Address
1132 Auburn STREET, CLEARWATER, FL
Price
$ 2,990,000
Property Attributes
  • MLS#T3537224
  • TypeIncome
  • CountyPINELLAS
  • CityCLEARWATER
  • AreaClearwater-Belleair
  • NeighborhoodAcreage
  • Zip33756
  • StyleMulti Family
  • Year Built1981
  • Taxes$ 23869
  • Price$ 2,990,000
  • Bedrooms20
  • Full Bathrooms15
  • Half Bathrooms0
  • Sqr Footage12036
  • Lot Size0.95 Acres
Data Source:
Stellar MLS
Property Description

1132 Auburn St is a unique opportunity to own a stabilized 15 unit multi-family apartment complex in unincorporated pinellas county with substantial room for growth. With great proximity to the Downtown Largo Redevelopment project, 1132 Auburn St is less than 2 miles from Largo’s Urban Core. Ownership spent several hundred thousand dollars in CapEx including new roof, exterior paint, landscaping, paved parking lot with assigned spaces, central HVACs, common laundry room, shared grass area. Interior renovations include new luxury vinyl flooring, cabinets, quartz countertops, recessed lighting and updated appliances. -Favorable Unit Mix of 66% One Bedrooms and 33% Two Bedrooms - (10) One Bedroom One Bath Units - (5) Two Bedroom, One Bath units New owner has the ability to recapture an average of $332/month per unit - increasing the the total rent roll by $51,792. Enjoy a strong cashflow right from the start and let the property appreciate.

Price History
6/26/2024 Listed $2,990,000

General Features

Interior Features Ceiling Fan(s),Thermostat
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Exterior Features Courtyard,Fenced,Garden,Storage
Zoning RM-15
Construction Materials Block
Year Built 1981
Tenant Pays Electricity,Sewer,Water
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 326641
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name ACREAGE
Garage Y/N No
Status Active
Directions South from 60 to missouri then right on auburn st
ModificationTimestamp 2024-06-27T19:55:04.457Z
City CLEARWATER
Buyer Agent Compensation 2% - $295
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 15
MLS Area 33756 - Clearwater/Belleair
Lot Size Units Square Feet
Lot Size Square Feet 41404
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 23869
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3537224
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1600
Legal Description PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM NW COR OF SE 1/4 OF NW 1/4 OF SEC TH S 640FT TH E 670FT FOR POB TH E 210FT TH N 210FT TH W 210FT TH S 210FT TO POB LESS R/W ON W PER O.R. 9153/1110
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Common Area,Laundry Room
Total Bedrooms 20
LivingAreaSource Public Records
Total Baths 15

Exterior Features

Parking Features Assigned
Water Source Public
Lot Size Area 41404
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.95
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33756

Price
AVG $1.4M
$2.99M
Taxes
AVG $13,981
$23,869
Visits
AVG 447
22
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1981

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