Listing Courtesy of: 
STELLAR / Balow Realty - Contact: 727-446-1102
STELLAR / Balow Realty - Contact: 727-446-1102 24 Avalon Street 701 Clearwater, FL 33767
Sold (13 Days)
$975,000
Description
MLS #:
U8193674
U8193674
Taxes
$11,733(2022)
$11,733(2022)
Lot Size
0.35 acres
0.35 acres
Type
Condo
Condo
Year Built
2021
2021
Style
Contemporary, Elevated
Contemporary, Elevated
Views
Water, Pool, Park/Greenbelt
Water, Pool, Park/Greenbelt
County
Pinellas County
Pinellas County
Listed By
Rebecca Ormond, Balow Realty, Contact: 727-446-1102
Bought with
Robert Dinan, Homefront Realty
Robert Dinan, Homefront Realty
Source
STELLAR
Last checked Sep 8 2024 at 2:07 AM EDT
STELLAR
Last checked Sep 8 2024 at 2:07 AM EDT
Bathroom Details
- Full Bathrooms: 2
Interior Features
- Split Bedroom
- Furnished
- Elevator
- Storage Rooms
- Window Treatments
- Appliances: Dishwasher
- Appliances: Electric Water Heater
- Ceiling Fans(s)
- Open Floorplan
- Appliances: Disposal
- Appliances: Microwave
- Appliances: Dryer
- Appliances: Exhaust Fan
- Thermostat
- Appliances: Range
- Appliances: Refrigerator
- Appliances: Washer
- Stone Counters
- Eat-In Kitchen
- High Ceilings
- Kitchen/Family Room Combo
Subdivision
- Avalon Club Resort Condo
Lot Information
- Sidewalk
- Level
- Corner Lot
- Flood Insurance Required
- Cleared
- Near Marina
- Near Public Transit
- Floodzone
- Paved
- Landscaped
Property Features
- Foundation: Slab
Heating and Cooling
- Central
- Electric
- Exhaust Fan
- Central Air
Pool Information
- In Ground
- Child Safety Fence
- Heated
- Gunite
- Infinity
- Lighting
- Outside Bath Access
Flooring
- Tile
Exterior Features
- Concrete
- Cement Siding
- Roof: Membrane
Utility Information
- Utilities: Public, Water Connected, Water Source: Public, Bb/Hs Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights
- Sewer: Public Sewer
Parking
- Deeded
Stories
- 8
Living Area
- 999 sqft
Additional Information: Balow Realty | 727-446-1102
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 9/7/24 19:07
What if we now told you that the condo has a garage space & even more impressively has two deeded balconies (nearly 300 total SF between them). These two provide phenomenal views of the Gulf of Mexico, the Beach, as well as the Bay, the heated swimming pool, & even the islands beautiful Park “McKay Playfield”. If only you could imagine owning this along with benefiting from a “zero effort” CASH STREAM rental program located in house with a “best in resort” commission rate of only 20% despite providing 24-hour service!
The owners took a very safe guaranteed program with a “leaseback” earning them $50,000 positive cash flow above all bills (even HOA & property tax) but realized they would have done even better with the more typical 80/20 split due to the 2022 Gross rental income that exceeded expectation by reaching OVER $130,000.
Now imagine those numbers that were produced in 2022 happened during the “rookie inaugural season” for this building! No one can give guarantees, but a reasonable person might project that most resorts receiving rave reviews like the Avalon Club improve after the first full year because they will have a repeat following.
As great an investment as this can be, “best of all” is that your family can use this fabulous condo with no blackout periods & no strict total day limits for your own enjoyment when it is not earning money for you. (Room sizes approximate to be verified by buyer/ condo DOCS attached)
NOTE we learned the leaseback constant cash payment each month was an offer only for Pre-construction buyers. Future owners will have the traditional 80/20 split offered for choosing in house management. Luckily this has provided higher revenue for those owners who elected it in the past anyway.