1739 Overbrook Ave | Clearwater, FL 33755
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- LoopNet Team
1739 Overbrook Ave
Clearwater, FL 33755
THE CLEARWATER BEACH DUPLEXES FOR SALE! · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 2 DUPLEXES LOCATED IN CLEARWATER FLORIDA, MINUTES FROM WOULD-FAMOUS CLEARWATER BEACH!
- 7% CAP RATE IN PLACE! 8% CAP RATE IN 2025! 9% CASH-ON-CASH RETURN IN 2025! 9% CAP RATE IN 2026! 11% CASH-ON-CASH RETURN IN 2026!
- 100% OCCUPIED, WITH SHORT-TERM LEASES IN PLACE.
- EXTREMELY LOW RENTAL RATES IN PLACE AT THE PROPERTY GIVING THE BUYER MASSIVE UPSDIE!
- CURRENT RENTAL RATES ARE ALMOST $350 PER UNIT BELOW THE MARKET AVERAGE RENTAL RATE!
- EASY TO MANAGE FOR A LOCAL OR OUT-OF-STATE INVESTOR! UPDATED ROOFS AND HVAC UNITS IN THE PAST 5 YEARS!
PROPERTY FACTS
| No. Units | 4 | Building Size | 1,408 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1957/2022 |
| Building Class | C | Parking Ratio | 3.3/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | MF - Duplexes, Multi-Family | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 1,408 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1957/2022 |
| Parking Ratio | 3.3/1,000 SF |
| Zoning | MF - Duplexes, Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Wi-Fi
- Yard
- Grill
- Freezer
- Instant Hot Water
- Lawn
- Patio
- Vinyl Flooring
PROPERTY TAXES
| Parcel Number | 03-29-15-60048-000-0040 | Improvements Assessment | $132,472 |
| Land Assessment | $97,528 | Total Assessment | $230,000 |
PROPERTY TAXES
Parcel Number
03-29-15-60048-000-0040
Land Assessment
$97,528
Improvements Assessment
$132,472
Total Assessment
$230,000
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