Homes for sale - 214 HIGHLAND AVE, Clearwater, FL 33755

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$599,000

Est. payment - /mo

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3 BD

4 BA

2,064 SqFt

Active

214 HIGHLAND AVE Clearwater, FL 33755

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Andrew Michael

andrew@coastalhavengroup.com +1(904) 460-8501

UPDATED:

09/04/2024 09:09 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,064 sqft

Price per Sqft $290

Subdivision Boulevard Heights

MLS Listing ID U8241227

Bedrooms 3

HOA Y/N No

Originating Board Stellar MLS

Year Built 1952

Annual Tax Amount $6,434

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 83x110

Property Description

Great opportunity for cash flow on a corner lot triplex or potential development on this 15,033 sqft corner lot! The triplex will need some TLC. It features a diverse unit mix: a 2-bedroom, 1.5-bath unit (#214B), a 1-bedroom, 1-bath unit (#212), and an efficiency/studio with a bathroom (#214A). The 2-bedroom unit was generating $2,200/month, while the 1-bedroom unit could potentially fetch $2,000/month on VRBO or AIRBNB. The studio, due to previous tenant damages, had been successfully rented on VRBO and Airbnb for $2,200/month (Rental Restriction in Clearwater is 30 days minimum rental). Units 214A and 214B share electric and water meters, and unit 212 has separate meters. The main 2-bedroom unit features hardwood floors and a master suite with a walk-in closet. The bonus room, complete with a fireplace, offers a versatile space that can be used as a game room or an office. The properties include central and window A/C units, with the central A/C for unit 214B (2004). The roof was replaced in 2017. Additionally, there is a storage shed/workshop on the vacant lot. For developers, this property is situated in the Downtown Gateway area, where the maximum residential density is 35 units/acre, allowing up to 10 units on this particular lot size. Buyers should confirm all permits, building codes, zoning, and leasing restrictions with the City of Clearwater.

Location

State FL

County Pinellas

Community Boulevard Heights

Interior

Interior Features Ceiling Fans(s), Primary Bedroom Main Floor

Heating Electric, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Wood

Fireplaces Type Wood Burning

Fireplace true

Laundry In Garage

Exterior

Exterior Feature Fence, Storage

Garage Boat, Driveway

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront false

Roof Type Shingle

Parking Type Boat, Driveway

Garage false

Private Pool No

Building

Lot Description City Limits, Oversized Lot, Paved

Foundation Crawlspace, Stem Wall

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Schools

Elementary Schools Skycrest Elementary-Pn

Middle Schools Oak Grove Middle-Pn

High Schools Clearwater High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by CAPSTONE REALTY & ASSOCIATES

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Andrew Michael

Realtor and Team Leader | BKBK3261908

+1(904) 460-8501