407 Jupiter Ave Clearwater, FL 33755
11-Unit Apartment Building, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Value-add opportunity with projected NOI increase to $83,763 and 7.98% cap rate.
- Concrete block construction; not in a flood zone.
- New roof installed November 2020.
- Strong potential for short-term or corporate rentals.
- Newer windows and mini-split HVAC units.
- Commercially zoned; located on Gulf to Bay corridor (55,000 AADT).
Property Details for 407 Jupiter Ave
- Property type
- Apartment buildings
- Square Feet
- 3,423 SF
- Year Built/Renovated
- 1951/2020
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 11,761 SF
- Units
- 11
Location Insight
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Latitude
- 27.9615152
- Longitude
- -82.7655685
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 11-Unit Apartment Building, High ROI
- Where is the apartment building located?
- The property is located at 407 Jupiter Ave Clearwater, FL.
- What is the asking price?
- The asking price for this property is $1,050,000.
- What are key features of this property?
- This property features: Value-add opportunity with projected NOI increase to $83,763 and 7.98% cap rate.; Concrete block construction; not in a flood zone.; New roof installed November 2020.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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