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 Clearwaters most accessible and growing corridors.
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 Clearwaters most accessible and growing corridors.
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
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