400 S METEOR Ave Clearwater, FL 33765

Building Details

Year Built

1969

Listing Agency Charles Rutenberg Realty, Inc l***@gmail.com Show Phone

Listed by Gail Johnston · License #599968 Show Phone

Source Elliman

Added: Apr 24 Checked: Jul 10 at 1:19 pm

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Investment Insights

Based on property information with market context.

This multifamily property in Clearwater features six units: one 2-bedroom/2-bath unit, one 1-bedroom/2-bath unit, and four 1-bedroom/1-bath units. All units have been updated and are currently occupied. Constructed of concrete block, the building offers durability and requires minimal immediate maintenance. The property is located in a high-demand area, minutes from US-19, providing convenient access to Tampa and St. Pete. The location is also near the revitalized Downtown Clearwater, The Sound at Coachman Park, and Clearwater Beach. The property has consistent high occupancy rates and reliable rental income. Tenants benefit from convenient access to local dining, shopping, and major employment hubs such as Morton Plant Hospital. The property includes a laundry room equipped with washers and dryers accessible via a user-friendly cell phone application. Electric is separately metered for each unit. The property is very bikeable with a bike score of 70 and very walkable with a walk score of 73. The transit score is 33, indicating some transit options are available. This property is suited for investor portfolio expansion.

Key Highlights

• Turnkey 6‑Plex Income Machine: Fully updated and consistently occupied units provide immediate ROI.
• Strategic Central Clearwater Location: Minutes from US‑19, Downtown Clearwater, Coachman Park, and Clearwater Beach.
• Desirable Unit Mix: Features a mix of 2‑bed/2‑bath, 1‑bed/2‑bath, and 1‑bed/1‑bath units, catering to a broad tenant base.

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FAQs

What type of property is this?

Apartment building - Turnkey 6-unit multifamily property in central Clearwater with upside potential.

Where is this apartment building located?

The property is located at 400 S METEOR Ave Clearwater, FL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Turnkey 6‑Plex Income Machine: Fully updated and consistently occupied units provide immediate ROI.; Strategic Central Clearwater Location: Minutes from US‑19, Downtown Clearwater, Coachman Park, and Clearwater Beach.; Desirable Unit Mix: Features a mix of 2‑bed/2‑bath, 1‑bed/2‑bath, and 1‑bed/1‑bath units, catering to a broad tenant base.