Cambridge Green is a 21 condominium community located in Clearwater, FL. The current owner will transfer all 21 separately deeded condos to the new buyer. The property is currently being operated as an apartment complex. The future owner could have condo documents drafted at a reasonable price.
The property was constructed in 1984 and consists of three villas style one story buildings. Making it ideal for tenants who might shy away from complexes with multiple stories due to noise concerns.
The buildings are comprised of four studio units with 380 square feet, 15 one-bedroom, one-bathroom units with 600 square feet, and two two-bedroom, one-bathroom units with 800 square feet.
All units have central air conditioning and the buildings sit on almost 1.5 acres of land in the heart of Pinellas County. Amenities include an on-site laundry facility and ample on-site parking.
This is an excellent opportunity to acquire a very well maintained asset. Due to its hands on management the property has operated above the average occupancy rate and is fully rented. The new owner will benefit from immediate income and could ultimately increase the below market rents.
Cambridge Green is located in Clearwater, Florida in Pinellas County. Pinellas is currently the most densely populated county in the state of Florida. The area has several nationally recognized beaches and tons of golf courses all within 5 miles. The property is located between Gulf to Bay (60) and East Bay.
This well kept complex is in excellent condition and is very well located overlooking Glen Oaks Park and Glen Oaks Lake. The current owner has done much to further improve the property and it is now ready for a new owner to take over! Never problem leasing - there currently is a waiting list for units. Now is the time to purchase this great complex and increase the rents for more income!
Incredible location for this 7 units complex. Two buildings, 7 units, old Florida style Charm, are located next to the Harbor Oaks residential subdivision with the best houses in town and close to Belleair. Walking distance to the water, nice public pier to look at the Sunset is nearby, walking distance to downtown Clearwater, 5 minutes away from the famous sandy beaches of Clearwater beach, you can walk to the beach causeway. There is a large grocery Supermarket at walking distance, and all the amenities that Downtown Clearwater offers. There is also a large hospital nearby, one of the best hospitals in the area. One unit has a private terrace, all units are currently rented. please do not disturb tenants. These old Florida cottage style buildings all extremely well kept and updated. Do not disturb tenants, they are unaware of sale.
Two addresses and 2 buildings are part of this listing, must be sold together: 614 Oak st Clearwater fl 33756 and 208 Pine st, Clearwater Fl 33756
Rental Property with Lake Views! This large parcel (105x210) has 2 single family homes on it. One home is a 4 bedroom, 2 bathroom concrete block home with an open floor plan (1780 sq ft), terrazzo flooring, kitchen with fridge & oven, and inside laundry. Central A/C, plus a wall unit. Currently rented for $1050 per month, on a month to month basis. Carport. Also on this lot is another concrete block home 4 bedrooms, 2 bathrooms, Newer Central A/C, Inside washer and dryer (tenant owned), tile flooring, and large kitchen with a fridge and oven. Currently leased for $1000 per month. This property is being sold as a Rental Income Package (5 single family homes and 1 duplex) including 1128 Wyatt St., 1118 Wyatt St., and 1116 Wyatt St. in Clearwater. Serious Inquiries Only. Drive by ok. Do Not Bother Tenants. Longtime Maintenance-Person willing to continue with the new owner. Make offer.
This renovated and updated duplex property is ideal as an income producing property or a multi generational home. The lower level is a two bedroom, two bath open plan unit with an interior laundry. The lower level renovated kitchen features a center island with breakfast bar. The master bath is outfitted with new tile, new vanity, new lighting and paint. The master bedroom and guest room features new tile, new paint and new lighting. The lower level features new tile flooring throughout. The upper level is a two bedroom, one bath unit with new bathroom, new kitchen, new carpeting and new paint. The upper level second bedroom is ideal as a guest room or home office. The upper level master bedroom offers a large walk in closet. This duplex offers new A/C, new landscaping, new water heaters, new parking pad, new well and pump, new walk way, new fence and new blinds. This duplex is a short walking distance of the Belleair Rec Center. Two golf clubs, Belleair Country Club and the public Belleview Biltmore, are a short distance. Shopping, dining and the Gulf Beaches a short drive. Tampa International Airport is 30 minutes away. Sporting and cultural venues an hour away while the Orlando theme parks 90 minutes.
LAKEVIEW Rental Property with 1 single family home and 1 duplex all on one parcel of land (22,477 sq. ft.) 1122 Wyatt is a single family home with 3 bedrooms, 2 bathrooms, and 1171 sq. ft. of living space. Tenant is on an Annual lease at $950 per month. Inside Utility with washer and dryer (Tenant owns). Newer roof (2009). Laminate flooring. Kitchen has a fridge, oven, and dishwasher. Newer CHA (2013). Good overall condition. Rear Deck with Lake Views. Also on this parcel is a Duplex. (1120 Wyatt St). Unit A is a 1 bedroom, 1 bathroom unit. Updated bathroom. Laminate flooring, Front Covered porch. Kitchen with stove and fridge. On lease for $600.00 per month including water. Wall units. Unit B is a 1 bedroom, 1 bathroom unit. Updated bathroom. Kitchen has a stove and fridge. Laminate flooring. Wall units. On lease including water for $600.00 per month. Good overall condition. Newer Roof (2009). This property is being sold as a Rental Income Package (5 single family homes and 1 duplex) including 1128 Wyatt St., 1118 Wyatt St., and 1116 Wyatt St. in Clearwater. Serious Inquiries Only. Drive by ok. Do Not Bother Tenants. Longtime Maintenance-Person willing to continue with the new owner. Make offer.
BACK ON THE MARKET!! Great Investment Opportunity! 4 Income properties! 4 single family homes on a large corner lot. One 2/1 with attached 1 car carport, One 2/1 with driveway parking, One 2/2 with driveway parking, one 1/1 with driveway parking. Wood floors, eat in kitchens, newer central AC, screened porch. new fence. Market Rental Prices between $560 and $700. Don't miss this great income property! Various units recently updated with fresh paint, flooring and kitchen cabinetry.
Four Plex consists of 2 one bedroom units and 2 studio apartments. Very large lot with circular drive and ample parking. Building has newer siding. Steady income with the potential to increase current rents of $550 to $575, $550 to $575, $500 to $550 and $475 to $500, creating a CAP rate of 10.6%. Location is close to bus line, Belleair Country Club Golf Course, shopping and the popular Wildflower Café, short drive to Downtown Clearwater and the Beach.
Great opportunity to own an income producing property. Two duplexes, back to back w/addresses on Betty & Browning. Each duplex has 2 1BR/1BA units w/1170 sq ft. for each building to have total 2340 heated sq ft in both buildings. These are sold together as one multiple family property w/4 individual units or 2 duplexes. The inside has been recently renovated and now shows off an updated kitchen, a neat living and dining area, a single spacious bedroom and a simple bathroom with a walk-in shower. On the outside whoever makes this their home can enjoy the advantages of a front and back yard, a small dining area and a porch, not to mention the added benefit of his or her own covered parking spot. Cash Offers Only!!!!!!