105 N Lady Mary Dr
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105 N Lady Mary Dr
2 Unit Apartment Building $985,142 CAD ($492,571 CAD/Unit) Clearwater, FL 33755
Investment Highlights
- currently earning almost $40k in income
- 8 minutes to World Famous Clearwater Beach
Executive Summary
ACTIVE DUPLEX !! Land is 125'x 185'. 23,125 sq ft. Level and zoned for multi-family. Code allows 35 units per acre up to 45' high. Downtown Clearwater, Gateway District. OWNER FINANCING FOR QUALIFIED BUYERS !
CLEAN, WELL MAINTAINED DUPLEX is on level ground, and is currently earning almost $40k in income !! Separate water and electric meters !! Plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 Square Feet !! Zoning will allow up to 18 units !! (Code for the Downtown Gateway District is 35 units per acre, up to 45 feet high). If you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! Close to Downtown Clearwater, and the newly redeveloped Cleveland Street Corridor !! And only 8 minutes to World Famous Clearwater Beach !! Both units are occupied with quality tenants. Please do not disturb.
CLEAN, WELL MAINTAINED DUPLEX is on level ground, and is currently earning almost $40k in income !! Separate water and electric meters !! Plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 Square Feet !! Zoning will allow up to 18 units !! (Code for the Downtown Gateway District is 35 units per acre, up to 45 feet high). If you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! Close to Downtown Clearwater, and the newly redeveloped Cleveland Street Corridor !! And only 8 minutes to World Famous Clearwater Beach !! Both units are occupied with quality tenants. Please do not disturb.
Property Facts
| Price | $985,142 CAD | Building Class | B |
| Price Per Unit | $492,571 CAD | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 1,833 SF |
| Sale Conditions | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1976 |
| Property Subtype | Apartment | Parking Ratio | 2.18/1,000 SF |
| Apartment Style | Low Rise |
| Price | $985,142 CAD |
| Price Per Unit | $492,571 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.54 AC |
| Building Size | 1,833 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1976 |
| Parking Ratio | 2.18/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+2 | 1 | - | - |
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 15-29-15-12276-001-0080 | Improvements Assessment | $186,565 CAD |
| Land Assessment | $405,593 CAD | Total Assessment | $592,158 CAD |
PROPERTY TAXES
Parcel Number
15-29-15-12276-001-0080
Land Assessment
$405,593 CAD
Improvements Assessment
$186,565 CAD
Total Assessment
$592,158 CAD
zoning
| Zoning Code | D (Downtown; Gateway District.) |
| D (Downtown; Gateway District.) |
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