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$939,900

For Sale - Active
3225 Rosery Rd NE, Largo, FL 33771
3 Beds
2 Baths
2,150 Square Feet
0.32 Acres Lot
Built in 1973
For Sale - Active
1 Units
Checked: 2 days ago
Updated: Jun 29, 2025 at 06:30PM

Investment Summary


Monthly Cash Flow
-$2,005
Cap Rate
3.6%
Cash-on-Cash Return
-11.1%
Debt Coverage Ratio
0.58
Internal Rate of Return (5 years)
-6.8%

Property Description


0.32 Acres Lot
Built in 1973
For Sale - Active
1 Units

One or more photo(s) have been virtually staged. A RARE chance to own a private waterfront retreat with million-dollar views from every room. This beautiful 3-bedroom, 2-bathroom Frank Lloyd Wright-inspired home includes a 2-car garage and a bonus guest cottage. Located on a quiet, rarely available waterfront lot, the property has just been upgraded with a full renovation, including a brand-new roof, new luxury flooring, a fully remodeled kitchen, updated systems, new landscaping, and more. Designed for true Florida living, the home features floor-to-ceiling windows that fill the space with light and showcase stunning views of the intracoastal waterway. Enjoy fishing or watch dolphins, manatees, and birds from your private dock, which has both electric and water hookups and offers direct access to Tampa Bay and the Gulf of Mexico. The chef’s kitchen includes granite counters, high-end stainless steel appliances, solid wood cabinets, a matching island, and a large breakfast bar with views of the pool and water. It flows into the family room, dining area, and cozy living room with a fireplace, perfect for both relaxing and entertaining. The spacious primary suite has water views, his-and-her closets, and a flexible area for a private office or large walk-in closet. The en-suite bath includes a stone garden tub, slate floors, and dual sinks. Just outside one of the bedrooms is a peaceful backyard seating area, perfect for morning coffee. The backyard also features a private gazebo—ideal for lounging, dining, or simply enjoying the view. The detached guest cottage has a water hookup and air conditioning, making it great for visitors, a home office, or studio. Only four miles from Clearwater Beach and walking distance to Eagle Lake Park, the home also borders an 85-acre bird and mangrove sanctuary, with no rear or right-side neighbors for added privacy. Enjoy amazing sunrises and sunsets from your backyard oasis. Conveniently located just two miles from US-19, 10 minutes from St. Pete–Clearwater Airport, and 20 minutes from Tampa International, this home is close to top dining, shopping, and entertainment. Don’t miss this unique waterfront home—schedule your private showing today!

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Location


Property Details


Parking

  • Description: Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, RV Parking
  • Details: Deeded, Driveway, Guest, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

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

Interior Features

  • # of Rooms: 3
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Block
  • Roof Type: Gable
  • Roof Material: Shingle
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 252915016470000320
  • Lot Size: 13922 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Coastal, Custom
  • Year Built: 1973

Tax Information

  • Annual Tax: $3,539

Utilities

  • Water & Sewer: Private, Public, Well
  • Heating: Central, Heat Pump
  • Cooling: Central Air, Ductless

Location

  • County: Pinellas

Listing Details


Listed by:
Taylor Holevas
SUNSTAR REAL ESTATE LLC
(727) 330-4727

Source:
Stellar MLS
MLS#: TB8399414
Stellar MLS

Investment Summary


Monthly Cash Flow
-$2,005
Cap Rate
3.6%
Cash-on-Cash Return
-11.1%
Debt Coverage Ratio
0.58
Internal Rate of Return (5 years)
-6.8%

Purchase Details

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Purchase price:
$939,900
Amount financed:
-$751,920
Down payment:
$187,980
Closing costs:
$28,197
Rehab costs:
$0
Initial cash invested:
$216,177
Square feet:
2,150
Cost per square foot:
$437
Monthly rent per square foot:
$2.09

Financing Details

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Loan amount:
$751,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$4,815
Property tax:
$295
Insurance:
$315
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,425

Operating Income

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% Rent Monthly Yearly
Gross rent:
$4,500 $54,000
Vacancy loss: (6%)
6% -$270 -$3,240
Operating income:
$4,230 $50,760

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$295-$3,539
Insurance: (7%)
7%-$315-$3,780
Property management: (8%)
8%-$360-$4,320
Repairs & maintenance: (5%)
5%-$225-$2,700
Capital expenditures: (5%)
5%-$225-$2,700
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (32%)
32%-$1,420-$17,039

Cash Flow


Monthly Yearly
Net operating income:
$2,810 $33,720
Mortgage payments:
-$4,815 -$57,780
Cash flow:
$2,005 $24,060