Under contract-accepting backup offers. Looking for a great rental complex with 5 units and solid rental income which could increase substantially depending on what the new owner prefers in rental options??? Welcome to 409 and 411 Pleasant Street (sold together), this exceptional investor’s rental gem is a rare opportunity to own a high-performing quadplex literally steps from the ocean. The property features five separate apartments, including three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one efficiency apartment, offering a diverse rental mix ideal for maximizing occupancy and income potential. Tenants and guests can enjoy a relaxing community pool, while the property’s prime location places it only 5-10 minutes from world-famous Clearwater Beach and close to major shopping, dining, entertainment, and popular tourist attractions. With a current annual rental income from long term tenants of approximately $72,000, this income-producing property presents an outstanding opportunity for investors seeking strong cash flow in one of Florida’s most desirable coastal markets.
Features
25 bedrooms
5 bathrooms
3134 sq. ft. floor area
crop_free5571 sq. ft. lot size
cottageDuplex
Property history for 411 Pleasant Street
2011
Sold
$65,000
01 Apr 2011 by Dianna Farnell, of BELLOISE REALTY
2006
Sold
$186,000
10 Jul 2006 by JUDITH THOMAS, of RE/MAX 1ST CLASS REALTY
2004
Sold
$170,000
16 Nov 2004 by Frank Aggio, PA, of EQUITY PRO REALTY
Happy sellers in Clearwater
87%
sentiment_very_satisfied
87% of sellers in Clearwater reported that their sale price either exceeded or met their price expectations.
Clearwater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in Clearwater over the last 12 months.
Local market activity for 25 bedroom duplexes in Clearwater
Sold
For Sale
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