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.
Sold for $690,000 on 03/01/24
$690,000
400 S Orion Ave, Clearwater, FL 33765
--beds
--baths
2,967sqft
Multi Family
Built in ----
-- sqft lot
$634,700 Zestimate®
$233/sqft
$1,987 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 22, 2024 at 09:18pm
Listed by:
Kemper Kefauver 321-501-8836,
Daignault Realty Inc
Bought with:
Non-Member Non-Member Out Of Area, nonmls
Non-MLS or Out of Area
Source: Space Coast AOR,MLS#: 1004476
Facts & features
Interior
Heating
- Electric, Separate Meters, Varies by Unit, Individual
Cooling
- Central Air, Electric, Multi Units, Separate Meters, Varies by Unit, Wall/Window Unit(s)
Appliances
- Included: Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Common Area
Features
- Has fireplace: No
Interior area
- Total structure area: 3,153
- Total interior livable area: 2,967 sqft
Property
Parking
- Total spaces: 8
- Parking features: Additional Parking, Off Street
Features
- Levels: One
- Stories: 1
- Exterior features: Courtyard
- Pool features: None
- Fencing: Fenced
- Has view: Yes
- View description: Other
Lot
- Size: 0.25 Acres
Details
- Additional structures: Shed(s)
- Additional parcels included: R141596
- Parcel number: 13/29/15/82584/003/0050
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Roof: Membrane,Shingle
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Clearwater
- Subdivision: None
Other
Other facts
- Income includes: Rent Only
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Services availability
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Estimated market value
$634,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$634,700