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214 S Highland Avenue

Clearwater, FL 33755
  • $599,000
  • STATUS: Active
  • ON SITE: 209 Days
  • MLS #: U8241227
$599,000
  • 3
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,064
    SQFT
  • $290
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great opportunity for cash flow on a corner lot triplex or potential development on this 15,033 sqft corner lot! The triplex will need some TLC. It features a diverse unit mix: a 2-bedroom, 1.5-bath unit (#214B), a 1-bedroom, 1-bath unit (#212), and an efficiency/studio with a bathroom (#214A). The 2-bedroom unit was generating $2,200/month, while the 1-bedroom unit could potentially fetch $2,000/month on VRBO or AIRBNB. The studio, due to previous tenant damages, had been successfully rented on VRBO and Airbnb for $2,200/month (Rental Restriction in Clearwater is 30 days minimum rental). Units 214A and 214B share electric and water meters, and unit 212 has separate meters. The main 2-bedroom unit features hardwood floors and a master suite with a walk-in closet. The bonus room, complete with a fireplace, offers a versatile space that can be used as a game room or an office. The properties include central and window A/C units, with the central A/C for unit 214B (2004). The roof was replaced in 2017. Additionally, there is a storage shed/workshop on the vacant lot. For developers, this property is situated in the Downtown Gateway area, where the maximum residential density is 35 units/acre, allowing up to 10 units on this particular lot size. Buyers should confirm all permits, building codes, zoning, and leasing restrictions with the City of Clearwater.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T08:42:36.747.
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214 S Highland Avenue Clearwater, FL 33755

  • Price: $599,000
  • Status: Active
  • On Site: 209 Days
  • MLS #: U8241227
3
Beds
0
Baths
0
½ Baths
0.35
Acres
2,064
SQFT
$290
$/SQFT
1952
Built
Neighborhood:
Boulevard Heights
County:
Pinellas
Area:
Clearwater
Elementary School:
Skycrest Elementary-Pn
Middle School:
Oak Grove Middle-Pn
High School:
Clearwater High-Pn
Property Description
Great opportunity for cash flow on a corner lot triplex or potential development on this 15,033 sqft corner lot! The triplex will need some TLC. It features a diverse unit mix: a 2-bedroom, 1.5-bath unit (#214B), a 1-bedroom, 1-bath unit (#212), and an efficiency/studio with a bathroom (#214A). The 2-bedroom unit was generating $2,200/month, while the 1-bedroom unit could potentially fetch $2,000/month on VRBO or AIRBNB. The studio, due to previous tenant damages, had been successfully rented on VRBO and Airbnb for $2,200/month (Rental Restriction in Clearwater is 30 days minimum rental). Units 214A and 214B share electric and water meters, and unit 212 has separate meters. The main 2-bedroom unit features hardwood floors and a master suite with a walk-in closet. The bonus room, complete with a fireplace, offers a versatile space that can be used as a game room or an office. The properties include central and window A/C units, with the central A/C for unit 214B (2004). The roof was replaced in 2017. Additionally, there is a storage shed/workshop on the vacant lot. For developers, this property is situated in the Downtown Gateway area, where the maximum residential density is 35 units/acre, allowing up to 10 units on this particular lot size. Buyers should confirm all permits, building codes, zoning, and leasing restrictions with the City of Clearwater.
Exterior Features

Carport Yn No Construction Materials Wood Frame Exterior Features FencedStorage Foundation Details CrawlspaceStem Wall Lot Features City LotOversized Lot Lot Size Dimensions 83 x 110 Open Parking YN Yes Parking Features BoatDriveway Pool Private Yn No Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 2872 Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features Wood Burning Fireplace Yn Yes Flooring Hardwood Heating ElectricWall Units / Window Unit Heating YN Yes Interior Features Ceiling Fan(s)Primary Bedroom Main Floor Laundry Features In Garage Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 20160 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms CashConventional New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Attached YN Yes Property Condition Fixer Property Sub Type Triplex Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 6434.81 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailableSewer AvailableWater Available


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CAPSTONE REALTY & ASSOCIATES: 727-301-7855.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T08:42:36.747.
 
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