$690,000
Clearwater, FL 33765
MLS# 1004476
Status: Closed
3153 sqft
1 / 58
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.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Current Price: $690,000
Original List Price: 769000
Sold Price: $690,000
Status: Closed
Listing Contract Date: 2024-02-09
Property Sub Type: Multi Family
Location, Tax, and Legal
Tax Account: R141596
Parcel Number: 13/29/15/82584/003/0050
General County Location: Out of Brevard
Tax Annual Amount: 4970
Tax Year: 2022
Tax Legal Description: SKYCREST UNIT B BLK C, LOT 5
Directions: West on route 60, Gulf to Bay Blvd to right on S. Orion Ave. Property is on left. No sign on property.
General Property Information
Number Of Buildings: 2
Number Of Units Total: 6
Stories Total: 1
Living Area: 2967
Living Area Source: Public Records
Building Area Total: 3153
Lot Size Acres: 0.2482
Lot Size Square Feet: 10811.59
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Open Parking Spaces: 8
Parking Total: 8
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Partially
Stories: 1
Entry Level: 1
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 259.18
Sold Price/SqFt: 232.56
Remarks and Miscellaneous
Public Remarks: 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.
Appliances
Dryer: 1
Electric Range: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Association Amenities
None: 1
Closing Company Details
Closing Company Name: The Closing Agent
Closing Company Address: 135 S Courtenay Pkwy, Merritt Island, FL 32952
Construction Materials
Block: 1
Cooling
Central Air: 1
Electric: 1
Multi Units: 1
Separate Meters: 1
Varies by Unit: 1
Wall/Window Unit(s): 1
Current Use
Multi-Family: 1
Exterior Features
Courtyard: 1
Fencing
Fenced: 1
Heating
Electric: 1
Individual: 1
Separate Meters: 1
Varies by Unit: 1
Laundry Features
Common Area: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Other Structures
Shed(s): 1
Parking Features
Additional Parking: 1
Off Street: 1
Pool Features
None: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 75000
Income Includes
Rent Only: 1
Owner Pays
Other: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Membrane: 1
Shingle: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Tenant Pays
Other: 1
Unit 1 Details
Unit ID: 400
Actual Rent: 1200
Unit SqFt: 600
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Unfurnished
Unit Remarks: Owners unit
Unit 2 Details
Unit ID: 402
Actual Rent: 925
Unit SqFt: 600
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Unfurnished
Unit Remarks: Full unit
Unit 3 Details
Unit ID: 400 1/2
Actual Rent: 1150
Unit SqFt: 180
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Partially
Unit Remarks: Efficiency unit
Unit 4 Details
Unit ID: 402 1/2
Actual Rent: 1000
Unit SqFt: 180
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Partially
Unit Remarks: Efficiency unit
Unit 5 Details
Unit ID: 402 1/2A
Actual Rent: 1325
Unit SqFt: 675
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Unfurnished
Unit Remarks: Full unit
Unit 6 Details
Unit ID: 402 1/2B
Actual Rent: 650
Unit SqFt: 675
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Unfurnished
Unit Remarks: Full unit
Utilities
Cable Connected: 1
Electricity Connected: 1
Separate Electric Meters: 1
Sewer Connected: 1
Water Connected: 1
View
Other: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
No Sign: 1
Showing Service: 1
Showing Considerations
Occupied: 1
Non Member Info
Non-Member Brokerage: Kylin Realty
Non-Member Name: yongkai zheng
Location Tax and Legal
Street Number: 400
Street Direction Prefix: S
Street Name: Orion
Street Suffix: Avenue
County: Pinellas
State: FL
Postal Code: 33765
MLS Area Major: 999 - Out of Area
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2024-03-01T16:50:35Z
Major Change Type: Status Change
Status Change Timestamp: 2024-03-01
Purchase Contract Date: 2024-02-14
Close Date: 2024-03-01
Close Price: 690000
Property Features
Appliances: Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer
Association Amenities: None
Construction Materials: Block
Cooling: Central Air; Electric; Multi Units; Separate Meters; Varies by Unit; Wall/Window Unit(s)
Current Use: Multi-Family
Exterior Features: Courtyard
Fencing: Fenced
Financial Data Source: Owner
Heating: Electric; Individual; Separate Meters; Varies by Unit
Income Includes: Rent Only
Laundry Features: Common Area
Levels: One
Listing Terms: Cash; Conventional
Other Structures: Shed(s)
Owner Pays: Other
Parking Features: Additional Parking; Off Street
Pool Features: None
Possession: Negotiable; Subject To Tenant Rights
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Membrane; Shingle
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Other
Utilities: Cable Connected; Electricity Connected; Separate Electric Meters; Sewer Connected; Water Connected
View: Other
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; No Sign; Showing Service
LBP Disclosure 
Listing Office: Daignault Realty Inc
Last Updated: June - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.