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Victor A Aguilar

victor@azurirealty.com +1(512) 909-1532

$2,000,000

Est. payment - /mo

7,359 SqFt

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Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,359 sqft

Price per Sqft $271

Subdivision Sky Crest Unit 9

MLS Listing ID A4699732

Construction Status Completed

HOA Y/N No

Year Built 1964

Annual Tax Amount $21,771

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 98.1x109.9

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Fully-stabilized 10-unit apartment community in central Clearwater's Sky Crest submarket, offered at $2,000,000 ($200,000/unit). This 1964 concrete-block, two-story walk-up offers nine renovated units, updated kitchens with stainless appliances, quartz counters, tile backsplash, vinyl-plank flooring and in-unit washer/dryer, plus one larger 2BR/2BA in original condition for renovate-to-premium upside. Unit mix: three 1BR/1BA, six 2BR/1BA, one 2BR/2BA. In-place rents sit below market across every type, giving a new owner low-risk mark-to-market upside as leases turn; five units are currently month-to-month. Central HVAC and on-site carport parking. Minutes to Gulf-to-Bay Blvd, US-19, downtown Clearwater and the Gulf beaches. Offering memorandum and financials available on request. Showings by appointment through listing office, please do not disturb tenants.

Location

State FL

County Pinellas

Community Sky Crest Unit 9

Area 33765 - Clearwater/Sunset Point

Interior

Heating Central

Cooling Central Air

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Water Access No

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4699732

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Listed by William Gryboski RIDER REAL ESTATE

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Victor A Aguilar

+1(512) 909-1532

Agent/Team Lead | License ID: 0653089

Agent/Team Lead License ID: 0653089

300 S NIMBUS AVE Clearwater, FL 33765

Victor A Aguilar

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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300 S NIMBUS AVE