1190 Grove St Clearwater, FL 33755
- Residential income homes
- 4,149 SF
Current Use by Public Records
- 1190 Grove St Apartments / Apartment Building
Property Details for 1190 Grove St
- Year built
- 1950
- Property size
- 4,149 SF
- Property type
- Residential income homes
Description
This exceptional Clearwater investment opportunity presents a four-unit multifamily property located at 1190 Grove St, offering a compelling blend of comfort, convenience, and strong return on investment. The property comprises two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, each boasting high-quality finishes including hardwood floors and granite countertops. Spacious living areas and abundant natural light create inviting atmospheres. Residents enjoy private outdoor spaces and ample off-street parking. Situated in a desirable Clearwater neighborhood, the property benefits from proximity to shopping, dining, parks, schools, major highways, and public transportation. Built in 1950, the two buildings encompass a total of 4,149 square feet, with 2,969 square feet of net rentable space. The asking price is $999,555, representing a price per unit of $249,888.75 and a price per square foot of $240.91. This fee-simple ownership opportunity is ideal for investors seeking consistent rental income and long-term appreciation in a thriving Florida market. The property's desirable unit mix and modern amenities ensure high occupancy rates and a robust return on investment. Don't miss this chance to acquire a well-maintained, high-performing multifamily property in a prime Clearwater location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.78807981666
- Latitude
- 27.966680707226
