$740,000
$755,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
3,360 SqFt
SOLD DATE : 08/08/2022
Key Details
Sold Price $740,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $220
Subdivision Lauras Little Farms
MLS Listing ID U8162587
Sold Date 08/08/22
HOA Y/N No
Originating Board Stellar MLS
Year Built 1982
Annual Tax Amount $5,733
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 70x243
Property Description
Multiple Income Stream Options Here!! This turn-key triplex property located in the popular vacation destination town of Clearwater, Florida, is primed to provide SOLID INCOME STREAM via multiple scenarios – Airbnb, or annual rentals, or owner occupy one unit and rent two units. Either way, this property is poised to generate significant income. Located just 2.4 miles from the St. Pete/Clearwater International Airport, and 10 miles from the sugar sand beach, restaurants and nightlife of Clearwater Beach, yet tucked in a quite residential area with quick access to US Hwy 19. This area of Clearwater is unincorporated. The Airbnb POSSIBILITIES ARE ENDLESS!! Each 2 BR/2BA unit could sleep 6 to 8 or rent the entire property to large groups for special events. The ADDITIONAL VACANT LOT SPACE could easily be renovated into amenity space for guests. Nearby 2BR/1BA AirBnB properties are receiving $185/night and up!
This turn-key triplex has been very well maintained and the major updates have been done - NEW ROOF June 2021, NEW EXTERIOR PAINT April 2022, (3) NEW WATER HEATERS 2021, (3) NEW DISHWASHERS 2020, RE-SEALED AND STRIPED ASPHALT PARKING lot with assigned parking for 6 vehicles, April 2022. Each unit is a spacious 1,120 square feet 2-BR, 2-BA with an OPEN FLOOR PLAN AND VAULTED CEILINGS, CERAMIC TILE THROUGHOUT. Photos are of one unit, but all units have the same floorplan, and all are in EXCELLENT CONDITION. Master bedroom suites with updated bathrooms, granite countertops, large walk-in closets, 2nd closets. Units were updated in 2014 and all new electrical panels were installed in 2014. Inside laundry closets with WASHERS & DRYERS INCLUDED. Each unit has a COVERED ENTRY and sliding glass doors leading to an OPEN REAR PATIO. But wait…. MORE INCOME POTENTIAL!! This triplex is situated on an OVERSIZED.39-ACRE LOT. Already zoned for two to four units, this triplex COULD EASILY BE EXPANDED INTO A QUAD. Seller has cleared and maintained the property extremely well, including quarterly pest control service throughout ownership. Current tenants pay below market rents, one on a month-to-month basis, other leases EXPIRING WITHIN 3-9 MONTHS. Estimated potential gross income of $72,000 is based on market rents at $2000, but could be higher. Tenants pay utilities and units are separately metered. Rent includes trash and lawn care. Showings by appointment only. Listing Agent must accompany. Please do not walk the property or disturb the tenants. Signed Covid acknowledgment and POF required for showings.
Location
State FL
County Pinellas
Community Lauras Little Farms
Zoning R-4
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Fence, Lighting, Sidewalk, Sliding Doors
Garage Assigned, Guest, Off Street, Oversized, Parking Pad
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water - Multiple Meters
Waterfront false
Roof Type Shingle
Porch Covered, Front Porch, Rear Porch
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Stucco, Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with DALTON WADE INC
Ani Palaus
Agent License ID: SL3527257
I'm Ani Palaus, your expert in Tampa Bay Coastal properties. From luxurious beachfront homes to charming coastal cottages and stunning waterfront condos, I have the experience to find your dream property. With my deep knowledge of the local market, I'll provide valuable insights and guide you through a seamless buying or selling process. Whether you're a first-time buyer or a seasoned investor, I’m here to help you achieve your real estate goals with exceptional service and dedication.