$2,990,000 Price Analysis    ♡   Clearwater, FL 33756 20 bed 15 bath 12,036 SqFt ($248/SqFt) 0.95 acre lot. Built 1981 Listed 2024-06-26, Taxes $23,662 | Ⓧ USDA Ineligible due to price & location near Clearwater |
1132 Auburn St is a unique opportunity to own a stabilized 15 unit multi-family apartment complex in unincorporated pinellas county with substantial room for growth.
With exceptional proximity to the Downtown Largo Redevelopment project, 1132 Auburn St is less than 2 miles from Largos Urban Core. Ownership spent several hundred thousand dollars in CapEx including new roof, exterio r paint, landscaping, paved parking lot with assigned spaces, central HVACs, common laundry room, shard grass area.
Interior renovations include new luxury vinyl flooring, cabinets, quartz countertops, recessed lighting and updated appliances. -Favorable Unit Mix of 66% One Bedrooms and 33% Two Bedrooms - (10) One Bedroom One Bath Units - (5) Two Bedroom, One Bath units Brand new owner has the ability to recapture an average of $332/month per unit - increasing the the total rent roll by $51, 792. Enjoy a strong cashflow right from the start and let the property appreciate.
Presented by Frank Brito at
MPGFL TAMPA LLC.
Property MLS #T3537224 from StellarMLS
Full Bathrooms: 15
Thermostat
Heating Features: Central, Electric
Fence
Garden
Storage
Road Surface Type: Asphalt
Lot Size Square Feet: 41404
Number of Units: 15
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Tenant Pays: Electricity, Sewer, Water
Source Listing Status: Active
County: Pinellas
Directions: South from 60 to missouri then right on auburn st
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 33756 - Clearwater/Belleair
Source Neighborhood: ACREAGE
Parcel Number: 27-29-15-00000-240-1600
Subdivision: ACREAGE
Township: 29
Zoning: RM-15
Property Subtype: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $793,324 + $416,676 $1,210,000 | $23,662 |
| 2021 | $747,515 + $352,485 $1,100,000 | $22,904 |
| 2020 | $689,445 + $390,555 $1,080,000 | $22,981 |
| 2019 | $596,821 + $228,179 $825,000 | $18,135 |
| 2018 | $541,550 + $228,450 $770,000 | $17,305 |
| 2017 | $572,427 + $193,573 $766,000 | $17,446 |
| 2016 | $unknown + $unknown $720,000 | $15,649 |
| 2015 | $unknown + $unknown $600,000 | $14,183 |
| 2014 | $unknown + $unknown $582,400 | $13,874 |
| 2013 | $unknown + $unknown $565,000 | $13,596 |
| 2012 | $unknown + $unknown $575,000 | $12,888 |
| 2011 | $unknown + $unknown $585,000 | $13,021 |
| 2010 | $unknown + $unknown $610,000 | $13,357 |
| 2009 | $unknown + $unknown $685,000 | $14,366 |
| 2008 | $unknown + $unknown $775,000 | $15,626 |
| 2007 | $unknown + $unknown $790,000 | $15,626 |
$2,990,000
StellarMLS
Listing removed 2023-12-28
$2,250
StellarMLS
Listed for rent 2023-11-27
$2,250
StellarMLS
Sold 2023-05-10
$2,525,000
StellarMLS
Price Changed 2023-03-21
$2,690,000
StellarMLS
Listed 2023-03-05
$2,749,000
StellarMLS
Sold 2019-06-04
$1,275,000
StellarMLS
Sold 2016-06-03
$915,000
Public Record
Sold 2005-09-26
$859,000
Public Record
Sold 2004-03-05
$725,000
Public Record
Sold 2001-08-17
$600,000
Public Record
Sold 2001-06-22
$435,000
Public Record
Year Built: 1981
Construction Materials: Block
Foundation Details: Slab
Property Age: 43
Roof: Shingle
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.