NOT LISTED FOR SALE
-- Bed
-- Bath
5,054 Sq Ft
0.4 Acres

Last Sold September 28, 2018

Last sale price $548,000 $108 Per Sq Ft

5 Days on Market

Highlights

  • 0.4 Acre Lot
  • No HOA
  • Heating System Mounted To A Wall or Window
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2018

Charming apartment complex (909) plus duplex (911) near the beach and beautiful downtown Clearwater. Two buildings, eight units total. Here is your opportunity to purchase an income producing 6 unit apartment building and adjacent duplex. There are three 1 bedroom units, two studios, two 2 bedroom units and one 1 bedroom plus den. 100% occupied, 7.5 cap rate. See attached financials. DO NOT DISTURB TENANTS PLEASE.

Last Agent to Sell the Property

Liane Jamason

CORCORAN DWELLINGS License #3194803 Listed on: 08/29/2018

CORCORAN DWELLINGS

Last Buyer's Agent

Corry Prohens

HOME LOCATORS INC. License #3412504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1925

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x350
  • Additional Parcels

Parking

  • Assigned Parking

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 5,054 Sq Ft Home
  • Wood Flooring
  • Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • 5,054 Sq Ft Building
  • Magnolia Park Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $71,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,195

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 5054
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 5054
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 17569
  • Number Of Lots: 2
  • Directions to Property: 60 South to MLK, left on Pine, to address
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8016022&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8016022&cview=true&show_results=true&customer_portal=true
  • Unit Count: 8
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96309
  • Price per Sq Ft: 108.43
  • Close to Original List Price Ratio: 0.96309
  • Ratio: Current Price\Building Area Total: 108.43
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Levels: Two
  • Street Number Modifier: 909 & 911
  • Number Of Buildings: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0108H

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric, 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
  • Deposits Y N: No

Lot Info

  • Parcel Number: 15-29-15-54450-024-0050
  • Additional Parcels Description: 15 29 15 54450 024 0060
  • Additional Parcels: Yes
  • Lot Dimensions: 100x350
  • Flood Zone Code: X
  • Flood Zone Date: 2005-05-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 5923

Multi Family

  • Gross Income: 71076
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 6195
  • Tax Block: 24
  • Tax Book Number: 3-43
  • Tax Lot: 5

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
09/28/2018 09/28/18 Sold $548,000 -3.7% $108 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $569,000 -- $113 / 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: U8016022

Stellar MLS