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Property profile & analytics
FOR SALE
Senior Housing / Retirement Homes

1245 S Martin Luther King Jr Ave 304 Clearwater, FL 33756

1,120 SF Built 1985
Property ID
US18-4715893
Property summary
AI-generated overview

*New Price* MOVE RIGHT INTO THIS CHARMING 55+ CONDO WITH 2 BEDROOMS, 2 BATHS. COVETED CORNER, TOP-FLOOR UNIT WITH VIEWS PLUS ELEVATOR. SUNSHINE TERRACE HAS MANICURED GROUNDS, HEATED POOL, GAZEBO, CLUBHOUSE, FULL YEAR-ROUND SCHEDULE OF ACTIVITIES. *NON-EVAC ZONE* Tile floors throughout condo. Updated impact resistant PGT windows with transferable warranty (rated for up to 180 mph winds). Upgraded security door. Kitchen has dishwasher, microwave, stove, refrigerator, reverse osmosis water system. All LED lighting, filter shower heads, surge protector in breaker box. A stacked washer/dryer in unit plus extra mini fridge convey. Split bedroom floor plan. Generous storage closets in Florida room and both bedrooms. Additional storage locker located near elevator and trash shoot. Covered assigned parking space #C7. Monthly condo fee includes Cable/Internet, Water/Sewer/Trash, exterior pest control, exterior maintenance of building, roof and grounds. Walking distance to grocery, restaurants, shopping. Only a 10-minute drive to Award Winning Clearwater Beach and 30 minutes to Tampa International Airport. Renting allowed with a minimum of 3 months per lease. One indoor cat is allowed. Transferable home warranty included.

Property profile
Verified
Property type Senior Housing / Retirement Homes
Year built 1985
Total area 1,120 SF
UPID US18-4715893
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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