase price:
$2,299,000
Amount financed:
-$1,839,200
Down payment:
$459,800
Closing costs:
$68,970
Rehab costs:
$0
Initial cash invested:
$528,770
Square feet:
2,343
Cost per square foot:
$981
Monthly rent per square foot:
$2.77

Financing Details

Find a Lender

Loan amount:
$1,839,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$11,777
Property tax:
$1,720
Insurance:
$455
Private mortgage insurance (PMI):
$0
Monthly payment:
$13,952

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$6,500 $78,000
Vacancy loss: (6%)
6% -$390 -$4,680
Operating income:
$6,110 $73,320

Operating Expenses


% Rent Monthly Yearly
Property taxes: (26%)
26%-$1,720-$20,644
Insurance: (7%)
7%-$455-$5,460
Property management: (8%)
8%-$520-$6,240
Repairs & maintenance: (5%)
5%-$325-$3,900
Capital expenditures: (5%)
5%-$325-$3,900
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (51%)
51%-$3,345-$40,144

Cash Flow


Monthly Yearly
Net operating income:
$2,765 $33,180
Mortgage payments:
-$11,777 -$141,324
Cash flow:
-$9,012 -$108,144