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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 1,199,000

Est. payment | -/mo

3,633 SqFt

Save

$ 1,199,000

Est. payment | -/mo

Save

3,633 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,633 sqft

Price per Sqft $330

Subdivision Sunset Point A Rep

MLS Listing ID TB8513340

HOA Y/N No

Year Built 1946

Annual Tax Amount $9,998

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 60x304

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Exceptional investment opportunity in perfect Clearwater location. Featuring a 6-unit multifamily property on an oversized lot with abundant on-site parking and additional owner storage shed. This professionally managed asset offers strong cash flow with an excellent cap rate and 5 of 6 units currently occupied, providing immediate income with one vacant unit available for easy showings or owner occupancy. All units have been renovated and in great shape! This is ideal for investors seeking a stable, turnkey asset in a high-demand rental corridor near Dunedin and Clearwater. The flexible layout presents multiple strategies: continue operating as a high-performing income property, increase rents over time, or live in the larger primary unit while the remaining units offset expenses and generate passive income. Tenants love the location with quick access to vibrant downtown Dunedin restaurants, breweries, shopping, and waterfront parks. Enjoy stunning Gulf Coast sunsets along Edgewater Drive and easy access to world-famous Clearwater Beach. Convenient to major employment centers, beaches, recreation, and entertainment, this property has consistently attracted reliable tenants and has been easy to lease. Additional highlights include ample parking, large lot size with future potential, owner storage, strong rental history, and pride of ownership throughout. Property has experienced no flooding or storm-related issues during ownership, offering added confidence for long-term investors. Rare opportunity to acquire a well-positioned multifamily asset in one of Pinellas County's most desirable rental markets.

Location

State FL

County Pinellas

Community Sunset Point A Rep

Area 33755 - Clearwater

Interior

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Luxury Vinyl, Other, Tile

Appliance Microwave, Refrigerator

Exterior

Parking Features Lighted, Shared Parking

Roof Type Shingle

Exposure West

Building

Lot Description Near Golf Course, Near Public Transit, Sidewalk, Street Lights, Paved

Story 1

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type,Frame,Wood Siding

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Listed by Kristin Hallamek ENGEL & VOLKERS BELLEAIR

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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1102 SUNSET POINT RD Clearwater, FL 33755