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$1,395,000
2 Beds ⋅ 2 Baths ⋅ Ehle Sub SubDv. ⋅ 33759 Zip Code ⋅ W7883268 MLS ⋅ Active Status
Rare Clearwater build-to-rent / development opportunity with approved developmental order and plans available for a 16-townhome project (drawings and plan set available for buyer review). The existing property includes a home and a shop—however, the highest and best use is the land and future buildout for long-term rentals or resale. Prime central Clearwater location with quick access to US-19 and major commuter corridors. Convenient for tenants and investors alike: approximately 10 miles to St. Pete–Clearwater International Airport (PIE) and about 18–19 miles to Tampa International Airport (TPA) , plus an easy drive to Clearwater’s world-famous Gulf beaches, shopping, dining, and employment hubs. Ideal for investors seeking a shovel-ready (plan-set in hand) townhome rental community in one of Tampa Bay’s most in-demand submarkets. Buyer to verify zoning, density, approvals/vesting status, impact fees, utilities, and all development requirements with the City/County. All information regarding zoning, approvals, density, and development potential is believed to be accurate but is not guaranteed. Buyer is responsible for verifying all details, approvals, and requirements with the appropriate governing authorities and completing their own due diligence.

2634 South Drive, Clearwater
$1,995,000
49 Baths ⋅ 33756 Zip Code ⋅ U8210455 MLS ⋅ Active Status
The Wyatt Street package consists of units on 5 adjacent properties with 8 rental units for the addresses being 1114,1116,1118 ,1120 and 1128 Wyatt Street on 2.0705 acres more or less with combined heated SQ FT of 7,665 more or less. The combined frontage on Wyatt St is 319 Ft more or less . The yearly annual gross income is $202,260 with annual net income of $166,609 providing over an 8% aprox. return on full asking price. All tenants are on leases except 1116 that is on month to month. Property is located at border of City of Clearwater and City of Largo. Do not go on property or bother tenants. The unit mix is as follows:1114 &1116 have a single family home ,1118 has 2 single family homes=2 units, 1120 has 1 single family home and a duplex with 2 units= 3 units and 1128 has 1 single family home =1 unit Total units are 8 rental units totaling 7,665 heated SQ FT on 5 separate adjoining properties of a combined 1.97 acres. All measurements and financials would need to be verified by prospective buyer. Also this offering would make a great 1031 exchange.

1114,1116,1118,1120&1128 Wyatt Street, Clearwater
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