1548 S Missouri Ave - Storefront Retail/Residential FOR SALE


Clearwater, FL 33756- South Clearwater
$925,000 USD
813-404-6916
1548 S Missouri Ave, Clearwater, FL for Sale
$925,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 7.31% Cap Rate

1548 S Missouri Ave
Clearwater, FL 33756
South Clearwater


HIGHLIGHTS

  • 100% Leased
  • Strong, Corner Lot Location
  • Professional Management Available

OVERVIEW

Beautifully rare multifamily mixed use apartment complex. (6) Unit property features Fed Ex packing facility on corner lot with (5) apartment units. 100% leased and occupied. Concrete block construction with new roof, bathrooms, windows, kitchens in 2025. Cost Analysis Performed as Rental Property In: Rent - $119,040.00 Out: (Annual) Property Taxes - $9,225.00 (Annual) Estimated Insurance - $16,593.00 (Annual) Property Management (Optional) - $9,523.20 (Annual) Estimated Utilities/Lawn/Repair/Misc. -$16,059.00 Total Costs - $51,400.20 Net: $67,639.80 Earn: Total yearly net equates to - $67,639.80 Total monthly gross equates to - $9,920.00

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

7.31%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Missouri Lofts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

22-29-15-13662-003-0130

ASK ABOUT THIS PROPERTY

Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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