1102 SUNSET POINT ROAD Clearwater, FL 33755
Other - CLEARWATER, FL
Property Features for 1102 SUNSET POINT ROAD
General Information
- Property type
- Other
- Property subtype
- Quadruplex
- Bedrooms
- 7
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Exterior features
- Lighting
- Appliances
- Microwave, Refrigerator
- Standard status
- Active
- APN
- 03-29-15-88092-000-0230
- Size
- 3,633 SF
- Lot size
- 0.42 Acres
Utilities
- Heating system
- Central, Ductless (Heating)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1946
- Flooring type
- Laminate, Other, Tile
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Kristin Hallamek (727) 642-7985
Listing office Engel & Völkers Belleair 2510 West Bay Drive, Belleair Bluffs, FL (727) 461-1000
Listing date Jul 1, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Clearwater, Florida in Pinellas County at 1102 Sunset Point Road, the setting is positioned for convenient access to area dining, shopping, and recreation. Public remarks reference quick access to downtown Dunedin restaurants, breweries, shopping, and waterfront parks, along with Gulf Coast sunsets along Edgewater Drive. The property is also described as having easy access to Clearwater Beach.
For tenants and operators, the property’s renovated condition, parking availability, and existing occupancy support straightforward in-place management. The flexible layout noted in the remarks may appeal to investors seeking an income-producing residential asset, as well as owners who want the option to live in a larger primary unit while collecting rent from the remaining units.
Key Highlights
- 6‑unit multifamily property with 5 of 6 units currently occupied and 1 vacant unit for easy showings
- All units have been renovated, according to the listing
- Oversized lot with abundant on‑site parking
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.2k | $24.00 |
| − Vacancy | −$5.7k | −$1.56 |
| EGI | $81.5k | $22.44 |
| − OpEx | −$36.7k | −$10.10 |
| NOI | $44.8k | $12.34 |
