135 BRIGHTWATER DR, CLEARWATER BEACH

$1,399,000

Excellent opportunity to purchase a beautiful 4 unit, income producing, waterfront apartment building in world famous Clearwater Beach, two block walk to the beaches.

Unit mix consists of one large 2 bedroom /2 bathroom and three 1 bedroom/ 1 bathroom units; ideal to live in the 2 bedroom and rent out the other 3 units .

Tourist zoning allows for long or short term rentals, making this ideal for Airbnb, VRBO, or any of the other vacation rental sites.

Property totals about 7,200 square feet, with 60’ frontage on the intracoastal waterway, a brand new dock, and room for boat slips; a short distance to the open Gulf waters

This 1954 two story block building offers 2,600 square feet of rentable space, and has been recently completely remodeled

New roof, air conditioners, landscaping, paint, kitchens, electric, pavers, sprinkler systems, doors, fencing.

Units are currently leased on an annual basis at $ 1,500 per month for the one bedrooms and $ 2,500 for the two bedroom.

Listing by Smith and Associates Commercial