CLEARWATER, FL 33755 115 N SAN REMO AVENUE

Pending
115 N SAN REMO AVENUE CLEARWATER, FL - Image 1115 N SAN REMO AVENUE CLEARWATER, FL - Image 2115 N SAN REMO AVENUE CLEARWATER, FL - Image 3
0 more
115 N SAN REMO AVENUE CLEARWATER, FL - Image 4
Presented By: KW SUNCOAST with 941-792-2000. - 941-792-2000
  • MLS# A4638720
  • 02/02/2025
  • Request Tour
  • Request Info
  • Beds • 14
  • Baths • 8
  • SQFT • 8,230

Home Details

Under contract-accepting backup offers. Prime 8-Unit Multifamily Investment Opportunity. Located in Clearwater’s vibrant East Gateway District, this 8-unit multifamily community is being offered for sale for the first time in 12 years. The property boasts a solid cap rate with a strong history of proven occupancy and considerable potential for increased rental income. Ideally located residents benefit from easy access to an array of amenities, including 82 restaurants, 19 grocery stores, and 14 parks, all within a one-mile radius. The world-class beaches of Clearwater are just minutes away, adding to the property’s appeal for both tenants and investors. Constructed in 1971, the property consists of a single two-story building set on a corner lot spanning 12,767 square feet. The building features a mix of 2 one-bedroom, one-bathroom units, each offering approximately 713 square feet of living space, and 6 spacious two-bedroom, one-bathroom units, each with around 1,085 square feet. Units are separately metered for water AND electric! All units are equipped with central air conditioning, ensuring tenant comfort year-round. Additional amenities include on-site laundry facilities, which are not currently in use by the owner and could be an additional income source, and ample on-site parking for residents.This is an excellent opportunity to acquire a well-maintained income-producing asset with immediate cash flow and the ability to capitalize on below-market rents, offering strong upside potential. Tenants are unaware of the sale, so showings are strictly drive-by only—please do not walk the property or disturb the tenants. All offers should be submitted subject to interior inspection. The listing agent has a complete package with current financials and the rent roll available upon request via email.
Presented By: KW SUNCOAST with 941-792-2000. - 941-792-2000

Interior Features for 115 N SAN REMO AVENUE

Bedrooms

Total Bedrooms14

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesninguno
Laundry Featureslaundry room

General for 115 N SAN REMO AVENUE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Cityclearwater
Construction Materialsblock, stucco
Coolingcentral air
Countypinellas
Directionsstarting from downtown clearwater, fl, head east on cleveland street toward s myrtle avenue. continue straight on cleveland street, passing through the roundabout, and stay on this road for approximately
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income110400
HOANo
Heatingcentral, electric
Land Lease Y/NNo
Legal Descriptionhighland groves blk a, lots 25 thru 28 incl
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet12767
Lot Size Unitssquare feet
MLS Area33755 - clearwater
ModificationTimestamp2025-06-05t13:04:03.523z
New ConstructionNo
Number Of Units Total8
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namehighland groves
Tax Annual Amount14472.29
Tax Lot25
Tax Year2024
Tenant Payselectricity, sewer, water
Total Actual Rent9200
Utilitiespublic
Water Access Y/NNo
Water View Y/NNo
Year Built1971

Exterior for 115 N SAN REMO AVENUE

Building Area Total9466
Exterior Amenitiesstorage
Foundation Detailsslab
Lot Dimensions120 x 100
Lot Size Acres0.29
Lot Size Area12767
Number of Buildings1
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $1,299,000
MLS#A4638720
List Date 02/02/2025
Property Type Pending
Phone 518.569.7173
Request Tour
Request Info
Visit My Website

Similar Properties to 115 N SAN REMO AVENUE

Got questions? We’re just an email away – feel free to reach out!

MLS® Disclaimer

MLS Logo Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on April 28, 2025 8:46 AM UTC The listing information on this page last changed on Last updated on April 28, 2025 8:46 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Updated on April 28, 2025 8:46 AM UTC

33. Required DMCA Notice

DMCA Disclaimer

The Digital Millennium Copyright Act of 1998, 17 U.S.C. §512, the DMCA, provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Location
  • Babcock Ranch