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42 Somerset Street, Clearwater Beach, FL 33767
$3,500,000
42 Somerset Street, Clearwater Beach, FL 33767View this property at 42 Somerset Street, Clearwater Beach, FL 33767
42 Somerset StreetClearwater BeachFL33767
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Property 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!
Full Property Details
Full Property Details for 42 Somerset St
General
- Price: $3,500,000
- Taxes: $11,228 (2023)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: U8255576
- Updated: 9/3/2024
- Added to Site: 13 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Furnishings: Turnkey
- Flooring: Tile
Rooms
Other Rooms
- Laundry: Laundry Closet, Outside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Fenced, Outdoor Grill
Parking
- Parking Features: Off Street
Location
- Area: 33767 - Clearwater/Clearwater Beach
- County: Pinellas
- Development Name: 33767 - Clearwater/Clearwater Beach
- Subdivision: MANDALAY UNIT 5 REP
- Driving Directions: Heading North on Mandalay, go East on Somerset. Property will be on the left.
Community
- Community Name: 33767 - Clearwater/Clearwater Beach
- Pet Restrictions: Verify any pet restrictions with municipality.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Windows: Blinds, Window Treatments
- Stories/Levels: One
- Square Feet: 2,734
- Sq. Ft. Source: Public Records
- Year Built: 1950
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,432
- Lot Size: 6432
- Lot Dimensions: 60 x 110
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $11,228.16
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MANDALAY UNIT NO. 5 REPLAT BLK 83, LOT 7 AS DESC. IN PL 20 PG 27
- Flood Zone Info: AE
- Disclosures/Reports: Lead Paint, Seller Property Disclosure
- APN: 52915547560830070
- Property ID: 52915547560830070
- Block/Lot/Section: 83
Listed by Engel & Volkers Belleair
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Schools
Schools serving 42 Somerset St
School District:Pinellas County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1360 Sandy Ln, Clearwater, FL 33755 | K-5 | 2.7 mi | |
70 Patricia Ave, Dunedin, FL 34698 | 6-8 | 3.1 mi | |
540 S Hercules Ave, Clearwater, FL 33764 | 9-12 | 4.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42 Somerset St
Date
Details
Price
Change
Source
9/03/2024
Listed
$3,500,000
403.6%
MLS
7/31/2006
Sold
$695,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 42 Somerset St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,228
13%
$695,000
22%
2022
$9,899
11%
$570,000
30%
2021
$8,942
—
$440,000
-17%
2021
$8,942
-6%
$530,000
25%
2019
$9,474
14%
$424,589
10%
2018
$8,336
10%
$385,990
-5%
2017
$7,564
14%
$408,000
25%
2016
$6,661
8%
$326,000
12%
2015
$6,140
7%
$290,000
7%
2014
$5,751
7%
$270,500
8%
2013
$5,374
—
$250,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 42 Somerset St
42 Somerset Street, Clearwater Beach, FL 33767 (MLS# U8255576) is a Duplex property with 0 bedrooms and 0 full bathrooms. 42 Somerset Street is currently listed for $3,500,000 and was received on September 03, 2024. Want to learn more about 42 Somerset Street? Do you have questions about finding other Duplex real estate for sale in Clearwater Beach? You can browse all Clearwater Beach real estate or contact a Coldwell Banker agent to request more information.