214 Highland Avenue Clearwater, FL 33755
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.
- Property TypeMulti-Family
- NeighborhoodBoulevard Heights
- CountyPinellas
- Taxes$6,434
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive
- MLS ID NumberU8241227
- Home Size Source Public Records
- Year Built1952
- Lot Size0.35 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking BoatDriveway
- Sewer Public Sewer
- Acreage 0.35
- Water Public
- Property Sub Type Triplex
- Utilities Cable AvailableElectricity AvailableSewer AvailableWater Available
- Property Condition Fixer
- Ownership Fee Simple
- Parcel Number 14-29-15-10476-004-0040
Interior Features
- Cooling Central AirWall/ Window Unit(s)
- Heating ElectricWall Units / Window Unit
- Flooring Wood
- Interior Ceiling Fans(s)Primary Bedroom Main Floor
- Fireplace Features Wood Burning
- Laundry Features In Garage
- Fireplace Yes
Exterior Features
- Roof Shingle
- Waterfront Property No
- Exterior FenceStorage
- Lot City LimitsOversized LotPaved
Community Features
- Pets Yes
- Township 29
- Senior Community No
- MLS Area 33755 - Clearwater