$2,899,000
About this home
Well-maintained 15-unit multifamily complex in a highly desirable Clearwater location just minutes from the Missouri Ave Business District, Largo schools, and public transportation. This property features a strong unit mix of nine 1-bedroom and six 2-bedroom apartments across one- and two-story concrete block/stucco buildings. The complex offers 24 parking spaces, a guest laundry room, and a large rear yard with value-add potential. The expansive backyard provides an excellent opportunity to generate additional income through boat and RV storage. Historically 100 occupied, this property has demonstrated consistent performance. The current owner has renovated several units, including tile flooring upgrades and updated A/C systems. Major capital improvements include a brand-new roof (2024) and a new fire alarm system servicing the entire complex. Solid block construction, strong rental history, and additional income potential make this a compelling investment in one of Clearwater’s most accessible and growing corridors.
Property details
- MLS #
- MFRO6387667
- Property type
- Multi-Family 5+
- Subdivision
- ACREAGE
- Status
- Active
- Days on market
- 84
- On market date
- March 4, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.95 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 544
- Student:teacher ratio
- 13.3:1
- District
- PINELLAS
- Enrollment
- 890
- Student:teacher ratio
- 17.5:1
- District
- PINELLAS
- Enrollment
- 2,096
- Student:teacher ratio
- 22.1:1
- District
- PINELLAS
Walkability
Blended score for CLEARWATER's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in CLEARWATER, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated May 27, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.