SQUARE FEET4,093
MLS#TB8513340
STATUSActive
PROPERTY TYPECommercial - Multiple
SUBDIVISIONSUNSET POINT A REP
Property Description
Exceptional investment opportunity in perfect Clearwater location. Featuring a 6-unit multifamily property on an oversized lot with abundant on-site parking and additional owner storage shed. This professionally managed asset offers strong cash flow with an excellent cap rate and 5 of 6 units currently occupied, providing immediate income with one vacant unit available for easy showings or owner occupancy. All units have been renovated and in great shape! This is ideal for investors seeking a stable, turnkey asset in a high-demand rental corridor near Dunedin and Clearwater. The flexible layout presents multiple strategies: continue operating as a high-performing income property, increase rents over time, or live in the larger primary unit while the remaining units offset expenses and generate passive income. Tenants love the location with quick access to vibrant downtown Dunedin restaurants, breweries, shopping, and waterfront parks. Enjoy stunning Gulf Coast sunsets along Edgewater Drive and easy access to world-famous Clearwater Beach. Convenient to major employment centers, beaches, recreation, and entertainment, this property has consistently attracted reliable tenants and has been easy to lease. Additional highlights include ample parking, large lot size with future potential, owner storage, strong rental history, and pride of ownership throughout. Property has experienced no flooding or storm-related issues during ownership, offering added confidence for long-term investors. Rare opportunity to acquire a well-positioned multifamily asset in one of Pinellas County's most desirable rental markets.
Property Features
Property Type: Commercial - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Ductless
Lot Size: 0.42 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $9,998
Year Built: 1946
Feature Descriptions
Appliances: Microwave, Refrigerator
Days on Site: 3
Directions: Take Keene Rd. South, go West on sunset point rd to address on Right.
Exterior: HardiPlank Type, Frame, Wood Siding
Flood Zone Code: X
Flooring: Luxury Vinyl, Other, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Near Golf Course, Near Public Transit, Sidewalk, Street Lights, Paved
Lot Dimensions: 0.42
Other Structures: Storage
Ownership: Fee Simple
Parking: Lighted, Shared Parking
Parking Notes: Lighted, Shared Parking
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sale Includes: Building(s) and Land, Leases
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, Lock Box Coded
Special Sale Provisions: None
Units: 6
Vegetation: Trees/Landscaped
Water: Public
Water Access Y/N: No
Windows: Blinds
Listed By / Shown By
Listed By
Agency Name: ENGEL & VOLKERS BELLEAIR
Agency Contact: 727-461-1000
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
1102 Sunset Point Road | MLS# TB8513340
This commercial property located at 1102 Sunset Point Road, Clearwater, FL 33755 is currently listed for sale with an asking price of $1,249,000. Search Clearwater real estate on www.realtymarkllc.com today.