105 N Lady Mary Dr
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105 N Lady Mary Dr
2 Unit Block of Flats £543,803 (£271,901/Unit) Clearwater, FL 33755
Investment Highlights
- currently earning almost $40k in income
- 8 minutes to World Famous Clearwater Beach
Executive Summary
ACTIVE DUPLEX !! Land is 125'x 185'. 23,125 sq ft. Level and zoned for multi-family. Code allows 35 units per acre up to 45' high. Downtown Clearwater, Gateway District. OWNER FINANCING FOR QUALIFIED BUYERS !
CLEAN, WELL MAINTAINED DUPLEX is on level ground, and is currently earning almost $40k in income !! Separate water and electric meters !! Plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 Square Feet !! Zoning will allow up to 18 units !! (Code for the Downtown Gateway District is 35 units per acre, up to 45 feet high). If you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! Close to Downtown Clearwater, and the newly redeveloped Cleveland Street Corridor !! And only 8 minutes to World Famous Clearwater Beach !! Both units are occupied with quality tenants. Please do not disturb.
CLEAN, WELL MAINTAINED DUPLEX is on level ground, and is currently earning almost $40k in income !! Separate water and electric meters !! Plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 Square Feet !! Zoning will allow up to 18 units !! (Code for the Downtown Gateway District is 35 units per acre, up to 45 feet high). If you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! Close to Downtown Clearwater, and the newly redeveloped Cleveland Street Corridor !! And only 8 minutes to World Famous Clearwater Beach !! Both units are occupied with quality tenants. Please do not disturb.
Property Facts
| Price | £543,803 | Building Class | B |
| Price Per Unit | £271,901 | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 1,833 SF |
| Sale Conditions | Development Sale | Average Occupancy | 100% |
| No. Units | 2 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1976 |
| Property Subtype | Apartment | Parking Ratio | 2.18/1,000 SF |
| Apartment Style | Low Rise |
| Price | £543,803 |
| Price Per Unit | £271,901 |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| No. Units | 2 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.54 AC |
| Building Size | 1,833 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1976 |
| Parking Ratio | 2.18/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+2 | 1 | - | - |
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 15-29-15-12276-001-0080 | Improvements Assessment | £103,797 |
| Land Assessment | £225,655 | Total Assessment | £329,452 |
PROPERTY TAXES
Parcel Number
15-29-15-12276-001-0080
Land Assessment
£225,655
Improvements Assessment
£103,797
Total Assessment
£329,452
zoning
| Zoning Code | D (Downtown; Gateway District.) |
| D (Downtown; Gateway District.) |
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105 N Lady Mary Dr
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