115 n san remo ave Clearwater, Florida FL
PENDING MULTI-FAMILY
$1,299,000
Bed
8 Bath
8230 sqft
Interested in 115 n san remo ave?
115 n san remo ave
Clearwater, Florida FL
PENDING
MULTI-FAMILY
USD $1,299,000
Bed 8 Bath 8230 sqft
Property Information
Property Description
Under contract-accepting backup offers. Prime 8-Unit Multifamily Investment Opportunity. Located in Clearwater’s vibrant East Gateway District, this 8-unit multifamily community is being offered for sale for the first time in 12 years. The property boasts a solid cap rate with a strong history of proven occupancy and considerable potential for increased rental income. Ideally located residents benefit from easy access to an array of amenities, including 82 restaurants, 19 grocery stores, and 14 parks, all within a one-mile radius. The world-class beaches of Clearwater are just minutes away, adding to the property’s appeal for both tenants and investors. Constructed in 1971, the property consists of a single two-story building set on a corner lot spanning 12,767 square feet. The building features a mix of 2 one-bedroom, one-bathroom units, each offering approximately 713 square feet of living space, and 6 spacious two-bedroom, one-bathroom units, each with around 1,085 square feet. Units are separately metered for water AND electric! All units are equipped with central air conditioning, ensuring tenant comfort year-round. Additional amenities include on-site laundry facilities, which are not currently in use by the owner and could be an additional income source, and ample on-site parking for residents.This is an excellent opportunity to acquire a well-maintained income-producing asset with immediate cash flow and the ability to capitalize on below-market rents, offering strong upside potential. Tenants are unaware of the sale, so showings are strictly drive-by only—please do not walk the property or disturb the tenants. All offers should be submitted subject to interior inspection. The listing agent has a complete package with current financials and the rent roll available upon request via email.
Source: Stellar MLS
MLS#: A4638720
Additional Rooms:
Appliances: Washer,
Building Area Units: Square Feet
Building Elevator: False
Cooling Type: Central Air,
Fireplace: Living Room,
Floor Number:
Flooring: Tile,
Heating Type: Electric,
Stories Total:
Interior Features: Ninguno,
Laundry Features: Laundry Room,
Levels: One,
Living Area SQ ft: 8230
Living Area Meters: 764.59
Living Area Source: Public Records
Living Area Units: Square Feet
Room Count:
Spa:
Spa Features: Heated,
Architectural Style: Ranch,
Attached Garage:
Carport: 0
Construction Materials:
Exterior Features: Storage,
Foundation Details: Slab,
Garage: 0
Garage Spaces:
Homestead:
Lot Features: Paved,
Lot Size Dimensions: 120x100
Lot Size SqFt: 12767
Lot Size Square Meters: 1186
Other Structures: Storage,
Parking Features: Garage Door Opener,
Pool Private: 0
Property Condition: Completed,
Property Description:
Road Surface Type: Asphalt,
Roof: Shingle,
Sewer: Public Sewer,
Total Acreage: 1/4 to less than 1/2
Utilities: Public,
View Type: Water,
Water Access: False
Water Extras: False
Water Source: Public,
Water View: False
Water View Type:
Waterfront: Canal - Saltwater,
Window Features: Window Treatments,
Additional Lease Restrictions:
Association Fee Includes: Pool,
Association Fee Requirement:
Available For Lease:
List Price By Calculated SqFt: 157.84
Condo Fees:
Condo Fees Term:
Condo Land Included:
Current Price: $1,299,000
Disclosures: Seller Property Disclosure,
Existing Lease Tenant:
Lease Restrictions:
Listing Exclusion: False
Listing Terms: Conventional,
Minimum Lease:
Monthly Condo Fee Amount:
Ownership: Fee Simple
Ratio Current Price By Calculate: 157.84
Special Listing Conditions: None,
Tax Annual Amount: 14472.29
Tax Block: A
Tax Book Number: 6-75
Tax Lot:
Tax Year: 2024
Total Annual Fees: 0.00
Total Monthly Fees: 0.00
Association: 0
Association Amenities: Pool,
Association Approval Required: False
Association Name:
Building Area Source: Public Records
Building Area Total: 9466
Community Development District: 0
Community Features: Irrigation-Reclaimed Water,
Country: US
Direction Faces:
Elementary School:
Flood Zone Code: X
Flood Zone Panel:
High School:
Middle Or Junior School:
MLS Area Major: 33755 - Clearwater
SW Subdivision Community Name:
Township: 29
Water Body Name:
General Information
Area
Clearwater, Florida FL
Sewer
Public Sewer,
Roof
Shingle,
County
Pinellas
Lot Size
0.29
Levels
One,
Zoning
Property Type
Multi-Family
Sqft
3,103
Year Built
1971
Tax Year
2024
Property Subtypes
Multi-Family
Your Agent
Luis Piamba, LLC
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Listed by: Keller Williams On The Water 941-729-7400.
© My Florida Regional MLS DBA Stellar MLS 2024
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS.
Data last updated on Tuesday, February 18, 2025 04:22:08 PM.