1132 Auburn Street, Clearwater, FL 33756

$2,899,000
12,036
SqFt

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List Price
$2,899,000
Status
Active
Days on Market
145
Price Change
▼ $151,000 1779911856
MLS#
O6387667
Property Style
Multi-Family 5+
Year Built
1981
Living Area
12,036
Lot Size
41,404
Acres
0.95
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Acreage
MLS Area Major
Clearwater/Belleair

Property Description

Well-maintained 15-unit multifamily complex in a highly desirable Clearwater location just minutes from the Missouri Ave Business District, Largo schools, and public transportation. This property features a strong unit mix of nine 1-bedroom and six 2-bedroom apartments across one- and two-story concrete block/stucco buildings. The complex offers 24 parking spaces, a guest laundry room, and a large rear yard with value-add potential. The expansive backyard provides an excellent opportunity to generate additional income through boat and RV storage. Historically 100 occupied, this property has demonstrated consistent performance. The current owner has renovated several units, including tile flooring upgrades and updated A/C systems. Major capital improvements include a brand-new roof (2024) and a new fire alarm system servicing the entire complex. Solid block construction, strong rental history, and additional income potential make this a compelling investment in one of Clearwater’s most accessible and growing corridors.

Additional Information

Taxes
$33640
Annual Gross Income
305028
Community Features
Street Lights, No Deed Restriction
Zoning
RM-15
Interior Layout
Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat
Interior Features
Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat
Utilities
Public, Sewer Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Lighting
Roof
Shingle
Foundation
Block
Pool
No Pool
Flood Zone Code
X
Parcel ID
27-29-15-00000-240-1600
Legal Description
PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM NW COR OF SE 1/4 OF NW 1/4 OF SEC TH S 640FT TH E 670FT FOR POB TH E 210FT TH N 210FT TH W 210FT TH S 210FT TO POB LESS R/W ON W PER O.R. 9153/1110

Listing courtesy of BLUE PEAK REALTY LLC. 727-777-7100

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