05 Jun Real Estate Investments in Clearwater Florida
Pinellas County continues to see a rise in year over year sale prices and months supply of inventory. The Average Sale Price for Single Family Homes rose from $337,348 in March 2018 to $343,150 in March 2019. The Average Sale Price for Townhome/Condo was $316,268 in March 2019, up 42.7% from $221,579 in March 2018.
The median rental rate for 2 bedrooms 1 bath, 875 sq. ft. is $1,550.00 per month. Monthly rental rate average increase year over year was 7% with property value increases of 5.1%.
Located 40 minutes from Tampa and St. Petersburg, this beach is pristine in every sense of the word. Three miles of white, pillowy sand, complemented by the crystal clear water, swaying palm trees and the almost always sunny weather has made Clearwater Beach one of the best beaches of all time, earning it the No. 1 spot on this list for the second time in three years. It is the only American beach on the top 10 list for the world! Invest with us today and grow your portfolio.
Author: Al Crisp