Water Front Triplex Clearwater Fl
2 Buildings 3 income units
CAP Rate 10+
Very good condition
Fully established with units rented year round. The flexibility of the short term fully furnished duplex and single family home allow for the property to stay occupied year round. Whether the high or low seasons in the tourist area, this property offers many more options. These options allow the property to stay occupied longer than a typical vacation rental.
Two buildings - front unit living area is above 3 garages. The front building is front to back. The waterfront patio area is common to all tenants. The income expense numbers are verifiable; however, current owner does a lot of marketing to keep the income so high. The property is in very nice condition directly on St Joseph sound, short distance to downtown Dunedin and 6 miles to Clearwater Beach.
Some minor TLC required. Asking $659,000 - MAKE AN OFFER!!!! - Subject to inspection with the condition that owner stays active in the promotion and marketing of the property to maintain the high gross income for a minimum of one year, typically at 8% of gross income as her fee.
All units have a washer and dryer with linen closets. All units are fully equipped and furnished. Current owner allows tenants to park their water vessels at the dock. Current owner provides bikes and kayaks for guest and tenants to enjoy.
CONTACT DAWN FOR FULL DETAILS (TEXT OR CALL) OR EMAIL LILLIES1133@GMAIL.COM
#waterfronttriplexclearwater
#yearroundrent
#fullyfurnished
#dunedincauseway
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(at Clearwater, Florida)
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