1552 S Myrtle Ave - Apartments FOR SALE


Clearwater, FL 33756
$3,100,000 USD
727-458-8493
1552 S Myrtle Ave, Clearwater, FL for Sale
$3,100,000 USD
Apartments - FOR SALE
1/36
null | Request Cap Rate

1552 S Myrtle Ave
Clearwater, FL 33756


HIGHLIGHTS

  • 14 Total Apartment Units
  • Property is Fully Renovated - No Improvements Necessary
  • Near Morton Plant Hospital, Town of Belleair, City of Largo
  • Value-Add Opportunity
  • Mix of 2 Bedrooms and 3 Bedrooms
  • Easy Access to Major Roadways

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

14

PRICE/UNIT

$221,429

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 Unit Clearwater Multi-Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,168 SF

ZONING

MDR and O

APN/PARCEL ID

21-29-15-00000-440-2500

ASK ABOUT THIS PROPERTY

Steve KleinKlein & Heuchan, Inc.More Info
727-458-8493

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Steve KleinKlein & Heuchan, Inc.More Info
727-458-8493

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.