42 SOMERSET STREET,CLEARWATER BEACH,Pinellas,Residential Income

$ 3,500,000
Active

Overview

  • Updated On:
  • December 26, 2024
  • 2,734 ft2

Description

Exceptional & rare short-term rental opportunity with a prime Clearwater Beach location! Discover unparalleled profitability with this stunning short-term rental property well-suited for large group vacations, and ideally situated just 150 steps from the pristine sands of Clearwater Beach, one of the top beach destinations in the entire United States. This unique offering features two separate, fully updated cottages, perfectly designed for versatile accommodations. The front cottage features 7 bedrooms (two of them are suites with an additional attached extra room with their own door for extra privacy) and four bathrooms, while the back cottage has 3 bedrooms and two bathrooms. Both buildings have wood-look tile throughout, updated kitchens with granite counters. The backyard in-ground pool offers hours of fun, and two sets of washers & dryers provide convenience. Clearwater Beach is a high demand tourist area. This property is close to the shops and restaurants of Clearwater Beach. Zoned “Tourist”, so nightly rentals are allowed. Capitalize on this rare opportunity to own a highly profitable short-term rental property in one of Florida’s most coveted beach destinations. Your gateway to exceptional rental income and beachside bliss awaits!

Address: 42 SOMERSET STREET
State/County:
Zip: 33767
Country: US

Property Id: 100076
Price: $ 3,500,000
Property Size: 2,734 ft2
Property Lot Size: 0 ft2
Bridge Modification Timestamp: 2024-12-13T22:49:04.941Z
Building Area Total: 2998
Construction Materials: Block
Contract Status Change Date: 2024-09-03
Cooling: Central Air
Cumulative Days On Market: 101
Days On Market: 101
Directions: Heading North on Mandalay, go East on Somerset. Property will be on the left.
Flooring: Tile
FoundationDetails: Slab
Furnished: Turnkey
Heating: Central
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Laundry Closet,Outside
LeaseConsideredYN: 1
Levels: One
ListAOR: Pinellas Suncoast
ListAgentAOR: Pinellas Suncoast
ListAgentEmail: [email protected]
ListAgentFullName: Cammie Whalen
ListAgentKey: 43452503aecd1af63e722880e00d1f27
ListAgentMlsId: 260037270
ListAgentPreferredPhone: 727-902-3090
ListOfficeKey: df3de32626d6bfd0ac808998704a7062
ListOfficeMlsId: 260030438
ListOfficeName: ENGEL & VOLKERS BELLEAIR
ListOfficePhone: 727-461-1000
ListingContractDate: 2024-08-30
ListingId: U8255576
ListingKeyNumeric: 735450125
ListingTerms: Cash,Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: In County,Landscaped,Level
LotSizeArea: 6432
LotSizeDimensions: 60 x 110
LotSizeSquareFeet: 6432
LotSizeUnits: Square Feet
MLSAreaMajor: 33767 - Clearwater/Clearwater Beach
MlsStatus: Active
ModificationTimestamp: 2024-12-13T22:35:05.360Z
NumberOfBuildings: 2
NumberOfUnitsTotal: 2
OnMarketDate: 2024-09-03
OriginalEntryTimestamp: 2024-09-04T00:15:33.067Z
OriginalListPrice: 3500000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 052915547560830070
ParkingFeatures: Off Street
PetsAllowed: Yes
PhotosChangeTimestamp: 2024-10-10T02:52:14.634Z
PhotosCount: 20
PoolFeatures: Gunite,In Ground
PostalCodePlus4: 1543
PropertyCondition: Completed
RoadFrontageType: Street Paved
RoadSurfaceType: Paved,Asphalt
Roof: Shingle
STELLAR_AdditionalLeaseRestrictions: Verify with municipality.
STELLAR_AlternateKeyFolioNum: 052915547560830070
STELLAR_AnnualNetIncome: 222254
STELLAR_CalculatedListPriceByCalculatedSqFt: 1280.18
STELLAR_CurrentPrice: 3500000
STELLAR_DPRURL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8255576?w=Agent&skip_sso=true
STELLAR_DPRURL2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8255576?w=Customer
STELLAR_FloodZoneCode: AE
STELLAR_ListOfficeContactPreferred: 727-461-1000
STELLAR_ListOfficeHeadOfficeKeyNumeric: 1039150
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MinimumLease: No Minimum
STELLAR_MlsMajorChangeType: New Listing
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com,International MLS,Realtor.com,Zillow Rental,SkySlope Offers
STELLAR_PetRestrictions: Verify any pet restrictions with municipality.

Other Features
Ceiling Fan(s)
Dishwasher
Dryer
Fenced
Has a View
Has Cooling System
Has Heating System
Has Pool
Microwave
Outdoor Grill
Primary Bedroom Main Floor
Range
Refrigerator
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Tankless Water Heater
Washer
Window Treatments

$ 17,945.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 13,570.19

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