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Renovated 6-Unit Multifamily Property
For Sale
$1,199,000

1102 SUNSET POINT Rd, Clearwater, FL 33755

Renovated six-unit building with parking and storage, with five units occupied and one available for showings.

Property SizeContact for details
Days on Market63

Property Features for 1102 SUNSET POINT Rd

General Information

Standard status Active
Property subtype Commercial
Occupancy 83%

Additional Details

Multifamily Units 6

Building Details

Year Built 1946
Tenancy Multi
Listing Agency: Engel & Völkers Belleair
Listed By: Kristin Hallamek · License #3141669
Source: Elliman
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 23 at 9:56AM

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 Engel & Völkers Belleair

Investment Insights

Based on property information with market context.

This for-sale 6-unit multifamily property offers a straightforward income setup, with five of six units currently occupied and one vacant unit available for easy showings. The units have been renovated, and the property is professionally managed. Improvements also include abundant on-site parking and an owner storage shed on an oversized lot.

The building is located in Clearwater, with quick access described to downtown Dunedin restaurants, breweries, shopping, and waterfront parks. The remarks also note convenient access to Gulf Coast amenities, including Edgewater Drive for sunsets and easy reach to Clearwater Beach. Bike, walk, and transit scores are provided as 71 (very bikeable), 38 (car-dependent), and 32 (some transit).

For tenants and buyers, the combination of renovated interiors, on-site parking, and on-property storage supports day-to-day livability and operational convenience. The asset is presented as turnkey from an ownership and leasing standpoint, with the recorded ownership history indicating no flooding or storm-related issues during ownership.

Key Highlights

  • Renovated 6‑unit multifamily building on an oversized lot (built in 1946)
  • Five of 6 units currently occupied; 1 vacant unit available for easy showings/owner occupancy
  • Abundant on‑site parking plus additional owner storage shed

Property Analytics

Current Use

Delray Apartments Apartment Building

Suggested Use

Top Pick Hair Salon Law Firm Nail Salon Spa & Massage Center Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
83.3%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby

Demographics for 33755, FL

28,360
Population
11,872
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$59,613
Median Household Income
$36,206
Median Earnings
$1,340
Median Rent
$300,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated six-unit building with parking and storage, with five units occupied and one available for showings.
Where is this apartment building located?
The property is located at 1102 SUNSET POINT Rd Clearwater, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Renovated 6‑unit multifamily building on an oversized lot (built in 1946); Five of 6 units currently occupied; 1 vacant unit available for easy showings/owner occupancy; Abundant on‑site parking plus additional owner storage shed
More about this property
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