Multifamily Rental Building with
For Sale
$875,000
Pending
411 PLEASANT St, Clearwater, FL 33755
Five-unit rental building offers a mix of 1-bedroom, 2-bedroom, and efficiency apartments plus an on-site community pool.
Days on Market51
Property Features for 411 PLEASANT St
General Information
Standard status
Pending
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
5
Building Details
Year Built
1951
Tenancy
Multi
Listing Agency:
Remax Advantage Realty
(727) 415-0922
Listed By:
Michael Constantine · License #3278539
(727) 415-0922
Source:
Elliman
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 23 at 10:00AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
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
