$599,000 • three bedroom(s) • living size area 2064 sqft

Great opportunity for cash flow on a corner lot triplex or potential development on this 15,033 sqft corner lot! the triplex will need some tlc. it features a diverse unit mix: a 2-bedroom, 1.5-bath unit (#214b), a 1-bedroom, 1-bath unit (#212), and an efficiency/studio with a bathroom (#214a). the 2-bedroom unit was generating $2,200/month, while the 1-bedroom unit could potentially fetch $2,000/month on vrbo or airbnb. the studio, due to previous tenant damages, had been successfully rented on vrbo and airbnb for $2,200/month (rental restriction in clearwater is 30 days minimum rental). units 214a and 214b share electric and water meters, and unit 212 has separate meters. the main 2-bedroom unit features hardwood floors and a master suite with a walk-in closet. the bonus room, complete with a fireplace, offers a versatile space that can be used as a game room or an office. the properties include central and window a/c units, with the central a/c for unit 214b (2004). the roof was replaced in 2017. additionally, there is a storage shed/workshop on the vacant lot. for developers, this property is situated in the downtown gateway area, where the maximum residential density is 35 units/acre, allowing up to 10 units on this particular lot size. buyers should confirm all permits, building codes, zoning, and leasing restrictions with the city of clearwater.

Multi Family 3 bedrooms - BOULEVARD HEIGHTS for Sale

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