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1338 Pierce St
Clearwater, FL 33756
Pierce Street Apartments · Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 11,224 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.79/1,000 SF |
| Zoning | HRD, Clearwater | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 11,224 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | HRD, Clearwater |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Laundry Facilities
ABOUT 1338 PIERCE ST , CLEARWATER, FL 33756
UNDER CONTRACT Spanish Gardens is a 16-unit value-add opportunity located in the heart of Clearwater, Florida. The property was constructed in 1972 with concrete block framing and stucco exterior. The unit mix at Spanish Gardens consists of 8 one-bedroom one-bathroom floor plans, 6 two-bedroom one-and-a-half-bathroom floor plans, and 2 three-bedroom one-and-a-half-bathroom floor plans. The property is centrally located in Pinellas County, the most densely populated county in the state of Florida. Just a few blocks from the downtown area, residents at Spanish Gardens enjoy convenient access to all that Clearwater has to offer, including its world-renowned beaches. Spanish Gardens is a value-add multifamily opportunity with immediate upside as rents are at the bottom of the market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 500 - 575 |
| 2+2 | 6 | - | 625 |
| 3+2 | 2 | - | 675 |
PROPERTY TAXES
| Parcel Number | 15-29-15-38574-026-0010 | Improvements Assessment | $739,166 |
| Land Assessment | $280,834 | Total Assessment | $1,020,000 |
PROPERTY TAXES
