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Gelfand Realty Miami Properties - Multi Family

1441 GULF TO BAY, CLEARWATER, FL 33755

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Multi Family - BOULEVARD HEIGHTS

1441 GULF TO BAY, CLEARWATER, FL 33755

Sold Price$645,000 Asking Price$675,000

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  • Days on market:

    26 day(s)
  • Original Price:

    $675,000
  • Price per sqft:

    $121.78
  • Tax Legal Description:

    BOULEVARD HEIGHTS BLK C, LOT 10
  • Tax Year:

    2017
  • Property Type:

    Multi Family
  • Construction Type:

    BrickBlock
  • Cooling Description:

    Other
  • Heating Description:

    Other
  • Exterior Features:

    Other
  • Special Listing Conditions:

    None

Description

$675,000 • living size area 5543 sqft

Rare investment opportunity to purchase a duplex, triplex, and quadplex all at once. these buildings have been well maintained with several of the units being newly upgraded and a fresh coat of exterior paint. this property consists of two parcels with one containing the quadplex and the other parcel containing the duplex and triplex. what makes this a truly unique and great investment opportunity is its proximity to downtown and the beaches, plus the fact that this property is right in the path of redevelopment for the cleveland streetscape and festival core project. so you can purchase the property and collect excellent cash flow while the redevelopment heads your way, pushing property values up. at that time, the property can either be kept as multi-family rentals or redeveloped into retail storefronts. in addition, the existing property manager has agreed to stay on and manage the property if desired by the buyer. buy and hold or sell for a profit!

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