NOT LISTED FOR SALE
-- Bed
-- Bath
11,857 Sq Ft
0.42 Acres

Last Sold June 30, 2022

Last sale price $1,800,000 $152 Per Sq Ft

184 Days on Market

Highlights

  • 0.42 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • No HOA

About This Home

As of June 2022

Seller willing to give $200k towards buyers CC and or down payment with full priced offer. Cash cow in Clearwater, just minutes away from famous Clearwater Beach, this block construction 12 unit complex consist of 6 Duplexes, 2bed 1 bath including an additional 3 parcels with the purchase which could easily be developed into an additional 3-6 duplexes between the 3 vacant lots adding another 6-12 towards your cash flow, tremendous upside value. The 6 block duplexes/12 unit currently sit on 3 lots. Most units are bringing top end rents with guaranteed gov. payments monthly. Property has gone through a major overhaul, consisting of all new roofs, A/C units, plumbing, new paint exterior and interior, new kitchens with granite counters and backsplash, new baths tiled, all tile floors and so much more. The hard work and sweat have already been completed. Perfect opportunity to sit back and collect on this one a kind rental. Seller willing to do owner financing or assumable mortgage. We have a lender in place already that is willing to finance the property at 20% down if assistance is needed for an outright purchase.

Last Agent to Sell the Property

Alec Anderson

LPT REALTY, LLC License #3335586 Listed on: 10/26/2021

LPT REALTY, LLC

Last Buyer's Agent

Alec Anderson

LPT REALTY, LLC License #3335586 Listed on: 10/26/2021

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,011

Year Built

  • Built in 1961

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 71x167

Home Design

  • 11,857 Sq Ft Home
  • Slab Foundation
  • Block Exterior

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 12 Units
  • 11,857 Sq Ft Building
  • Jurgens Add To Clearwater Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,011

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 11857
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 11857
  • Lot Size Sq Ft: 18295
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: Head W on Courtney Campbell Causeway, R on Gulf to Bay BLVD., R on N Lady Mary Dr, L on Drew St, R on N Betty Ln, L on palmetto, R one Vine Ave
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5982079?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5982079?w=Customer
  • Unit Count: 5
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.81855
  • Price per Sq Ft: 151.81
  • Close to Original List Price Ratio: 0.81855
  • Ratio: Current Price\Building Area Total: 151.81
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Master Bedroom Main Floor
  • Foundation Details: Slab
  • Street Number Modifier: 1006-1017
  • Number Of Buildings: 6

Exterior Features

  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 10-29-15-45000-004-0010
  • Additional Parcels: No
  • Lot Dimensions: 71x167
  • Flood Zone Code: X

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 7010.97
  • Tax Block: D
  • Tax Book Number: 4-17
  • Tax Lot: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $1,800,000 -18.1% $152 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $2,199,000 0.0% $185 / Sq Ft
09/01/2021 09/01/21 Rented $1,195 0.0% --
08/03/2021 08/03/21 Price Changed $1,195 -4.4% $2 / Sq Ft
07/26/2021 07/26/21 Price Changed $1,250 -3.8% $2 / Sq Ft
07/01/2021 07/01/21 For Rent $1,300 0.0% --
05/18/2021 05/18/21 Sold $1,040,000 -5.5% $150 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/25/2021 03/25/21 Price Changed $1,100,000 -7.6% $159 / Sq Ft
03/21/2021 03/21/21 Price Changed $1,190,000 -4.8% $172 / Sq Ft
03/16/2021 03/16/21 For Sale $1,250,000 0.0% $181 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $1,250,000 0.0% $181 / Sq Ft
03/01/2021 03/01/21 For Sale $1,250,000 -3.8% $181 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $1,300,000 0.0% $188 / Sq Ft
05/01/2020 05/01/20 Rented $825 0.0% --
04/14/2020 04/14/20 Under Contract -- -- --
03/20/2020 03/20/20 Price Changed $825 -2.9% $1 / Sq Ft
03/06/2020 03/06/20 For Rent $850 0.0% --
11/21/2019 11/21/19 Sold $950,000 -13.6% $137 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $1,100,000 -- $159 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5982079

Stellar MLS