1466 De Leon St - Apartments FOR SALE


Clearwater, FL 33755- Downtown Clearwater
$2,950,000 USD
941-525-2525
1466 De Leon St, Clearwater, FL for Sale
$2,950,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1466 De Leon St
Clearwater, FL 33755
Downtown Clearwater


HIGHLIGHTS

  • Property presently Vacant and non-operating.
  • .55-Acre Corner-Adjacent Site in Active CRA — Long-Term Redevelopment
  • New Smart Locks and Security System

OVERVIEW

A 13-unit short-term rental assets (9 single - 2 Double) on a hotel-zoned parcel in Downtown Clearwater's East Gateway Character District — one of Pinellas County's most active CRA submarkets. The property's zoning permits nightly rentals in a market where the vast majority of residential parcels prohibit sub-31-day stays, creating a defensible income stream with limited new supply. Three buildings, 100 ft of frontage, and adjacency to SR-60 / Gulf to Bay Blvd(~30,000 AADT) preserve long-term redevelopment optional.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$568 USD /SF

# OF UNITS

13

PRICE/UNIT

$226,923

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1466 Deleon St Clearwater FL

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,798 SF

ZONING

-

APN/PARCEL ID

14-29-15-10476-005-0090

ASK ABOUT THIS PROPERTY

Kevin T Riordan PAMerritt Realty CorporationMore Info
941-525-2525

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Kevin T Riordan PAMerritt Realty CorporationMore Info
941-525-2525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.