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$165,000

For Sale - Active
2650 Countryside Blvd Apt B102, Clearwater, FL 33761
2 Beds
2 Baths
1,070 Square Feet
0.00 Acres Lot
Built in 1978
For Sale - Active
1 Units
Checked: 1 day ago
Updated: Jun 22, 2025 at 03:23AM

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
$185
Cap Rate
7.5%
Cash-on-Cash Return
5.8%
Debt Coverage Ratio
1.22
Internal Rate of Return (5 years)
9.7%

Property Description


0.00 Acres Lot
Built in 1978
For Sale - Active
1 Units

One or more photo(s) has been virtually staged. Location, location, location! LOWEST PRICE in the community! HOA fee includes EVERYTHING but your electric! Nestled in the heart of Clearwater, this first-floor corner unit 2 bed/2 bath condo is just minutes from Highway 19 and shopping at the mall, offering both convenience and comfort. With a blank slate to make it your own, this condo is ready for you to add your personal touch! The spacious and open living area offers a bright and inviting floor plan with a great flow for entertaining. The breakfast nook is just off the main entry, conveniently located across from the kitchen. The kitchen features granite countertops, a deep sink with upgraded faucet, and breakfast bar—perfect for casual dining or hosting guests! The open-concept dining and living room lead to sliding glass doors that take you to your private porch with exterior access that also has a bonus storage closet. Located off the living room is the hallway to your bedrooms. The private primary suite includes two generously sized wall closets and updated en suite bathroom with new vanity and step-in shower. The second bedroom offers a spacious wall closet and is located near the guest bath, which features an updated vanity and tub/shower combination. There is additional hallway storage, plus a large laundry closet with stackable washer & dryer. This well-maintained association has a sparkling pool as well as a covered outdoor space to enjoy the peacefulness of your community. This great central location offers easy access to shopping, dining, entertainment, and major highways. Don’t wait—schedule your showing today before it’s gone!

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Location


Property Details


Parking

  • Description: No Parking
  • Details: Assigned, Guest
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 3
  • # of Stories: 3

Exterior Features

  • Exterior Walls Materials: Masonry
  • Foundation: Slab
  • Roof Material: Built-Up

HOA

  • Association: Resource Property Management/Kevin

Land Information

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

Lot Information

  • Parcel ID: 292816776430021020
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Year Built: 1978

Tax Information

  • Annual Tax: $2,548

Utilities

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

Location

  • County: Pinellas

Listing Details


Listed by:
Vanessa Leonard
KELLER WILLIAMS REALTY- PALM H
(727) 647-2706

Source:
Stellar MLS
MLS#: TB8362858
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
$185
Cap Rate
7.5%
Cash-on-Cash Return
5.8%
Debt Coverage Ratio
1.22
Internal Rate of Return (5 years)
9.7%

Purchase Details

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Purchase price:
$165,000
Amount financed:
-$132,000
Down payment:
$33,000
Closing costs:
$4,950
Rehab costs:
$0
Initial cash invested:
$37,950
Square feet:
1,070
Cost per square foot:
$154
Monthly rent per square foot:
$1.68

Financing Details

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Loan amount:
$132,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$845
Property tax:
$212
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,183

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$212-$2,548
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (37%)
37%-$662-$7,948

Cash Flow


Monthly Yearly
Net operating income:
$1,030 $12,360
Mortgage payments:
-$845 -$10,140
Cash flow:
$185 $2,220