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Renovation-Needed Quadplex with Pool

580 Bay Esplanade, Clearwater Beach, FL 33767

For Sale
$2,000,000

Quadplex with waterview, pool and spa, and beach access nearby, offered as renovation or development site.

Property Size3,189 SF
Price / SF$627.16
Days on Market142

Property Features for 580 Bay Esplanade

General Information

Standard status Active
Size 3,189 SF

Additional Details

Multifamily Units 4

Building Details

Year Built 1953
Listing Agency: VIEWPOINT REALTY INTERNATIONAL
Listed By: Georgette Gillis · License #3006422
Source: Livewelltampabay
Added: Jun 21 Changed: Oct 25 Last Checked: Oct 7 at 5:37PM

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 VIEWPOINT REALTY INTERNATIONAL

Rey
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Investment Insights

Based on property information with market context.

This quadplex includes four units, with potential to reconfigure to five units, subject to the applicable approvals. The property is described as needing total renovation, or could be considered as an alternative development site. Amenities include a pool and spa, and the property has a waterview.

The site is across the street from the public access of the intercoastal, and the remarks also indicate it is within walking distance to the beach. Public tennis courts are noted nearby.

For buyers and investors, the layout offers a straightforward multifamily configuration, with an identified opportunity to explore additional unit capacity. Because the property is positioned as renovation-ready only in its current condition, it may appeal to operators with redevelopment experience. The owner would possibly consider financing, which could be relevant for qualified purchasers looking to structure the transaction.

Key Highlights

  • Quadplex with waterview and pool and spa
  • Offered as a renovation or development site; needs total renovation
  • Across the street from public access to the intracoastal

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

930
Businesses Nearby

Demographics for 33767, FL

8,462
Population
8,806
Households
1
Avg Household Size
64
Median Age
55%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
4,231
Density / Sq Mi
$105,662
Median Household Income
$76,977
Median Earnings
$2,033
Median Rent
$704,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Pinellas County, FL

$475 Jul
$459 Aug
$462 Sep
$461 Oct

Properties on Market for Quadplexes in Pinellas County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex with waterview, pool and spa, and beach access nearby, offered as renovation or development site.
Where is this quadplex located?
The property is located at 580 Bay Esplanade Clearwater Beach, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Quadplex with waterview and pool and spa; Offered as a renovation or development site; needs total renovation; Across the street from public access to the intracoastal
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