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  • Price$1,400,000
  • Acres0.84

1050-1062 Sunset Point Rd, Clearwater

5/20/2019: Four parcels of land that are contiguous , totalling 1.84 MOL Acres. consisting of 4 adjoining Properties located on the North side of Sunset Point Road. Owners have submitted a site plan for 27 Apartment Units to the City of Clearwater for approval, submission can be changed for 27 Townhome Units, whatever a Purchaser/Developer desires. Their are 12 plus Existing Rental units that are on a month to month lease. For your information, the monthly rental income is $10,000.00 monthly MOL. Buyer can purchase this 1.84 Acres with 12 Rental Income properties, hold for a few years then develop for 27 Townhome or new Apartment Units, There are no Income and Expense Statements for the rental units. Photos show the rental homes and triplex on the 1.84 Acres. All existing rental properties on the 1.84 Acres MOL is being sold "AS IS". Buyer Must due their own due diligence and inspection. Presently, there is no activity with the City for a present Development Plan. Buyer who is interested in developing Apartment Rentals, Condominiums or Townhomes, should schedule a meeting with the City of Clearwater to discuss any potential development plans.

Essential Information

  • MLS® #U7814316
  • Price$1,400,000
  • Bathrooms0.00
  • Acres0.84
  • TypeLand
  • Sub-TypeHome and Income Housing
  • StatusActive

Amenities

  • UtilitiesCable Available, Public, Sewer Available
  • ViewIn City Limits, Partially Wooded

Additional Information

  • Days on Market695

Community Information

  • Address1050-1062 Sunset Point Rd
  • AreaClearwater
  • SubdivisionSunset Point A Rep
  • CityClearwater
  • CountyPinellas County
  • StateFL
  • Zip Code33755

Exterior

  • Lot DescriptionOne + to Two Acres

Listing Details

  • Listing Office:Mandalay Realty Inc
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Listing information courtesy of Mandalay Realty Inc.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on September 21st, 2019 at 11:30pm EDT.