1102 Sunset Point Road, Clearwater, FL 33755
- $1,199,000
- 7
- BD
- 7
- BA
- 3,633
- SqFt
- List Price
- $1,199,000
- Status
- Pending
- Days on Market
- 27
- Price Change
- ▼ $50,000 1782948171
- MLS#
- TB8513624
- Property Style
- Quadruplex
- Year Built
- 1946
- Bedrooms
- 7
- Bathrooms
- 7
- Living Area
- 3,633
- Lot Size
- 18,226
- Acres
- 0.42
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Sunset Point A Rep
- MLS Area Major
- Clearwater
Property Description
Under contract-accepting backup offers. 6 UNITS! Exceptional investment opportunity in perfect Clearwater location. Featuring a 6-unit multifamily property on an oversized lot with abundant on-site parking and additional owner storage shed. This professionally managed asset offers strong cash flow with an excellent cap rate and 5 of 6 units currently occupied, providing immediate income with one vacant unit available for easy showings or owner occupancy. All units have been renovated and in great shape! This is ideal for investors seeking a stable, turnkey asset in a high-demand rental corridor near Dunedin and Clearwater. The flexible layout presents multiple strategies: continue operating as a high-performing income property, increase rents over time, or live in the larger primary unit while the remaining units offset expenses and generate passive income. Tenants love the location with quick access to vibrant downtown Dunedin restaurants, breweries, shopping, and waterfront parks. Enjoy stunning Gulf Coast sunsets along Edgewater Drive and easy access to world-famous Clearwater Beach. Convenient to major employment centers, beaches, recreation, and entertainment, this property has consistently attracted reliable tenants and has been easy to lease. Additional highlights include ample parking, large lot size with future potential, owner storage, strong rental history, and pride of ownership throughout. Property has experienced no flooding or storm-related issues during ownership, offering added confidence for long-term investors. Rare opportunity to acquire a well-positioned multifamily asset in one of Pinellas County’s most desirable rental markets.
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Additional Information
- Taxes
- $10414
- Annual Gross Income
- 85200
- Location
- Near Golf Course, Near Public Transit, Sidewalk, Paved
- Community Features
- Street Lights, No Deed Restriction
- Interior Layout
- Thermostat, Window Treatments
- Interior Features
- Thermostat, Window Treatments
- Floor
- Laminate, Other, Tile
- Appliances
- Microwave, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected
- Heating
- Central, Ductless
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- HardiPlank Type, Frame, Wood Siding
- Exterior Features
- Lighting
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 03-29-15-88092-000-0230
- Legal Description
- SUNSET POINT A REPLAT LOT 23 (PER OR 5132/409)
Listing courtesy of ENGEL & VOLKERS BELLEAIR. 727-461-1000
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