Kristy Darragh
BEDS0
BATHS
SQUARE FEET12,036
MLS#O6387667
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONACREAGE
Property Description
Well-maintained 15-unit multifamily complex in a highly desirable Clearwater location just minutes from the Missouri Ave Business District, Largo schools, and public transportation. This property features a strong unit mix of nine 1-bedroom and six 2-bedroom apartments across one- and two-story concrete block/stucco buildings. The complex offers 24 parking spaces, a guest laundry room, and a large rear yard with value-add potential. The expansive backyard provides an excellent opportunity to generate additional income through boat and RV storage. Historically 100 occupied, this property has demonstrated consistent performance. The current owner has renovated several units, including tile flooring upgrades and updated A/C systems. Major capital improvements include a brand-new roof (2024) and a new fire alarm system servicing the entire complex.Solid block construction, strong rental history, and additional income potential make this a compelling investment in one of Clearwater's most accessible and growing corridors.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.95 Acres
Roof Type: Shingle
Taxes: $33,640
Year Built: 1981
Amenities
Kitchen/Family Room Combo
Open Floorplan
Solid Wood Cabinets
Thermostat
Lighting
Feature Descriptions
Annual Net Income: 206904.00
Community Features: Street Lights
Directions: Continue onto FL-690/Gateway Expy. Follow US-19 N, FL-686 W/E Bay Dr and Missouri Ave N to your destination
Exterior: Block
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.95
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 15
Utilities: Public, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: RM-15
Listed By / Shown By
Listed By
Agency Name: BLUE PEAK REALTY LLC
Agency Contact: 727-777-7100
Shown By
Agent Name: Kristy Darragh
Agent Phone: (813) 931-6700
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 10,480.89 per month $6,787.98 Principal & Interest $2,803.33 Property Tax $889.58 Homeowner's InsuranceChange Payment Information
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1132 Auburn Street | MLS# O6387667
This multi-family property located at 1132 Auburn Street, Clearwater, FL 33756 is currently listed for sale with an asking price of $3,050,000. Search Clearwater real estate on www.realestatenewtampa.com today.