5651 Crestmont St - Multi-Family FOR SALE


Clearwater, FL 33760
$390,000 USD
813-808-6400
5651 Crestmont St, Clearwater, FL for Sale
$390,000 USD
Multi-Family - FOR SALE
1/35
null | 6.9% Cap Rate

5651 Crestmont St
Clearwater, FL 33760


OVERVIEW

Exceptional opportunity to own a well-maintained, income-producing duplex in a prime rental market. Features include a 2019 roof and AC, along with a new electrical panel (2021). Separate electric meters—tenants pay their own utilities—keeping landlord involvement minimal. Currently generating $2,900/month ($34,800/year) in rental income, with value-add potential by increasing below-market, month-to-month rents. No flood insurance required. Priced at approximately $195K a door with a solid 6.9% cap rate as-is. Ideal for investors seeking low maintenance and steady cash flow. Don’t miss this must-see investment!

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

2

PRICE/UNIT

$195,000

CAP RATE

6.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clearwater Duplex on Crestmont

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,952 SF

ZONING

R-4

APN/PARCEL ID

33-29-16-39402-002-0150

ASK ABOUT THIS PROPERTY

Dustin AndersonHomescene RealtyMore Info
813-808-6400

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Dustin AndersonHomescene RealtyMore Info
813-808-6400

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