600 Bayway BlvdClearwater, FL 33767

Property Details for 600 Bayway Blvd

Year built

2007

Property size (Sq ft)

1,850 SF

Property type

Specialty properties

Property subtype

Mixed-use properties

Description

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.

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9682

Longitude

-82.8266

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