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Clearwater Multifamily Investment Opportunity

1429 LAURA St, Clearwater, FL 33755

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For Sale

$799,000

Stabilized 5-unit apartment community near Clearwater beaches.

Type:Investment

HighLights

Great Location on Major Hwy
Rustic and Ready
Various types of businesses will fit
Over 2 Acres
Fully furnished with equipment, tables, chairs etc.
Turn Key Operations

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Listing Contact

Frank Brito

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For Sale

$799,000

Stabilized 5-unit apartment community near Clearwater beaches.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 61
Last Refresh:: Apr 24 at 3:51 pm

Property Features for 1429 LAURA St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1956

We can help!

Listing Contact

Frank Brito

Listing agent Frank Brito License #3542409

Listing office MPGFL TAMPA LLC

Listing date Apr 24, 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 MPGFL TAMPA LLC

HighLights

Great Location on Major Hwy
Rustic and Ready
Various types of businesses will fit
Over 2 Acres
Fully furnished with equipment, tables, chairs etc.
Turn Key Operations

Overview

This stabilized 5-unit multifamily apartment community is located in the rapidly growing Clearwater area of Tampa Bay MSA. The property is situated minutes from Clearwater’s beaches, Downtown Clearwater, and major highways. Over $150,000 in capital expenditures have been invested, including a new roof, hurricane impact windows, a new main sewer line, exterior paint, exterior fencing, landscaping, and full interior renovations. Interior renovations include white shaker cabinets, quartz countertops, stainless steel appliances, luxury vinyl flooring, and tiled shower bathrooms. The unit mix consists of four 1-bedroom/1-bathroom units and one studio/1-bathroom unit. The current rent roll is $7,740, with a 7 CAP rate upon takeover. The net operating income (NOI) is $60,433. The bike score is 60, indicating it is bikeable, the walk score is 70, indicating it is somewhat walkable, and the transit score is 34, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Clearwater
County: Pinellas
State: Florida
Longitude: -82.7780899
Latitude: 27.9661817

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For sale
Apartment buildings
FL
Clearwater
33755
1429 LAURA St

What type of property is this?

Apartment building - Stabilized 5-unit apartment community near Clearwater beaches.

Where is this apartment building located?

The property is located at 1429 LAURA St Clearwater, FL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit

1429 LAURA St, Clearwater, FL 33755

Stabilized 5-unit apartment community near Clearwater beaches.

Property Features for 1429 LAURA St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

First-Floor Office Condo Suites

Clearwater Office on US Highway

Two-Story Office Building with Parking

Renovated Commercial Building in Clearwater

Clearwater Stand Alone Office Building

Clearwater Mixed-Use Development Opportunity

Renovated 6-Unit Multifamily with Parking

Clearwater Multifamily Investment Opportunity

Clearwater Office Building For Sale

Clearwater Commercial Building For Sale

Iconic Office Building For Sale

Clearwater Office Property on Harrison

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