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000 ClearwaterClearwater, FL 33765

20-Unit Apartment Complex, Renovated

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • 20-unit multifamily investment property in Clearwater, FL, within the Tampa/St. Petersburg MSA.
  • Prime location near shopping, dining, and schools, with excellent highway access.
  • 14,433 sq ft of net rentable space on a 32,400 sq ft lot, comprised of three buildings (two 2-story buildings and one duplex).
  • Unit mix: 16 one-bedroom/one-bathroom, 3 two-bedroom/one-bathroom, and 1 three-bedroom/two-bathroom units.
  • 2023 renovations include a new roof and complete apartment unit upgrades; individual utility metering.

Property Details for 000 Clearwater

Property type
Apartment buildings
Class
B
Year Renovated
2023
Buildings
3
Stories
2
Units
20

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9765043
Longitude
-82.7428057
000 Clearwater, Clearwater, Florida

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000 Clearwater
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