Discover a lucrative investment opportunity with this Clearwater office building, boasting an EXCELLENT CAP rate. Situated on a high-traffic main road, just minutes from the city center, this property features six revenue-generating units, three bathrooms, and two kitchens (one shared), ensuring versatile tenant. Many improvements have been made to the building including A.C, water heater and electrical panels, paint, new flooring 2024, new roof 2024. Make your appointment today to see this updated revenue generating unit.This property offers exceptional value with nine parking spaces. The combination of prime location, recent renovations, and diverse unit configurations makes this office building a highly attractive investment for those seeking consistent revenue and long-term growth. Schedule your showing today to capitalize on this exceptional opportunity.
For sale
Price cut: $5K (5/1)
$674,000
1212 S Highland Ave, Clearwater, FL 33756
13beds
6baths
3,881sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$174/sqft
$-- HOA
What's special
Three bathroomsNew roofNew paintNew water heaterNine parking spacesDiverse unit configurationsTwo kitchens
- 79 days
- on Zillow |
- 687 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: May 01, 2025 at 02:39pm
Listing Provided by:
Julio Lopez 407-467-9411,
JCL REALTY INC 407-467-9411
Source: Stellar MLS,MLS#: O6289192
Originating MLS: Orlando Regional

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 6
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Thermostat
- Has fireplace: No
Interior area
- Total interior livable area: 3,881 sqft
Video & virtual tour
Property
Features
- Exterior features: Rain Gutters, Sidewalk
Lot
- Size: 8,568 Square Feet
- Dimensions: 100 x 98
Details
- Parcel number: 232915290160001540
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Stucco, Wood Frame
- Foundation: Slab
- Roof: Other,Shingle,Slate
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Subdivision: FORREST HILL ESTATES
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Clearwater
Financial & listing details
- Price per square foot: $174/sqft
- Annual tax amount: $6,347
- Date on market: 3/13/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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