400 S Orion Avenue, Clearwater, FL 33765

$690,000
2,967
SqFt

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Sold Price
$690,000
List Price
$769,000
Status
Sold
Days on Market
2
Closing Date
Mar 01, 2024
MLS#
O6178200
Property Style
Multi-Family
Year Built
1954
Living Area
2,967
Lot Size
10,812
Acres
0.25
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Skycrest
MLS Area Major
Clearwater/Sunset Point

Property Description

Very well established and highly profitable 6-unit rental property with excellent occupancy record. Perfect for long-term rentals, (as is established in the community) or destination getaway. Property has been occupied, managed and well maintained by owners for over 30 years, (owner retiring). Located on quiet side street close to shopping, restaurants, nightlife and some of Florida's favorite beaches and is only a short drive to Ybor City & Tampa. Orlando and Disney are a simple day trip. Ample off-street parking, outdoor private & common areas and storage sheds loaded with tools and equipment that will convey. Property includes many updates, upgrades and some furnishings. Excellent income opportunity from day one. Owner can live on property and have rental units pay all their expenses. Some current rent rates are lower than market standard in exchange for tenant assistance with property. $80,000+ potential yearly income.

Additional Information

Taxes
$5410
Community Features
No Deed Restriction
Interior Layout
Primary Bedroom Main Floor
Interior Features
Primary Bedroom Main Floor
Utilities
Cable Connected, Electricity Connected, Water Connected
Heating
Electric, Other
Air Conditioning
Central Air, Other, Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
Courtyard
Roof
Membrane, Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Driveway, Off Street, Open
Pets
Allowed
Flood Zone Code
X
Parcel ID
13-29-15-82584-003-0050
Legal Description
SKYCREST UNIT B BLK C, LOT 5

Listing courtesy of DAIGNAULT REALTY INC. 321-453-2151

Selling Office: KYLIN REALTY LLC.

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