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Exceptional Turnkey Investment Opportunity in Clearwater. Here is a hassle-free investment with this outstanding double-duplex package, strategically located in Clearwater. This offering includes two fully renovated duplexes—comprising four income-producing units—that are primed for immediate cash flow and long-term portfolio growth. Each unit features a thoughtfully designed layout, offering 2 bedrooms and 1 bath across 700+ square feet of modernized living space. High-end upgrades include marble countertops and stainless steel appliances. The contemporary bathrooms and updated finishes ensure a low-maintenance experience for both tenants and property owners. Positioned side by side, the duplexes operate with separate electric meters for each unit, allowing tenants to manage their own utilities. Fully leased and professionally maintained, this property is the ideal choice for investors seeking dependable, passive income with minimal management requirements. Located near the St. Pete/Clearwater Airport, top-rated golf courses, and offering quick access to Tampa, these duplexes are in a high-demand rental market. This prime location maximizes tenant retention and rental growth potential. Don’t miss this rare opportunity to acquire two fully leased, turnkey properties in one of Clearwater's most desirable areas. This package is a valuable addition to any investor's portfolio.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$880,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $704,000 | $704,000 | $704,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.701% |
Monthly Tax Payment | $401 | $401 | $401 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,625 | $4,508 | $6,133 |
Total Monthly Payment | $5,118 | $5,001 | $6,626 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.