Providing news, research, data and properties in Southwest Florida – Site offered by Sean Dreznin of Dreznin Pappas Commercial Real Estate LLC.

*NEW LISTING* 6-Unit Multifamily Property in Clearwater, FL *

Brought to you by Dreznin Pappas Commercial Real Estate LLC.

Investment Highlights

  • The House of Flowers (Villa Fiore) offers a Buyer Significant Rental Upside Through Strategic Interior Renovations. Immediate Value-Add Impact Once Implemented. Year One Loss to Lease available to capture with Value Add approximately $400 +/- per unit. Ability to pass through Additional Utilities would add additional income not in place.
  • 1,200 SF Two Bedroom / One Bath Units for all 6-Units.
  • Roofs are newer (Butimen) Parking Lot newer and maintained well Concrete Block Construction Tile Flooring Throughout
  • Confidential Offering – Must Sign CA with DPCRE before additional detailed information will be provided. Do Not Visit the property without arranging a visit with agent.
  • You’ll also find the Spring Training home of the Philadelphia Phillies as well as phenomenal entertainment venues – all within a short distance of the amazing white sands of Clearwater Beach. Situated in Fast Growing Submarket w/ Stable Tenant Base Surroundings Ability to monetize laundry by adding on property for tenants use

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