Clearwater Multifamily Investment
1102 SUNSET POINT ROAD, Clearwater, FL 33755
New
Commercial Sale, Other - CLEARWATER, FL
Property size:
3,633 SFLot size:
0.42 AcresPrice / SF:
$343/SF- Added:
- May 28, 2026
- Days on Market:
- 2
- Last Refresh:
- May 29 at 2:06 pm
Property Features for 1102 SUNSET POINT ROAD
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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 May 28, 2026
MLS# TB8513340
Listing URL
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.
HighLights
- Strong cash flow & excellent cap rate: Turnkey, professionally managed 6‑unit multifamily property with 5 of 6 units currently occupied, providing immediate income.
- Prime Clearwater location: High‑demand rental corridor near Dunedin and Clearwater, offering easy access to downtown Dunedin's amenities, waterfront parks, and Clearwater Beach.
- Renovated units in great shape: All units have been renovated, ensuring tenant appeal and minimizing immediate maintenance costs.
- Flexible investment strategies: Opportunity to continue operating as a high‑performing income property, increase rents, or live in one unit while generating passive income from others.
- Abundant on‑site parking & owner storage: Ample parking for tenants and additional storage space for the owner.
- Large lot with future potential: Oversized lot offering potential for future expansion or development.
Overview
This six-unit multifamily property is an investment opportunity in Clearwater, located on an oversized lot with on-site parking and an owner storage shed. The professionally managed asset offers cash flow with an excellent cap rate. Five of the six units are currently occupied, providing immediate income, with one vacant unit available. All units have been renovated. The property is suited for investors seeking a turnkey asset in a rental corridor near Dunedin and Clearwater. The layout allows for operating as an income property, increasing rents, or owner occupancy of the primary unit while the remaining units offset expenses. The location provides access to downtown Dunedin restaurants, breweries, shopping, and waterfront parks. It also offers access to Edgewater Drive, Clearwater Beach, major employment centers, beaches, recreation, and entertainment. The property has attracted tenants and has been easy to lease. Additional features include ample parking, a large lot size, owner storage, rental history, and pride of ownership. The property has experienced no flooding or storm-related issues during ownership. This multifamily asset is located in one of Pinellas County’s rental markets.
Property Profile
Location Intelligence
Current Use by Public Records
Delray Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.791725
- Latitude
- 27.990608
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in Clearwater with strong cash flow.
Where is this apartment building located?
The property is located at 1102 SUNSET POINT ROAD Clearwater, FL.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Strong cash flow & excellent cap rate: Turnkey, professionally managed 6‑unit multifamily property with 5 of 6 units currently occupied, providing immediate income.; Prime Clearwater location: High‑demand rental corridor near Dunedin and Clearwater, offering easy access to downtown Dunedin's amenities, waterfront parks, and Clearwater Beach.; Renovated units in great shape: All units have been renovated, ensuring tenant appeal and minimizing immediate maintenance costs.
