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Property profile & analytics
OFF-MARKET
Commercial real estate

600 Bayway Blvd Clearwater, FL 33767

1,850 SF Built 2007
Property ID
US18-7779413
Property summary
AI-generated overview

This exceptional 1,850 square foot, fully furnished condo, located at 600 Bayway Blvd Unit 504 in Clearwater, Florida, presents a unique investment opportunity. Built in 2007 and renovated in 2021, this top-floor unit boasts breathtaking panoramic views of Clearwater Bay and includes a private boat lift. The property features three bedrooms, including a sophisticated master suite with floor-to-ceiling windows, balcony access, and a spa-like bathroom with dual vanities, a soaking tub, and a glass-enclosed shower. The open floor plan seamlessly connects the kitchen, dining, and living areas, all bathed in natural light. Recent upgrades include new flooring, an upgraded A/C system, a modern water heater, stylish light fixtures, and fresh paint throughout. Its prime location offers easy access to the award-winning Clearwater Beach and a variety of dining, shopping, and entertainment options. The flexible rental policies make it ideal for Airbnb and vacation rentals, generating a strong pro-forma NOI of $50,000 and a 5.13% pro-forma cap rate. This income-producing property is listed at $975,000, with a price per square foot of $527.03. The APN is 08-29-15-03466-000-5040. This is a turnkey opportunity to own a luxurious waterfront property with significant investment potential.

Property profile
Verified
Property type Commercial real estate
Year built 2007
Total area 1,850 SF
APN 08-29-15-03466-000-5040
UPID US18-7779413
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
Current use
Occupant on record · Public records
  • Vicki's Florida Beach Condos Condominium Complex Resort Hotel
  • Bay Harbor Condominium Complex
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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