1132 Auburn St Clearwater, FL 33756

This exceptional 15-unit multifamily property, located at 1132 Auburn Street in Clearwater, Florida, presents a compelling investment opportunity. Situated on a 0.95-acre lot, the complex boasts a total of 12,036 square feet of living space. Recent capital expenditures exceeding several hundred thousand dollars have significantly enhanced the property's value and appeal. These improvements include a new roof, fresh exterior paint, updated landscaping, a newly paved parking lot with assigned spaces for residents, and the installation of central HVAC systems throughout. A renovated common laundry room adds convenience for tenants. The property also features a shared grassy area. Interior renovations are equally impressive, featuring new luxury vinyl flooring, updated cabinets, elegant quartz countertops, modern recessed lighting, and upgraded appliances in each unit. The property's location offers convenient access to the Downtown Largo Redevelopment project, being less than two miles from Largo's urban core. This translates to strong rental demand and potential for future appreciation. The current owner is offering an attractive incentive: closing cost coverage for transactions finalized before the year's end. This turnkey investment promises immediate cash flow and significant long-term growth potential. The property is located in unincorporated Pinellas County.