Four parcels of land that are contiguous , totalling 1.84 MOL Acres. consisting of 4 adjoining Properties located on the North side of Sunset Point Road. Owners have submitted a site plan for 27 Apartment Units to the City of Clearwater for approval, submission can be changed for 27 Townhome Units, whatever a Purchaser/Developer desires. Their are 12 plus Existing Rental units that are on a month to month lease. For your information, the monthly rental income is $10,000.00 monthly MOL. Buyer can purchase this 1.84 Acres with 12 Rental Income properties, hold for a few years then develop for 27 Townhome or new Apartment Units, Seller will supply Income and Expense Statements. Photos show the rental homes and triplex on the 1.83 Acres. All existing rental improvements on the 1.84 Acres MOL is being sold "AS IS". Buyer Must due their own due diligence and inspection of rental units.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 1050-1062 Sunset Point Road, Clearwater, FL
is currently for sale.
1050-1062 Sunset Point Road, Clearwater is listed
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