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.


Property

Website:https://www.nestseekers.com/5512436
Address:
CLEARWATER, FL 33756
Ownership: Fee Simple
Type: Unknown
Lot Size: 1.0 Acres

Financials

Price:$2,899,000
Annual Taxes:$33,640.11

Description

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, 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.

Amenities

  • Kitchen Family Room Combo
  • Lighting
  • Open Floorplan
  • Public
  • Sewer Connected
  • Solid Wood Cabinets
  • Street Lights
  • Thermostat

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of BLUE PEAK REALTY LLC

CLEARWATER FL 33756 USA