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    Belleair Bluffs, FL
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    Belleair Bluffs, FL Triplexes for Sale

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    Largo, FL St Petersburg, FL Belleair, FL Clearwater, FL Belleair Beach, FL Indian Rocks Beach, FL Seminole, FL Mount Dora, FL
    Belleair Bluffs Multifamily Investment Opportunity
    Updated: Nov 4, 2024
    Belleair Bluffs Multifamily Investment Opportunity

    187 BEL FOREST DRIVE, Belleair Bluffs, FL 33770

    $2,400,000
    11,287 sqft 0.72 AC lot
    Prime location in the heart of Belleair Bluffs, walking distance to shopping and amenities.
    12 units offering a comfortable mix for tenants (8 2‑bedroom, 4 1‑bedroom).
    Significant upside potential through updates, priced to sell as‑is.
    Solid block construction on a large 31,496 SF lot in a sought‑after residential area.
    Three of the four buildings have newer roofs (2019, 2018, 2016).
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    This listing looks promising.

    Here's a quick look at some key insights for

    187 BEL FOREST DRIVE, BELLEAIR BLUFFS, FL 33770

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $132K
      Annual

    • Price @ 7% Cap

      $1.88M
      Suggested

    • Property Type

      Triplex
      Built 1972
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Belleair Bluffs, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Waterfront Triplex with Dock Access
    Updated Waterfront Triplex with Dock Access

    2605 BAY Boulevard, Indian Rocks Beach, FL 33785

    $1,900,000
    2,464 sqft 0.18 AC lot

    Updated waterfront triplex along the Intracoastal Waterway with dock access, hurricane impact windows, and income-ready layout.

    View details
    Lake-Adjacent Triplex Investment
    Lake-Adjacent Triplex Investment

    1379 S MARTIN LUTHER KING JR Avenue, Clearwater, FL 33756

    $445,000
    1,603 sqft 0.12 AC lot

    Triplex with three leased units, including two recently remodeled bedrooms/one-bath and a studio, across from recreation and park.

    View details
    Fully Leased Triplex Investment
    Fully Leased Triplex Investment

    725 NEW YORK ST, Clearwater, FL 33756

    $487,000
    1,375 sqft

    Triplex offers one vacant 2/1 and three leased units, including a 2023 roof on one 1/1.

    View details
    Waterfront Triplex in Indian Rocks
    Waterfront Triplex in Indian Rocks

    2605 BAY Blvd, Indian Rocks Beach, FL 33785

    $1,900,000

    Updated waterfront triplex near the Gulf, ideal for income generation.

    View details

    Belleair Bluffs, FL Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Belleair Bluffs, FL on our real estate platform. These investment opportunities span a total of 11,287 square feet of properties for sale, with an estimated market value of $2,400,000.

    Sale prices for three-family homes in Belleair Bluffs, FL average $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) -2.7%
    Median Household Income $58,071
    College Educated 36.3%

    High-Yield Neighborhoods for Investment

    Identify Belleair Bluffs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Largo - 33770 $2.4M

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