MLS® ID: U8018289
809 TURNER STREET
CLEARWATER, Florida, 33756 $499,500
The owner of the property has had all units gutted and renovated with new bathrooms, new kitchens , new flooring throughout, all new roofs, new a/c systems, new front porch renovated in front house . All 3 buildings have been tented for termite pest control with new siding installed.Driveway and parking area has just been evenly paved with sea shell gravel. There were 4 new water heaters recently installed, new electric panels and updated rewiring to meet code. Attractive units that are move in ready for tenants .Property is in downtown Clearwater area close to beaches.It is possible to do monthly minimum vacation rentals with associated state taxes being paid on an individual unit basis when rented short term. However no unit could be rented for more that 12 times a year as any shorter term than 1 month is not legal to my understanding.City of Clearwater would need to be contacted and have this clarified by purchaser for details.Projected net income= $50,676 approximately at sale price of $499,000 = about a 10% cap rate. Seller will consider reasonable offer.Property sold As Is.