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Multi Family 3 bedrooms - BROOKWOOD TERRACE REV for Sale

105 N LADY MARY, CLEARWATER, FL 33755

Asking Price$695,000 Change Price$53,000

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  • Days on market:

    497 day(s)
  • Original Price:

    $798,000
  • Price per sqft:

    $379.16
  • Tax Legal Description:

    BROOKWOOD TERRACE REVISED BLK 1, LOTS 8 & 9 & S 1/2 OF LOT 7
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Carport Spaces:

    2
  • Parking:

    Driveway Covered GuestOff Street OversizedBoat
  • Furnished Info:

    Unfurnished
  • Elementary School:

    Belleair Elementary-PN
  • Middle School:

    Oak Grove Middle-PN
  • Senior High School:

    Clearwater High-PN
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    StuccoBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Terrazzo
  • Interior Features:

    Ceiling Fan(s)
  • Exterior Features:

    Lighting Sidewalk Rain GuttersStorage Fenced
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None
  • Lot Features:

    Oversized Lot SidewalkCity Lot In County Near Public Transit Level Landscaped Near Golf Course

Description

$695,000 • three bedroom(s) • living size area 1833 sqft

Redevelopment opportunity !! over 1/2 acre in the city of clearwater !! clean, well maintained duplex is on level ground, and is currently earning almost $40k in income !! separate water and electric meters !! plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 square feet !! zoning will allow up to 18 units !! (code for the downtown gateway district is 35 units per acre, up to 45 feet high). if you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! close to downtown clearwater, and the newly redeveloped cleveland street corridor !! and only 8 minutes to world famous clearwater beach !! both units are occupied with quality tenants. please do not disturb. ask about owner financing !!

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