Thinking of owning a condo that you can rent daily or weekly on Clearwater Beach? Surprisingly there are only a handful of condo communities in the 33767 (North Beach, Clearwater Beach, Sand Key, Island Estates) zip code that allow owners to rent there condo weekly. Most of the condo communities are zoned for 1 month, 3 month or longer lease terms. In this report I list a couple of short term condo buildings that will help you get started in your search. To help you navigate these and all of the condo communities on the beach as well as take a look at pricing and amenities on the beach download a free copy and first of its kind real estate and condo guide here www.clearwatercondoguide.com
3 Popular Short Term Rental Communities that rent well, are managed well and have some great amenities:
1-Crescent Beach Club- 14 day minimum on Sand Key Beach, 1310-1340 Gulf Blvd
2-Lighthouse Towers- 14 day minimum on Sand Key Beach, 1290 Gulf Blvd
3-Dockside Condos- weekly rental permitted located across from Opal Sands (most units come with boat slips), 445 Hamden Dr
Rental income potential is at the top of list for everyone looking to buy and rent a condo on the beach. When you find a unit that interests you and would like to have a thorough rental income analysis call or text me with the address of the unit.
The Condo Hotel. Condo Hotels may be a great way for you to enter the market here especially if you are in a lower price range of $250k-$400k. Pelican Pointe located at 445 Gulf View Blvd next to Dockside Condos is a popular condo hotel. There can be restrictions on how and when you can use these units and many of them require you to use the onsite rental company to book the units. These units are typically smaller in size usually from 300 to 600 square feet. If you want more info on just condo hotel type units’ email or text me at 727-686-1596 for a report.
Have you ever considered owning a townhome on the water that rents daily? Clearwater has some of the nicest townhome communities on the water that I often recommend to buyers looking to get in the market. With a little more information from you I can start sending you these listings. I know of an off-market townhome on Clearwater Beach. There are 8 units in the community, all have a 2-car garage and a boat slip. They allow 2-day rentals and rent for $300-$500/night. It is a 3/2.5 1700sf, asking $689,900. If you have interest, I can send you photos and more info. Also, a single-family pool home 1 block to the beach, 4/3 asking $925,000. This one is a legal weekly rental and NETS almost $100k/year.
What about other beach communities? If you travel south on Gulf Blvd from Clearwater Beach you will run into Indian Rocks, Indian Shores, Madeira Beach and Treasure Island. There are weekly and short-term rental condos here as well. If you have had the chance to visit these cities, you know the different energy and atmosphere each one has. Clearwater is at the top of the list yes, but these are excellent communities as well. Treasure Island and Madeira Beach are busier than Indian Rocks which is more laid back. Each offers its own appeal to renters, some who like the busier areas and some who prefer the quiet.
Interesting Fact! I would like to point out that the Clearwater Beach rental market is strong all year long. Even if you do not have a weekly rental, the chance of renting your unit is exceptionally good. An updated unit in a good location will rent for 1-3-6 even 12 months at a time. I have several clients I do this for now and can help you with what buildings perform the best. Just call or text me at 727-686-1596 anytime for a rental income analysis. The more information I have the more successful we will all be in finding you your dream home on the beach.
I hope this information was helpful. Please feel free to share your comments below and call/text me anytime to talk more. I would love to help. If you have a minute take a fun rollerblading tour of Clearwater Beach with me at www.RollerbladingRealtor.com
See you on the beach!
Kristin Vincelli, Real Estate Advisor
Certified Luxury Specialist and Real Estate Negotiation Expert
Cell: 727-686-1596
Kristin@TomSmithTeam.com
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