1142 Sunset Point Rd | Clearwater, FL 33755
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1142 Sunset Point Rd
Clearwater, FL 33755
Sunset Cove · Multifamily Property For Sale
·
33 Units
INVESTMENT HIGHLIGHTS
- Class B+ Community which Converted to Condo in 2006 Before Reverting Back to Apartments in 2016
- Concrete Block Construction with Hurricane Impact Windows/Doors
- CapEx over the Past 12 Months including 12 Unit Rehabs, a New Roof and Numerous Mechanical System Replacements
- Property Received a Major Rehab in both 2005 and then 2016
- Turn-Key Asset with Minimal Overhead and Organic Rental Upside
- Located Just Blocks from the Intercoastal Waterway and Edgewater Drive
PROPERTY FACTS
| No. Units | 33 | Lot Size | 1.31 AC |
| Property Type | Multifamily | Building Size | 22,746 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1969/2016 |
| Building Class | C | ||
| Zoning | MHDR, Clearwater | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.31 AC |
| Building Size | 22,746 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2016 |
| Zoning | MHDR, Clearwater |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 6,504 |
| 2+1 | 21 | - | 11,610 |
PROPERTY TAXES
| Parcel Number | 03-29-15-88092-000-0290 | Improvements Assessment | $2,538,354 |
| Land Assessment | $1,111,646 | Total Assessment | $3,650,000 |
PROPERTY TAXES
Parcel Number
03-29-15-88092-000-0290
Land Assessment
$1,111,646
Improvements Assessment
$2,538,354
Total Assessment
$3,650,000
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