For Sale
$975,000

600 Bayway BlvdClearwater, FL 33767

Income-producing waterfront condo, stunning views.

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • Luxury 3-bedroom top-floor condo with Clearwater Bay panoramic views and private boat lift.
  • Ideal for Airbnb and vacation rentals due to flexible rental policies.
  • Master suite features floor-to-ceiling windows, balcony access, and spa-like bathroom; all bedrooms offer tranquil escapes.
  • Recently updated with new flooring, A/C, water heater, light fixtures, and fresh paint; open floor plan with abundant natural light.
  • Fully furnished and located a 2-minute walk from Clearwater Beach, with nearby dining, shopping, and entertainment.

Property Details for 600 Bayway Blvd

Property type
Specialty properties, Mixed-use properties
Square Feet
1,850 SF
Year Built/Renovated
2007/2021
Units
1

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9682016
Longitude
-82.826572
600 Bayway Blvd, Clearwater, Florida

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600 Bayway Blvd
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