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$3,100,000   Price Analysis
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1552 S Myrtle Ave
Clearwater, FL 33756
40 bed 26 bath 16,509 SqFt ($187/SqFt)
1.36 acre lot. Built 1930
Listed 2024-05-14, Taxes $21,146
Ⓧ USDA Ineligible
due to price & location

near Clearwater

Under contract-accepting backup offers.

* Sale Pending *

NOTES: Excellent Multi-family investment opportunity. 14 apartment units centrally located in Clearwater. The complex features a leasing office, a community building and a storage/maintenance building. There is a laundry area with washers and dryers.

The property has been fully renovated and has newer roofs, hurricane impact windows, new HVAC units and new kitchen appliances. The buildings are fire sprinkle and ar e concrete block construction. There s significant upside through the increase in allowable rents. Interested parties must register for complete package


Presented by Joseph Santolucito at
Klein & Heuchan Inc Realty.


Property MLS #U8242760 from StellarMLS

Bedrooms: 40

Total Bathrooms: 26
Full Bathrooms: 26

Kitchen/Family Room Combo

Laundry Features: Common Area, Electric Dryer Hookup, Outside, Washer Hookup

Cooling Features: Central Air
Heating Features: Central, Electric

Outbuilding(s)
Sidewalk
Sprinkler Metered
Other Structures: Outbuilding, Storage
Road Surface Type: Asphalt, Paved

Lot Description: City Limits, Landscaped
Lot Size Acres: 1.36
Lot Size Dimensions: 103x420
Number of Lots: 1
Lot Size Square Feet: 59368

Parking Features: Ground Level, On Street, Open

View: City

Number of Buildings: 4
Number of Units: 14
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1

Calculated Total Monthly Association Fees: 0

Lease Term: Minimum Lease: 1-2 Years
Tenant Pays: Gas

Annual Tax Amount: 45000
Source Listing Status: Pending
County: Pinellas
Directions: Ft. Harrison South, Left on Belleair Rd. left on Myrtle Ave. to property
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 33756 - Clearwater/Belleair
Source Neighborhood: PART OF SE 1/4 OF SE 1/4 3.35FT TH S89D12'20 E 304
Parcel Number: 21-29-15-00000-440-2500
Postal Code Plus 4: 2152
Subdivision: PART OF SE 1/4 OF SE 1/4 3.35FT TH S89D12'20 E 304
Township: 29
Zoning: MDR
Property Subtype: Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2012$unknown + $unknown
$984,500
$21,146

Listed 2024-05-14
$3,100,000
StellarMLS
Sold 1994-11-15
$72,000
Public Record
Sold 1989-01-26
$70,000
Public Record
Sold 1988-01-15
$60,000
Public Record
Sold 1988-01-01
$60,000
Public Record

Total Square Feet Living: 16509
Year Built: 1930
Building Area Source: Public Records
Building Area Total: 16509
Construction Materials: Block, Wood Frame
Foundation Details: Crawlspace, Pillar/Post/Pier, Slab
Levels: One
Property Age: 94
Property Condition: Completed
Roof: Shingle

Sewer: Public Sewer
BB/HS Internet Available
Cable Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Sprinkler Meter
Street Lights
Water Connected
Water Source: Public

Belleair Elementary School is a public elementary school located approximately 0.8 miles away.
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Largo High School is a public high school located approximately 1.6 miles away.
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Largo Middle School is a public middle school located approximately 2.3 miles away.
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Woodlawn Community Academy is a private elementary, middle and high school located approximately 0.5 miles away.
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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.