About 214 Highland Avenue
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 per month, while the 1-bedroom unit could potentially fetch $2,000 per month on VRBO or AIRBNB. The studio, due to previous tenant damages, had been successfully rented on VRBO and Airbnb for $2,200 per 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 per acre, allowing up to 12 units on this particular lot size. Buyers should confirm all permits, building codes, zoning, and leasing restrictions with the City of Clearwater.
Residential Income home for sale in CLEARWATER, FL at 214 Highland Avenue. This 3 bedroom Residential Income home is priced at $315/sqft
Features of 214 Highland Avenue
MLS® # | U8241227 |
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Price | $650,000 |
Bedrooms | 3 |
Bathrooms | 4.00 |
Square Footage | 2,064 |
Acres | 0.35 |
Year Built | 1952 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Active |
Community Information: Clearwater
Address | 214 Highland Avenue |
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Area | Clearwater |
Subdivision | BOULEVARD HEIGHTS |
City | CLEARWATER |
County | Pinellas |
State | FL |
Zip Code | 33755 |
Amenities of 214 Highland Avenue
Parking | Boat, Driveway |
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Is Waterfront | No |
Has Pool | No |
Interior of 214 Highland Avenue
Interior Features | Ceiling Fans(s), Primary Bedroom Main Floor |
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Heating | Electric, Wall Units / Window Unit |
Cooling | Central Air, Wall/Window Unit(s) |
Fireplace | Yes |
Fireplaces | Wood Burning |
Exterior of 214 Highland Avenue
Exterior Features | Fence, Storage |
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Lot Description | City Limits, Oversized Lot, Paved |
Roof | Shingle |
Foundation | Crawlspace, Stem Wall |
School Information
Elementary | Skycrest Elementary-PN |
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Middle | Oak Grove Middle-PN |
High | Clearwater High-PN |
Additional Information On 214 Highland Avenue
Date Listed | May 6th, 2024 |
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Days on Market | 13 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | CAPSTONE REALTY & ASSOCIATES |
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