MLS® ID: U8018289

809 TURNER STREET

CLEARWATER, Florida, 33756

$499,500 Active
  • 2956 SQFT
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.
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Listing courtesy of EQUITY PRO REALTY

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    33756
  • Office name
    EQUITY PRO REALTY
  • Subdivision
    MAGNOLIA PARK
  • SQFT
    2956
  • Bedrooms
    0
  • Property type
    Residential Income
  • Year built
    1925
  • Lot size
    0.22
  • Waterfront
    No
  • Heating
    Electric
  • Tax year
    2018
  • Agent name
    Frank Aggio, PA
  • Tax amount
    $ 3303.0
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    2500-3000 sq ft.
  • Area
    33756 - Clearwater/Belleair
  • Year Built Range
    1989 (and earlier)
  • Office ID
    260015844
  • Agent ID
    260015877

Location

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