$1,199,000

1102 SUNSET POINT ROAD, Clearwater, FL 33755

  • 7 beds |
  • 7 baths |
  • 3,633 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $330/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

6 UNITS! Exceptional investment opportunity in perfect Clearwater location. Featuring a 6-unit multifamily property on an oversized lot with abundant on-site parking and additional owner storage shed. This professionally managed asset offers strong cash flow with an excellent cap rate and 5 of 6 units currently occupied, providing immediate income with one vacant unit available for easy showings or owner occupancy. All units have been renovated and in great shape! This is ideal for investors seeking a stable, turnkey asset in a high-demand rental corridor near Dunedin and Clearwater. The flexible layout presents multiple strategies: continue operating as a high-performing income property, increase rents over time, or live in the larger primary unit while the remaining units offset expenses and generate passive income. Tenants love the location with quick access to vibrant downtown Dunedin restaurants, breweries, shopping, and waterfront parks. Enjoy stunning Gulf Coast sunsets along Edgewater Drive and easy access to world-famous Clearwater Beach. Convenient to major employment centers, beaches, recreation, and entertainment, this property has consistently attracted reliable tenants and has been easy to lease. Additional highlights include ample parking, large lot size with future potential, owner storage, strong rental history, and pride of ownership throughout. Property has experienced no flooding or storm-related issues during ownership, offering added confidence for long-term investors. Rare opportunity to acquire a well-positioned multifamily asset in one of Pinellas County’s most desirable rental markets.

Listing Status:
Active
Date Added:
June 19, 2026
Data Last Updated:
July 5, 2026 at 2:21PM
Listing Office:
ENGEL & VOLKERS BELLEAIR : 727-461-1000
Listing Agent:
Kristin Hallamek : 727-642-7985
MLS ID:
TB8513624
  • General: ThermostatWindow Treatments
  • Appliances: MicrowaveRefrigerator
  • Laundry: Inside
  • Flooring: LaminateOtherTile
  • A/C: Central AirWall/Window Unit(s)
  • Heating: CentralDuctless
  • General: Lighting
  • Other Structures: Storage
  • Roofing: Shingle
  • Windows: Blinds
  • General: HardiPlank TypeFrameWood SidingSlab
  • Road/Access: Paved
  • Originating MLS: Stellar MLS
  • County: Pinellas
  • Zoning: SUNSET POINT A REPLAT LOT 23 (PER OR 5132/409)03-29-15-88092-000-0230
  • Utilities: Cable ConnectedElectricity ConnectedPublicSewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Kristin Hallamek , ENGEL & VOLKERS BELLEAIR

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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