Property
ActiveCommercial
1/37
$1,199,000

1102 SUNSET POINT ROAD

Clearwater, FL 33755
0
Beds
0
Baths
3,633
SqFt
0.42
Acres
STELLAR
#TB8513340
Updated: Jul 1, 2026, 5:08pm

Property Description

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.
Included Appliances
MicrowaveRefrigerator

Property Details

Interior
Appliances
MicrowaveRefrigerator
Building Area Total
4093
Cooling
Central AirWall/Window Unit(s)
Flooring
Luxury VinylOtherTile
Heating
CentralWall Units / Window Unit
Living Area
3633
Security Features
Smoke Detector(s)
Window Features
Blinds
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
HardiPlank TypeWood FrameWood Siding
Direction Faces
West
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
6
Roof
Shingle
Stories Total
Yes
Year Built
1946
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Near Golf CourseNear Public TransitSidewalkStreet Lights
Lot Size Acres
0.42
Lot Size Area
18226
Lot Size Dimensions
60 x 304
Lot Size Square Feet
18226
Lot Size Units
Square Feet
Number Of Separate Electric Meters
6
Number Of Separate Water Meters
3
Other Structures
Storage
Parking Features
LightedShared Parking
Public Survey Range
15
Public Survey Section
03
Road Frontage Type
Street LightsStreet PavedCity Street
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Vegetation
Trees/Landscaped
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
292.94
Contract Status Change Date
2026-05-28
Current Price
1199000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
032915880920000230
Public Survey Township
29
Tax Annual Amount
9998.08
Tax Block
000
Tax Book Number
4-56
Tax Legal Description
SUNSET POINT A REPLAT LOT 23 (PER OR 5132/409)
Tax Lot
23
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33755 - Clearwater
Subdivision Name
SUNSET POINT A REP
Listing provided courtesy of STELLAR via IDX. Updated: Jul 1, 2026, 5:08pm.
Kristin Hallamek

Listing Agent

ENGEL & VOLKERS BELLEAIR

Call Agent