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Listing Details

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School Ratings & Info

Description

SELLERS ARE MOTIVATED! CRAZY OPPORTUNITY!!! 23.2% CASH ON CASH!!! Arthur Rutenburgs' second build. This Plaza was built to last, featuring all concrete construction and steel beams placed on a peninsula of Gulf to Bay and Cleveland Street. Sitting on a corner lot this plaza has much to offer. Currently the surrounding area and the entire zip code is going under a complete revamp leaving this plaza right in the middle of the HUB of what the city of clearwater is going to accomplish. The city of clearwater is also covering 50% of the plazas' facade redesign, to match their end goal of the newly developed area. This opportunity is allowing a new owner to come in with a huge add value play.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-20T06:40:28.797.
www.cainepremierproperties.com/homes/120663161
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1417 Cleveland Street Clearwater, FL 33755

  • Price: $2,500,000
  • Status: Active
  • ID#: U8134281
0
Beds
0
Baths
0
½ Baths
0.94
Acres
14,400
SQFT
$174
$/SQFT
1958
Built
Neighborhood:
Knollwood Rep
County:
Pinellas
Area:
Clearwater
Property Description
SELLERS ARE MOTIVATED! CRAZY OPPORTUNITY!!! 23.2% CASH ON CASH!!! Arthur Rutenburgs' second build. This Plaza was built to last, featuring all concrete construction and steel beams placed on a peninsula of Gulf to Bay and Cleveland Street. Sitting on a corner lot this plaza has much to offer. Currently the surrounding area and the entire zip code is going under a complete revamp leaving this plaza right in the middle of the HUB of what the city of clearwater is going to accomplish. The city of clearwater is also covering 50% of the plazas' facade redesign, to match their end goal of the newly developed area. This opportunity is allowing a new owner to come in with a huge add value play.
Exterior Features

Construction Materials Block Foundation Details Slab Lot Size Dimensions 359X115 Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central Air Numof Restrooms 17 Stories Total 1

Property Features

Additional Parcels Yn No Flood Zone Code X Net Operating Income 133511 New Construction Yn No Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 15440.12 Tax Year 2020 Total Num Buildings 1


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Re/Max Action First Of Florida.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-09-20T06:40:28.797.
 
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Caine Luxury Team | Keller Williams Realty Naples
879 Vanderbilt Beach Rd.
Naples FL, 34108