Clearwater Oaks
Closed1121 Druid Rd, Clearwater, FL 33756
Property type
Multifamily
Unit / Space count
200
Price
$16,575,000
Building size
157,115 sf
Rentable area
157,115 SF
Year built
1949
Year renovated
Occupancy
Zoning code
Lot size
11.43 Acres
Sold/status
Sold · Date unknown
Sale price
$16575000
Bedroom count
Property description
Clearwater Oaks offers an investor the opportunity to acquire a classic, 201-unit, multifamily community located in the heart of Clearwater, Florida. The Property consists of 200, 725 square foot townhome units and one 525 square foot studio on a 11.42 acre site. The Property is a townhome community consisting of concrete block walls, floors and roofs. Decorative, pitched shingle roofs were added in 2000. The 23 buildings that house the units are situated in a park-like setting with mature oaks providing shaded areas throughout the Property.
Property highlights
- Less Than Two Miles to Downtown Clearwater
- World-Renowned Beaches are Minutes Away Including Caladesi Island, Honeymoon Island and Clearwater Beach, Which Was Just Named “Best Beach in America” by TripAdvisor
- Recent Capital Improvements Include Exterior Paint, Re-Sodding, Installation of an Irrigation System, Upgraded Exterior Lighting and Enhancements to the Front and Rear Entries to the Units
- Excellent Thoroughfare to the Gulf-to-Bay Boulevard and U.S. Highway 19
- Functional Two-Bedroom, One Bath Townhome Floor Plans