411 Pleasant St Clearwater, FL 33755
For Sale
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Under contract-accepting backup offers. Looking for a great rental complex with 5 units and solid rental income which could increase substantially depending on what the new owner prefers in rental options??? Welcome to 409 and 411 Pleasant Street (sold together), this exceptional investor’s rental gem is a rare opportunity to own a high-performing quadplex literally steps from the ocean. The property features five separate apartments, including three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one efficiency apartment, offering a diverse rental mix ideal for maximizing occupancy and income potential. Tenants and guests can enjoy a relaxing community pool, while the property’s prime location places it only 5-10 minutes from world-famous Clearwater Beach and close to major shopping, dining, entertainment, and popular tourist attractions. With a current annual rental income from long term tenants of approximately $72,000, this income-producing property presents an outstanding opportunity for investors seeking strong cash flow in one of Florida’s most desirable coastal markets. bikeScore: 70, Very Bikeable walkScore: 61, Somewhat Walkable transitScore: 49, Some Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.