000 Clearwater Clearwater, FL 33765

Property Details for 000 Clearwater

Property type

Apartment buildings

Description

This exceptional 20-unit multifamily investment property is situated in Clearwater, Florida, within the Tampa/St. Petersburg area. The property boasts a prime location offering convenient access to shopping, dining, schools, and other essential amenities. Its strategic placement on a secondary road near a major highway ensures excellent visibility and accessibility. The complex comprises three buildings: two two-story apartment buildings and a separate duplex, totaling 14,433 square feet of net rentable space on a 32,400 square foot lot. The unit mix includes sixteen one-bedroom/one-bathroom units, three two-bedroom/one-bathroom units, and one three-bedroom/two-bathroom unit. Significant improvements were completed in 2023, including a new roof and renovations to all apartment units. Individual utility metering is in place for efficient management. Residents enjoy a refreshing pool with a patio area and the convenience of an on-site laundry facility. Ample paved parking and well-maintained landscaping enhance the property's curb appeal. Built in phases between 1957, 1971, and 1985, this property presents a compelling investment opportunity in a thriving Florida market. The property is classified as Class B. Financial details are available upon request.

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Longitude

-82.7428

Latitude

27.9765