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$561,000

For Sale - Active
2724 Via Murano Unit 639, Clearwater, FL 33764
4 Beds
2 Baths
1,870 Square Feet
0.00 Acres Lot
Built in 2001
For Sale - Active
1 Units
Checked: 1 day ago
Updated: Jul 06, 2025 at 05:14PM

Investment Summary


Monthly Cash Flow
-$1,720
Cap Rate
2.5%
Cash-on-Cash Return
-16.0%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-11.5%

Property Description


0.00 Acres Lot
Built in 2001
For Sale - Active
1 Units

Nestled within the gated, resort-style Grand Venezia community, this inviting 4-bedroom plus dedicated office, 2-bath condo offers a serene pool-view retreat you’ll cherish calling home. Step inside to warm, sunlit interiors—perfectly sized for growing families or remote professionals—and discover thoughtful touches like plush flooring, a well-appointed kitchen, and in-unit laundry for everyday convenience. Retreat to the tranquil primary suite overlooking the shimmering community pool. The bright and spacious office offers versatility, ideal for work-from-home needs or creative hobbies. Grand Venezia pampers residents with a true resort lifestyle: a heated pool & spa, rejuvenating sauna, fitness center, clubhouse with game room, and a luxurious spa. Enjoy pleasant evenings grilling by the bocce courts or gathering under torched-lit cabanas. A 24-hour gated entry ensures peace of mind. Living here means embracing a Clearwater lifestyle rich in sunshine and leisure. A short drive brings you to Coachman Park’s waterfront concerts, scenic walking trails, and kite festivals Nearby are charming greenways at Moccasin Lake Nature Park and Glen Oaks Park, ideal for family strolls. Excellent dining and shopping along McMullen Booth Road and the vibrant weekend markets downtown round out your new lifestyle. Comfort meets charm in this warm, cozy haven—your perfect next chapter starts here.

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Location


Property Details


Parking

  • Description: None
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

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

Interior Features

  • # of Rooms: 9
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Wood
  • Foundation: Block
  • Roof Material: Tile
  • Pool Community: Yes

HOA

  • Has HOA: Yes
  • Association: Coleen Verdon
  • Additional Association: No
  • Additional HOA Fee: $150/monthly

Land Information

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

Lot Information

  • Parcel ID: 292916327760000639
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Year Built: 2001

Tax Information

  • Annual Tax: $7,539

Utilities

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

Location

  • County: Pinellas

Listing Details


Listed by:
Julia Krymoff
HIGH POINT REALTY INC
(813) 830-2181

Source:
Stellar MLS
MLS#: TB8395863
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,720
Cap Rate
2.5%
Cash-on-Cash Return
-16.0%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-11.5%

Purchase Details

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Purchase price:
$561,000
Amount financed:
-$448,800
Down payment:
$112,200
Closing costs:
$16,830
Rehab costs:
$0
Initial cash invested:
$129,030
Square feet:
1,870
Cost per square foot:
$300
Monthly rent per square foot:
$1.50

Financing Details

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Loan amount:
$448,800
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,874
Property tax:
$628
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,698

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (22%)
22%-$628-$7,540
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (5%)
5%-$150-$1,800
Total operating expenses: (53%)
53%-$1,478-$17,740

Cash Flow


Monthly Yearly
Net operating income:
$1,154 $13,848
Mortgage payments:
-$2,874 -$34,488
Cash flow:
$1,720 $20,640