Price Reduced 12.91%

$695,000 ($379.16 per sqft)

Est. Mortgage $3,606/mo *

Quick Pre-Approval

Price History

$798,000
8/5/2023

$788,000
12/1/2023

$748,000
3/12/2024

$695,000
5/2/2024


105 N Lady Mary DRIVE, Clearwater, FL, 33755

105 N Lady Mary DRIVE, Clearwater, FL, 33755

3 beds

1957

1,833 sqft

REDEVELOPMENT OPPORTUNITY !! Over 1/2 Acre in the City of Clearwater !! CLEAN, WELL MAINTAINED DUPLEX is on level ground, and is currently earning almost $40k in income !! Separate water and electric meters !! Plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 Square Feet !! Zoning will allow up to 18 units !! (Code for the Downtown Gateway District is 35 units per acre, up to 45 feet high). If you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! Close to Downtown Clearwater, and the newly redeveloped Cleveland Street Corridor !! And only 8 minutes to World Famous Clearwater Beach !! Both units are occupied with quality tenants. Please do not disturb. Ask about OWNER FINANCING !!


Status:

Active

Type:

Multi-family

Furnished Remarks:

Unfurnished

Laundry Remarks:

Laundry Room

Units:

2

Subdivision:

BROOKWOOD TERRACE REV

Garage:

Boat, Covered, Driveway, Guest, Off Street, Oversized

Heating:

Central

Cooling:

Central Air

Acreage:

0.53

Est. Taxes:

$4,679

Construction

Block, Stucco

Utilities

Public

Lot Description:

City Lot, In County, Landscaped, Level, Near Golf Course, Near Public Transit, Oversized Lot, Sidewalk

Elementary School:

Belleair Elementary-PN

Middle School:

Oak Grove Middle-PN

High School:

Clearwater High-PN

Days on Market:

462

Appliances:

Range, Refrigerator

Lease Term Type:

12 Months

MLS #:

U8209507


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX ACTION FIRST OF FLORIDA Phone: 727-531-2006