• Festival Core Apartments - 1437 / 1441 Gulf to Bay Blvd, Clearwater, FL 33755

For Sale

Multi-Family

For Sale

This property is available for sale
0.3
Acres
$675,000
Sale Price
  • Year Built
    1969
  • Total Building Size
    5,543 RSF
  • Overview

    Rare investment opportunity to purchase a duplex, triplex, and quadplex all at once. This property contains two parcels with one containing the quadplex and the other containing the duplex and triplex. What makes this a truly unique and great investment opportunity is the fact that this property is right in the path of redevelopment for the Cleveland Streetscape and Festival Core project. So you can purchase the property and collect excellent cash flow while the redevelopment heads your way. At that time the property can either be kept as multi-family rentals or redeveloped into retail storefronts. In addition, the existing property manager has agreed to stay on and manage the property if desired. Buy and hold or sell at a profit! Rare investment opportunity to purchase a duplex, triplex, and quadplex all at once. This property consists of two parcels with one containing the quadplex and the other containing the duplex and triplex. What makes this a truly unique and great investment opportunity is its proximity to downtown and the beaches, plus the fact that this property is right in the path of redevelopment for the Cleveland Streetscape and Festival Core project. So you can purchase the property and collect excellent cash flow while the redevelopment heads your way, pushing property values up. At that time, the property can either be kept as multi-family rentals or redeveloped into retail storefronts. In addition, the existing property manager has agreed to stay on and manage the property if desired by the buyer. Buy and hold or sell for a profit!

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Property Details

Rare investment opportunity to purchase a duplex, triplex, and quadplex all at once. This property contains two parcels with one containing the quadplex and the other containing the duplex and triplex. What makes this a truly unique and great investment opportunity is the fact that this property is right in the path of redevelopment for the Cleveland Streetscape and Festival Core project. So you can purchase the property and collect excellent cash flow while the redevelopment heads your way. At that time the property can either be kept as multi-family rentals or redeveloped into retail storefronts. In addition, the existing property manager has agreed to stay on and manage the property if desired. Buy and hold or sell at a profit! Rare investment opportunity to purchase a duplex, triplex, and quadplex all at once. This property consists of two parcels with one containing the quadplex and the other containing the duplex and triplex. What makes this a truly unique and great investment opportunity is its proximity to downtown and the beaches, plus the fact that this property is right in the path of redevelopment for the Cleveland Streetscape and Festival Core project. So you can purchase the property and collect excellent cash flow while the redevelopment heads your way, pushing property values up. At that time, the property can either be kept as multi-family rentals or redeveloped into retail storefronts. In addition, the existing property manager has agreed to stay on and manage the property if desired by the buyer. Buy and hold or sell for a profit!

  • Property Type
    Multi-Family
  • Submarket
  • Year Built
    1969
  • Sale Price
    $675,000
  • Total Building Size
    5,543RSF
  • Total Acres
    0.3
  • Sale Status
    Available
  • Property ID
    2045091

Landlord's Sales Representatives

  • cnowicki@kw.com
     
  • Coach Cook
    Keller Williams
     
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