716 Riverside Dr

• Waterfront Location: Direct waterfront access significantly increases property value • Swimming Pool: Pool adds recreational value and is desirable in this climate • Dock: Dock provides direct access to the water for boating and other activities • Waterfront Property • Swimming Pool • Dock • Price Position: At $280.02/sqft, the property is priced higher than the median price per sqft in the area ($258.00). • Appreciation Trend: Insufficient data to determine historical appreciation for this specific property. However, waterfront properties generally maintain value well. • Rental Income: $2,123/month with 90% occupancy (3.5% cap rate) • Schools: High elementary school rating likely adds a 5-7% premium for families with young children. The average middle and high school ratings may temper overall property value appreciation compared to areas with consistently high-performing schools. • Future Development: The property description mentions proximity to historic downtown, the sponge docks, Fred Howard Beach, Sunset Beach, and the Pinellas Trail, suggesting limited large-scale development directly adjacent, but ongoing tourism and recreational investment. • Natural light appears good in the front rooms based on exterior shots. Interior light is difficult to assess due to the lack of finished walls and ceilings. • Layout is currently difficult to assess due to the gutted interior. The presence of multiple bathrooms and a large living area suggests a potentially functional layout once renovated.