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$285,000

For Sale - Active
2980 Haines Bayshore Rd Unit 134, Clearwater, FL 33760
2 Beds
2 Baths
1,130 Square Feet
0.00 Acres Lot
Built in 1975
For Sale - Active
1 Units
Checked: 13 hours ago
Updated: Aug 22, 2025 at 06:31PM

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
-$255
Cap Rate
5.1%
Cash-on-Cash Return
-4.7%
Debt Coverage Ratio
0.83
Internal Rate of Return (5 years)
-0.5%

Property Description


0.00 Acres Lot
Built in 1975
For Sale - Active
1 Units

!!! WATER - GOLF COURSE VIEWS. !!! Enjoy Florida in this Beautiful 2 bedroom 2 Bath Condo overlooking the Water of Tampa bay and the Golf Course from the Screened back porch and bedroom. Gorgeous Floors and remodeled kitchen and bathrooms, Swimming Pool, Tennis/Pickel ball , Private Deck to fish or Kayak. Very Centrally Located In Clearwater, 20 minutes from Clearwater Beach and other Beaches, 20 minutes to the airport and Banks and stores just 5 minutes away. Call and make an appointment Today.

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Location


Property Details


Parking

  • Description: No Parking
  • 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: 5
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Masonry
  • Foundation: Block
  • Roof Material: Shingle
  • Pool: Yes

HOA

  • Association: Resource Property Managment

Land Information

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

Lot Information

  • Parcel ID: 292916134550011340
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Year Built: 1975

Tax Information

  • Annual Tax: $3,758

Utilities

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

Location

  • County: Pinellas

Listing Details


Listed by:
Brenda Frieri
CHARLES RUTENBERG REALTY INC
(727) 410-4504

Source:
Stellar MLS
MLS#: TB8411287
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
-$255
Cap Rate
5.1%
Cash-on-Cash Return
-4.7%
Debt Coverage Ratio
0.83
Internal Rate of Return (5 years)
-0.5%

Purchase Details

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Purchase price:
$285,000
Amount financed:
-$228,000
Down payment:
$57,000
Closing costs:
$8,550
Rehab costs:
$0
Initial cash invested:
$65,550
Square feet:
1,130
Cost per square foot:
$252
Monthly rent per square foot:
$1.95

Financing Details

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Loan amount:
$228,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,460
Property tax:
$313
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,927

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (14%)
14%-$313-$3,759
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (39%)
39%-$863-$10,359

Cash Flow


Monthly Yearly
Net operating income:
$1,205 $14,460
Mortgage payments:
-$1,460 -$17,520
Cash flow:
$255 $3,060