14 Unit Clearwater Multi-Family | 1552 S Myrtle Ave
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14 Unit Clearwater Multi-Family 1552 S Myrtle Ave
14 Unit Block of Flats £2,425,595 (£173,257/Unit) Clearwater, FL 33756
Investment Highlights
- 14 Total Apartment Units
- Near Morton Plant Hospital, Town of Belleair, City of Largo
- Mix of 2 Bedrooms and 3 Bedrooms
- Property is Fully Renovated - No Improvements Necessary
- Value-Add Opportunity
- Easy Access to Major Roadways
Executive Summary
Fully renovated 14 unit apartment complex located in central Clearwater, FL. Excellent multi-family investment opportunity. This property has been fully renovated with newer roofs, hurricane impact windows, new central HVAC units, and new kitchen appliances. The building are fire sprinkled and constructed of concrete block. The complex features a leasing office, a community building, and a storage/maintenance building. There is a laundry room with washers & dryers. There is significant upside through the increase in allowable rents. Please contact us for a confidentiality agreement.
Property Facts
| Price | £2,425,595 | Building Class | C |
| Price Per Unit | £173,257 | Lot Size | 1.38 AC |
| Sale Type | Investment | Building Size | 16,509 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1996/2023 |
| Apartment Style | Garden | Parking Ratio | 0.85/1,000 SF |
| Price | £2,425,595 |
| Price Per Unit | £173,257 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.38 AC |
| Building Size | 16,509 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built/Renovated | 1996/2023 |
| Parking Ratio | 0.85/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Sprinkler System
- Walk-In Closets
- Grill
- Breakfast Nook
- Dining Room
- Family Room
Site Amenities
- 24 Hour Access
- Business Centre
- Clubhouse
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Grill
- Wheelchair Accessible
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1.5 | 12 | - | - |
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Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 21-29-15-00000-440-2500 | Improvements Assessment | £1,208,697 |
| Land Assessment | £355,387 | Total Assessment | £1,564,085 |
PROPERTY TAXES
Parcel Number
21-29-15-00000-440-2500
Land Assessment
£355,387
Improvements Assessment
£1,208,697
Total Assessment
£1,564,085
zoning
| Zoning Code | MDR and O (MDR - Medium Density Residential and O - Office. City of Clearwater) |
| MDR and O (MDR - Medium Density Residential and O - Office. City of Clearwater) |
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Steve Klein -
Joseph Santolucito -
Klein & Heuchan, Inc.
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14 Unit Clearwater Multi-Family | 1552 S Myrtle Ave
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