$2,899,000

$241/sq ft

$151,000
Price Decreased

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Overview

Year Built

1981

Sqft

12036

Property Type

Multi Family (5+)

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.

Property Details

MLS#

O6387667

Address

1132 AUBURN

City

Clearwater

State/county

FL

Zip/Postal Code

33756

Area

Acreage

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$33,640

Maint Fee

$--

Tax Year

2025

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Boris Gelfand