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Penthouse Condo with Panoramic Views

1200 COUNTRY CLUB DRIVE 6302 Largo, FL 33771

1200 COUNTRY CLUB DRIVE 6302, Largo, FL, 33771
$349,900
For Sale
$349,900

Exquisite 2-bedroom penthouse condo with lake and golf course views.

Property Size1,320 SF
Price / SF$265.08
Days on Market691

Property Features for 1200 COUNTRY CLUB DRIVE 6302

General Information

Standard status
Active
Size
1,320 SF
Property subtype
Condo/Townhome

Building Details

Year Built
2005
Listing Agency MAVREALTY
Listed by Deidre Gray · License #3519545
Source Exitrealty
Added: Aug 29, 2024 Updated: Jul 6 at 12:08 pm Checked: Jul 19 at 3:55 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAVREALTY


Investment Insights

Based on property information with market context.

This move-in-ready, exquisite penthouse condo features two bedrooms and two bathrooms, offering panoramic views of a serene lake and lush golf course. The residence provides a lifestyle of tranquility and sophistication. The open living room, dining area, and kitchen concept welcomes you upon entering. The kitchen includes wood plank ceramic tile, granite countertops and backsplash, upgraded kitchen hardware, a 2023 Samsung refrigerator, and stainless steel appliances. A west-facing covered and screened-in 140 sq ft balcony, accessible from both the living room and primary bedroom, offers views. The expansive primary suite features his and hers walk-in closets, an ensuite bathroom with double vanities with quartz countertops, top tier sink fixtures, an oversized walk-in shower, and a private toilet closet. The split bedroom plan ensures privacy. The second bedroom is versatile enough to serve as an office or an additional bedroom with room for bunkbeds and a full-size bed. The HVAC was replaced in 2018. The building has a new roof. Located in Building Six of Country Club Condos, this unit provides a designated parking space with convenient elevator access and includes in-unit laundry. The HOA fee includes cable, internet, water, property insurance, and maintenance of the grounds. Community amenities include a heated pool, hot tub, and a resort-style clubhouse with a full kitchen, lounge area, and a private meeting room. The community is pet-friendly, allowing two pets up to 25 lbs, and welcomes residents with a minimum rental period of three months. A professional Association Manager is available. The East Bay Golf Course is nearby. The condominium community is a short drive away from Gulf beaches, restaurants, and the Seminole and Largo Malls, and is 20-30 minutes to Tampa and St Pete.

Key Highlights

  • Price Improvement: Significant price reduction to $349,900.
  • Penthouse Condo with Panoramic Views: Enjoy breathtaking panoramic views of the lake and golf course from this exquisite 2‑bedroom, 2‑bathroom penthouse.
  • Hurricane Secure & Structurally Sound: Elevated and secure building with a completed SIRS showing good financial and structural shape.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.8k $18.00
− Vacancy −$1.7k −$1.28
EGI $22.1k $16.72
− OpEx −$9.9k −$7.52
NOI $12.1k $9.20
1,320 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$173.4K
$151.8K – $202.3K (±1% cap)
NOI $12,140 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.3K
$300.4K – $400.6K (±1% cap)
NOI $24,034 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Country Club Condo ... Condominium Complex Lollie Crenshaw, PT Medical Clinic Best Insurance Yet Insurance Agency Howard Rothman Attorney Law Firm The Center for Applied Leadership Consultant

Suggested Use

Law Firm Parking Lot & Garage Hair Salon Daycare Center Food Market Grocery & Convenience Store Spa & Massage Center Restaurant (Bike/Boat/Book/etc) Store Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential income property - Exquisite 2-bedroom penthouse condo with lake and golf course views.
Where is this residential income property located?
The property is located at 1200 COUNTRY CLUB DRIVE 6302 Largo, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Price Improvement: Significant price reduction to $349,900.; **Penthouse Condo with Panoramic Views:** Enjoy breathtaking panoramic views of the lake and golf course from this exquisite 2‑bedroom, 2‑bathroom penthouse.; Hurricane Secure & Structurally Sound: Elevated and secure building with a completed SIRS showing good financial and structural shape.
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