214 S HIGHLAND AVE Active Save Request In-Person Tour Request Virtual Tour
Clearwater,FL 33755
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,064 sqft
Price per Sqft $290
Subdivision Boulevard Heights
MLS Listing ID U8241227
Bedrooms 3
Year Built 1952
Annual Tax Amount $6,434
Lot Size 0.350 Acres
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.
Location
State FL
County Pinellas
Community Boulevard Heights
Interior
Heating Electric,Wall Units / Window Unit
Cooling Central Air,Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Wood Burning
Laundry In Garage
Exterior
Exterior Feature Fence,Storage
Parking Features Boat,Driveway
Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available
Roof Type Shingle
Building
Lot Description City Limits,Oversized Lot,Paved
Foundation Crawlspace,Stem Wall
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Schools
Elementary Schools Skycrest Elementary-Pn
Middle Schools Oak Grove Middle-Pn
High Schools Clearwater High-Pn
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None