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Treehouse Apartments 1100 Turner St 33 Unit Apartment Building $5,250,000 ($159,091/Unit) Clearwater, FL 33756
Investment Highlights
- 33 unit apartment complex
- Substantial renovations completed (2023-2026)
- Well designed and spacious floor plans. Each unit has a patio or balcany.
- Prime Clearwater, FL location (Tampa Bay MSA)
- Central courtyard with pool
- New roof & electrical upgrades
Executive Summary
Exceptional 33 - Unit multifamily investment opportunity in desirable Clearwater, FL. Located near parks, beaches, restaurants, and grocery stores. This well maintained property offers attractive amenities including a swimming pool, patio or balcony for each apartment, surrounding parking lot, and on-site laundry facility.
Excellent floorplans include two bedroom units, one bedroom units, studios, and one bedroom loft apartments. Over half of the units have been fully renovated and feature high-end cabinetry, quartz countertops, updated appliances, luxury vinyl plank flooring, full appliances in including dishwashers, balcony/terrace, and modern bathroom fixtures.
Recent capital improvements include new roofs in 2023 and upgraded electrical services including new electric panels and a main electric meter center completed in 2023.
Excellent floorplans include two bedroom units, one bedroom units, studios, and one bedroom loft apartments. Over half of the units have been fully renovated and feature high-end cabinetry, quartz countertops, updated appliances, luxury vinyl plank flooring, full appliances in including dishwashers, balcony/terrace, and modern bathroom fixtures.
Recent capital improvements include new roofs in 2023 and upgraded electrical services including new electric panels and a main electric meter center completed in 2023.
Property Facts
| Price | $5,250,000 | Building Class | C |
| Price Per Unit | $159,091 | Lot Size | 0.84 AC |
| Sale Type | Investment | Building Size | 20,176 SF |
| No. Units | 33 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1973/2025 |
| Property Subtype | Apartment | Parking Ratio | 2.28/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | HDR - HDR - High Density Residential in the City of Clearwater, FL. The land use is Residential High. | ||
| Price | $5,250,000 |
| Price Per Unit | $159,091 |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 20,176 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2025 |
| Parking Ratio | 2.28/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | HDR - HDR - High Density Residential in the City of Clearwater, FL. The land use is Residential High. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Island Kitchen
- Loft Layout
- Patio
- Smoke Free
- Vinyl Flooring
- Window Coverings
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Laundry Facilities
- Picnic Area
- Pool
- Grill
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | 500 |
| 1+1 | 18 | - | 500 - 700 |
| 2+2 | 3 | - | 750 |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 15-29-15-55062-001-0010 | Improvements Assessment | $1,404,975 |
| Land Assessment | $420,025 | Total Assessment | $1,825,000 |
Property Taxes
Parcel Number
15-29-15-55062-001-0010
Land Assessment
$420,025
Improvements Assessment
$1,404,975
Total Assessment
$1,825,000
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Treehouse Apartments | 1100 Turner St
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