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BACK ON THE MARKET: 309 S Duncan is a 4-Plex Value-Add Opportunity in the Tampa Bay submarket of Clearwater, Florida. Consisting of three – Studio, One Bathroom Units and One-One Bedroom/One Bathroom Bungalow in two masonry buildings on one-quarter acre of land with mature landscaping and on-site parking. The property has been managed and owned by the same family for two decades. Recent updates include a newer 2021 roof on the bungalow and two units have new hot water heaters. Windows AC units. One unit was recently vacated. VALUE ADD opportunity - Rents are well below market value. Drive by first and DO NOT disturb tenants.
• Massive Rental Upside with local rents averaging well over $1100 per month
• Unit Mix of One One Bedroom/One Bathroom Bungalow w/ a Washer/Dryer Hookup and Three Studio Units
• Electric is Separately Metered & Paid by Tenants Directly to Utility Provider
• Managed & Owned by the Same Family for the Last 2 Decades
• Solid Masonry Construction, on 1 Parcel of One Quarter Acre of Land with Two Buildings
• Conveniently located near Publix, Walmart Neighborhood Market, Home Depot, Lowe’s & Numerous Other National Retailers
• Within 15 Mins of Dunedin and Clearwater Beach, Consistently Ranked as One of the Top Beaches in the Country
• Within 35 Mins of Tampa and Downtown St Pete & the Gateway Area w/ Over 2,700 Companies & 65,000 Employees
Similar Listings
$44,950,000
5
7
5,611 Sq ft
ACTIVE
MLS# PR9098787

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