1190 Grove StClearwater, FL 33755

Property Details for 1190 Grove St

Year built

1950

Property size (Sq ft)

4,149 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional Clearwater investment opportunity presents a four-unit multifamily property located at 1190 Grove St, offering a compelling blend of comfort, convenience, and strong return on investment. The property comprises two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, each boasting high-quality finishes including hardwood floors and granite countertops. Spacious living areas and abundant natural light create inviting atmospheres. Residents enjoy private outdoor spaces and ample off-street parking. Situated in a desirable Clearwater neighborhood, the property benefits from proximity to shopping, dining, parks, schools, major highways, and public transportation. Built in 1950, the two buildings encompass a total of 4,149 square feet, with 2,969 square feet of net rentable space. The asking price is $999,555, representing a price per unit of $249,888.75 and a price per square foot of $240.91. This fee-simple ownership opportunity is ideal for investors seeking consistent rental income and long-term appreciation in a thriving Florida market. The property's desirable unit mix and modern amenities ensure high occupancy rates and a robust return on investment. Don't miss this chance to acquire a well-maintained, high-performing multifamily property in a prime Clearwater location.

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9667

Longitude

-82.7881

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