1132 Auburn St, Clearwater, FL 33756
Well-maintained 15-unit complex near Missouri Ave Business District.
- Added:
- Mar 16, 2026
- Days on Market:
- 105
- Last Refresh:
- Mar 19 at 11:47 pm
Property Features for 1132 Auburn St
General Information
- Standard status
- Active
- Size
- 14,464 SF
- Property subtype
- Multifamily
Listing office WC Equity Group
Listing date Mar 16, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of WC Equity Group
HighLights
- Brand new roof (2024) and new fire alarm system.
- Historically 100% occupied, demonstrating consistent performance.
- Strong unit mix of nine 1‑bedroom and six 2‑bedroom apartments.
- Value‑add potential with a large rear yard suitable for boat/RV storage income.
- Well‑maintained 15‑unit complex in a highly desirable Clearwater location.
- Renovated units with tile flooring upgrades and updated A/C systems.
Overview
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 | $347.1k | $24.00 |
| − Vacancy | −$22.6k | −$1.56 |
| EGI | $324.6k | $22.44 |
| − OpEx | −$146.1k | −$10.10 |
| NOI | $178.5k | $12.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.789137
- Latitude
- 27.9337795
