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105 N LADY MARY DR, CLEARWATER, FL, 33755
$598,000
Residential Income
Bedrooms
3
Bathrooms
3
Living Area
1,833 Sqft
Lot Size
23,122 Sqft
REDEVELOPMENT OPPORTUNITY !! Over 1/2 Acre in the City of Clearwater !! CLEAN, WELL MAINTAINED DUPLEX is on level ground, and is currently earning almost $40k in income !! Separate water and electric meters !! Plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 Square Feet !! Zoning will allow up to 18 units !! (Code for the Downtown Gateway District is 35 units per acre, up to 45 feet high). If you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! Close to Downtown Clearwater, and the newly redeveloped Cleveland Street Corridor !! And only 8 minutes to World Famous Clearwater Beach !! Both units are occupied with quality tenants. Please do not disturb. Ask about OWNER FINANCING !!
Property Details
Property Features Property Features
MLS ID: MFRU8209507 Year Built: 1957
Appliances: Range, Refrigerator Construction Materials: Block, Stucco
Cooling: Central Air Country: US
County Or Parish: Pinellas Exterior Features: Fence, Lighting, Rain Gutters, Sidewalk, Storage
Flooring: Terrazzo Foundation Details: Slab
Furnished: Unfurnished Heating: Central
Laundry Features: Laundry Room Lease Term: Twelve Months
Levels: One Listing Agreement: Exclusive Agency
Listing Terms: Cash, Conventional Lot Features: City Limits, In County, Landscaped, Level, Near Golf Course, Near Public Transit, Oversized Lot, Sidewalk, Paved
Occupant Type: Tenant Other Structures: Shed(s)
Parking Features: Boat, Covered, Driveway, Guest, Off Street, Oversized Patio And Porch Features: Covered, Front Porch
Possession: Close Of Escrow Property Condition: Completed
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Paved Roof: Shingle
Security Features: Smoke Detector(s) Sewer: Public Sewer
Showing Requirements: Call Listing Agent, Do Not Contact Tenants, Other, See Remarks Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity, Sewer, Trash Collection, Water Utilities: Public
Water Source: Public
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