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Pinellas County · Clearwater, FL 33759

4.55% SubTo + 0% Seller Finance | Clearwater 2/2 + 1/1 In-Law Suite | Furnished | No HOA

$51,286
3
Beds
3
Baths
1,150
Sq ft
1973
Year built
$330K spread

About this property

Located at 1016 Beachwood Ave, Clearwater, FL 33759, this 1,300 sqft property features 3 beds, 3 baths, no HOA restrictions, and a main house layout of 2/2 plus an additional 1/1 mother-in-law suite, delivered vacant at closing. Financing and sub-to terms include an entry fee of $51,286 at 12.18% plus closing costs and title costs, a purchase price of $51,286, a mortgage balance of $307,000 at a 4.55% rate with a $2,628.42 PITI, and seller finance terms of $26,714 at 0% with a $74.20 monthly payment and 0-year balloon for a total monthly payment of $2,702.62. Estimated average monthly returns include $2,356 for LTR and $4,492 for STR, with suggested exit strategies encompassing LTR, co-living, wrap-around, or homestead conversion.

Property snapshot

Layout3 Bed / 3 Bath
Living area1,150 sq ft
Year built1973
Property typeSF Home
CountyPinellas County

Deal details

Asking price$51,286
ARV estimate$381,000
Spread (ARV − asking)$329,714
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$51K
ARV est.
$381K
Spread
$330K
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Ms. Meriam
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