Well-maintained 15-unit multifamily complex in a highly desirable Clearwater location just minutes from the Missouri Ave Business District, Largo schools, and public transportation. This property features a strong unit mix of nine 1-bedroom and six 2-bedroom apartments across one- and two-story concrete block/stucco buildings. The complex offers 24 parking spaces,… Read More a guest laundry room, and a large rear yard with value-add potential. The expansive backyard provides an excellent opportunity to generate additional income through boat and RV storage. Historically 100 occupied, this property has demonstrated consistent performance. The current owner has renovated several units, including tile flooring upgrades and updated A/C systems. Major capital improvements include a brand-new roof (2024) and a new fire alarm system servicing the entire complex.
Solid block construction, strong rental history, and additional income potential make this a compelling investment in one of Clearwater’s most accessible and growing corridors. Read Less
Courtesy of BLUE PEAK REALTY LLC 727-777-7100
Listing Snapshot
Days Online
2
Last Updated
Property Type
Multi-Family 5+
Square Ft.
12,036
Lot Size
0.95 Acres
Year Built
1981
MLS Number
O6387667
Additional Details
Property Access
Road Surface: Asphalt
Building
Built in 1981, Living area: 12036, Living area units: Square Feet, Construction Materials: Block
Community
Street Lights
Cooling
Central Air
Exterior Features
Lighting
Foundation
Block
Heating
Central
Income
Gross Income: $305,028
Interior Features
Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat
Laundry
Common Area, Laundry Room
Lot
0.95 acres, Dimensions: 210x210
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 27-29-15-00000-240-1600, Public Survey Range: 15, Public Survey Section: 27, Annual Amount: $33,640.1, Tax Block: 240, Tax Book Number: 27-31, Legal Description: PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM NW COR OF SE 1/4 OF NW 1/4 OF SEC TH S 640FT TH E 670FT FOR POB TH E 210FT TH N 210FT TH W 210FT TH S 210FT TO POB LESS R/W ON W PER O.R. 9153/1110, Lot: 1600, Year: 2025, Zoning: RM-15
Utilities
Public, Sewer Connected, Water Source: Public, 15 separate electric meters
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