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1121 Druid Rd
Clearwater, FL 33756
Terraces at Clearwater Beach · Multifamily Property For Sale · 200 Units

PROPERTY FACTS

No. Units 200
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 11.43 AC
Building Size 157,475 SF
Average Occupancy 85%
No. Stories 2
Year Built/Renovated 1949/1993
Parking Ratio 1.27/1,000 SF
Zoning R- Clearwater - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Patio
  • Trash Compactor
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Tennis Court
  • Renters Insurance Program
  • Bicycle Storage
  • Hearing Impaired Accessible
  • Maintenance on site
  • Multi Use Room
  • Online Services
  • Vision Impaired Accessible
  • Public Transportation
  • Individual Locking Bedrooms
  • Private Bathroom

ABOUT 1121 DRUID RD , CLEARWATER, FL 33756

**** Under Contract **** Clearwater Oaks offers an investor the opportunity to acquire a 201-unit multifamily community located in the heart of Clearwater, Florida. The Property consists of 200, 725 square foot townhome units and one 525 square foot studio on a 11.42 acre site. The Property is a townhome community consisting of concrete block walls, floors and roofs. Decorative, pitched shingle roofs were added in 2000. The 23 buildings that house the units are situated in a park-like setting with exceptional mature oaks and a canopy providing charming, shaded areas throughout the Property. The Property is located in the heart of Clearwater, Florida. The downtown area is just minutes from the Property. The proximity to the pristine Gulf of Mexico beaches that are ranked in numerous vacation magazines is unbeatable. These Top-Ranked beaches include Caladesi Island, Honeymoon Island, Clearwater Beach and Sand Key. The closeness of Gulf-to-Bay Boulevard makes the major retail destinations easily accessible, primarily at the interchange with U.S. Highway 19 North. The Property is also in close proximity to Morton Plant Hospital and the Belleair Country Club.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 200 - 725

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-29-15-00000-340-0200
Land Assessment
$8,898,718
Improvements Assessment
$15,501,282
Total Assessment
$24,400,000
  • Listing ID: 13106317

  • Date on Market: 7/9/2018

  • Last Updated:

  • Address: 1121 Druid Rd, Clearwater, FL 33756

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