Furnished Clearwater Condo with
2400 WINDING CREEK BOULEVARD 24-203, Clearwater, FL 33761
Move-in ready, furnished 2-bedroom condo with community amenities.
Type:Condo/Townhome
Property size:
993 SFLot size:
1.00 AcrePrice / SF:
$160/SF- Added:
- Dec 6, 2024
- Days on Market:
- 573
- Last Refresh:
- May 19 at 9:29 pm
Property Features for 2400 WINDING CREEK BOULEVARD 24-203
General Information
- Standard status
- Active
- Size
- 993 SF
- Lot size
- 1.00 Acre
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1975
Listing office COLDWELL BANKER REALTY (727) 781-3700
Listing date Dec 6, 2024
Source Exitrealty
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 COLDWELL BANKER REALTY
HighLights
- Furnished, move‑in ready condo in a desirable Clearwater location.
- Located in a non‑evacuation and non‑flood zone, with no milestone inspections or structural engineering report required.
- Community amenities include a heated pool, hot tub, sauna, clubhouse with recreational facilities, and a barbecue area.
- HOA fee covers cable, internet, water, sewer, trash, roof maintenance, exterior and common area upkeep, landscaping, and pool/recreation area maintenance.
- New roof completed May 2025 with an updated budget and no assessments.
- Includes a One Year Home Warranty and a transferable HVAC warranty; newer windows installed in 2017.
Overview
This furnished 2-bedroom, 1-bath condo is located in Clearwater, Florida. Situated in a non-evacuation zone, the property is not in a flood zone and does not require milestone inspections or structural engineering reports. The building's roof was replaced in May 2025, and the budget has been updated without assessments. Located on the 2nd floor with minimal stairs, the unit is part of the Winding Creek community. The open-concept living and dining area offers space for relaxation and entertaining. The kitchen features a built-in pantry, countertops, a breakfast bar, and a window providing natural light. The dining area includes a large built-in storage cabinet. Both bedrooms are decorated with custom blinds, painted accent walls, and decor. The furniture is included. Windows were updated in 2017. A One Year Home Warranty is included, and the HVAC system has a transferable warranty. The community includes a heated pool, hot tub, sauna, clubhouse with a pool table and ping pong table, shuffleboard, pickleball, and a barbecue station with picnic tables. HOA fees cover cable, internet, water, sewer, trash, roof maintenance, exterior and common area maintenance, landscaping, and maintenance of the pool area and recreational amenities. Winding Creek is located five miles from Honeymoon Island and close to downtown Dunedin and Clearwater Beach. The property size is 993 square feet.
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 | $24.00 |
| − Vacancy | −$1.5k | −$1.56 |
| EGI | $22.3k | $22.44 |
| − OpEx | −$10.0k | −$10.10 |
| NOI | $12.3k | $12.34 |
993 SF · lease $24.00/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$175.1K
$153.2K – $204.3K
NOI $12,256 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.6K
$243.8K – $325.0K
NOI $19,502 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
JEH FINANCIAL LLC
Corporate Office
library
Grocery & Convenience Store
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7345308
- Latitude
- 28.0318221
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - Move-in ready, furnished 2-bedroom condo with community amenities.
Where is this residential income property located?
The property is located at 2400 WINDING CREEK BOULEVARD 24-203 Clearwater, FL.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Furnished, move‑in ready condo in a desirable Clearwater location.; Located in a non‑evacuation and non‑flood zone, with no milestone inspections or structural engineering report required.; Community amenities include a heated pool, hot tub, sauna, clubhouse with recreational facilities, and a barbecue area.
