115 N San Remo Avenue Clearwater, FL 33755

Multi-Family (2-4 Units) MLS #: A4638720 Courtesy Of Keller Williams on the Water Sarasota

$1,299,000

14 beds | 8,230 sq ft
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Est. Property Tax: $14,472
Estimated monthly payments: $6,884/mo.* (recalculate)

Property InformationDescription

Prime 8-Unit Multifamily Investment Opportunity. Located in Clearwater s vibrant East Gateway District, this 8-unit multifamily community is being offered for sale for the first time in 12 years. The property boasts a solid cap rate with a strong history of proven occupancy and considerable potential for increased rental income. Ideally located residents benefit from easy access to an array of amenities, including 82 restaurants, 19 grocery stores, and 14 parks, all within a one-mile radius. The world-class beaches of Clearwater are just minutes away, adding to the property s appeal for both tenants and investors. Constructed in 1971, the property consists of a single two-story building set on a corner lot spanning 12,767 square feet. The building features a mix of 2 one-bedroom, one-bathroom units, each offering approximately 713 square feet of living space, and 6 spacious two-bedroom, one-bathroom units, each with around 1,085 square feet. Units are separately metered for water AND electric! All units are equipped with central air conditioning, ensuring tenant comfort year-round. Additional amenities include on-site laundry facilities, which are not currently in use by the owner and could be an additional income source, and ample on-site parking for residents.This is an excellent opportunity to acquire a well-maintained income-producing asset with immediate cash flow and the ability to capitalize on below-market rents, offering strong upside potential. Tenants are unaware of the sale, so showings are strictly drive-by only please do not walk the property or disturb the tenants. All offers should be submitted subject to interior inspection. The listing agent has a complete package with current financials and the rent roll available upon request via email.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Block, Stucco
  • Heating System: Central Furnace
  • Lot Size: 0.29 Acres

MAP & DIRECTIONS

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115 N San Remo Avenue, Clearwater, FL 33755
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School Information

115 N San Remo Avenue, Clearwater, FL 33755

Elementary School
Grades PK-5 | Public School
SKYCREST ELEMENTARY
Clearwater, FL 33765
10 N Corona Ave
727.­469.5987
Distance: 1.0 mi
School Rating
A-
Student:Teacher Ratio
13:1
Total Students
608
Middle School
Grades 6-8 | Public School
OAK GROVE MIDDLE SCHOOL
Clearwater, FL 33764
1370 S Belcher Rd
727.­524.4430
Distance: 2.3 mi
School Rating
C+
Student:Teacher Ratio
18:1
Total Students
1018
High School
Grades 9-12 | Public School
CLEARWATER HIGH SCHOOL
Clearwater, FL 33764
540 S Hercules Ave
727.­298.1620
Distance: 1.4 mi
School Rating
C+
Student:Teacher Ratio
20:1
Total Students
1536
Other Nearby Schools Distance Type Grades School Rating
St Cecelia Interparochial School 0.5 mi Private PK-8
Washburn Academy 0.7 mi Private PK-12
Next Level Nation Academy 0.7 mi Private KG-8
Clearwater Intermediate School 0.8 mi Public 4-9 F
Clearwater Fundamental Middle School 0.9 mi Public 6-8 A+
Delphi Academy Of Florida 1.0 mi Private PK-12
Clearwater Academy International 1.1 mi Private PK-12
Kings Highway Elementary Magnet School 1.1 mi Public PK-5 A-
Sandy Lane Elementary 1.3 mi Public PK-5 C
Belleair Elementary 1.4 mi Public PK-5 C+
Calvin A. Hunsinger School 1.5 mi Public KG-12
Community Learning Center Academy 1.5 mi Private KG-8
Plato Academy Clearwater 1.5 mi Public KG-8 B
Plumb Elementary 1.8 mi Public PK-5 B
First Lutheran School 1.8 mi Private PK-8
Iva Christian School 1.9 mi Private KG-12
Skycrest Christian School 2.0 mi Private PK-8
Hospital/homebound 2.0 mi Public PK-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Clearwater, FL 33755

Median Age: 40.2
Married: 33%
Number of Households: 10,902
Households with Children: 27.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.