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Multifamily Rental Building with Pool

411 PLEASANT St, Clearwater, FL 33755

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For Sale

$875,000

Five-unit rental building offers a mix of 1-bedroom, 2-bedroom, and efficiency apartments plus an on-site community pool.

Type:Investment

HighLights

Sold as 409 and 411 Pleasant Street (combined), a five‑unit rental building built in 1951
Unit mix: three 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one efficiency apartment
Approx. $72,000 in current annual rental income from long‑term tenants
On‑site community pool for tenants and guests
About 5–10 minutes to Clearwater Beach, with nearby shopping, dining, and tourist attractions

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Listing Contact

Michael Constantine

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For Sale

$875,000

Five-unit rental building offers a mix of 1-bedroom, 2-bedroom, and efficiency apartments plus an on-site community pool.

Type:Investment

Added:: Jun 12, 2026
Days on Market:: 4
Last Refresh:: Jun 13 at 3:52 am

Property Features for 411 PLEASANT St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1951

We can help!

Listing Contact

Michael Constantine

Listing agent Michael Constantine License #3278539

Listing office Remax Advantage Realty

Listing date Jun 12, 2026

Source Elliman

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 Remax Advantage Realty

HighLights

Sold as 409 and 411 Pleasant Street (combined), a five‑unit rental building built in 1951
Unit mix: three 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one efficiency apartment
Approx. $72,000 in current annual rental income from long‑term tenants
On‑site community pool for tenants and guests
About 5–10 minutes to Clearwater Beach, with nearby shopping, dining, and tourist attractions

Overview

This five-unit multifamily property is being offered as 409 and 411 Pleasant Street sold together. The rental mix includes three 1-bedroom/1-bath apartments, one 2-bedroom/1-bath apartment, and one efficiency unit. Tenants and guests can use a community pool on site, supporting a more complete residential experience for both residents and visitors.

The property is described as being steps from the ocean, with access to the area’s daily and visitor-oriented amenities. Clearwater Beach is noted as approximately 5–10 minutes away, and the remarks also indicate proximity to major shopping, dining, entertainment, and popular tourist attractions. WalkScore and bikeScore are listed as 61 and 70, respectively, with transitScore at 49.

For an owner seeking a small, diversified rental portfolio, the unit mix provides multiple apartment types within one building configuration. Current annual rental income is approximately $72,000 from long-term tenants, providing an established base for the property. The remarks also indicate that rental options could change depending on an owner’s preferences, which may influence future leasing strategy.

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Local Demand

City: Clearwater
County: Pinellas
State: Florida
Longitude: -82.7966323
Latitude: 27.9839552

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For sale
Apartment buildings
FL
Clearwater
33755
411 PLEASANT St

What type of property is this?

Apartment building - Five-unit rental building offers a mix of 1-bedroom, 2-bedroom, and efficiency apartments plus an on-site community pool.

Where is this apartment building located?

The property is located at 411 PLEASANT St Clearwater, FL.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: Sold as 409 and 411 Pleasant Street (combined), a five‑unit rental building built in 1951; Unit mix: three 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one efficiency apartment; Approx. $72,000 in current annual rental income from long‑term tenants