602 S Martin Luther King Jr AvenueClearwater, FL 33756MLS Number U8223569

  • Price: $1,195,000
  • 82 Days on Market
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Federal 30-year interest rate: 6.94% last updated on Feb 29, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756602 S Martin Luther King Jr Avenue Clearwater FL 33756
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  • 4,400Square Feet
  • 0.39Acreage
  • 1964Year Built
  • ActiveMls Status
This fully leased, newly renovated investment property with a government tenant offers a rare and compelling opportunity for investors seeking stability and low maintenance. With a ten-year lease in place featuring a government tenant, the investment promises a reliable and consistent income stream. The presence of a government tenant enhances the stability of the investment. Government leases often come with reliable payment schedules and a low risk of default, making it an attractive option for discerning investors. Enjoy the peace of mind that comes with the recent renovations --the comprehensive overhaul, includes new electrical systems, plumbing, roof, air conditioning units, ductwork, interior framing, insulation, and fresh paint. This translates to minimal maintenance costs and a hassle-free ownership experience, so investors can seamlessly step into a well-maintained and operational asset without the need for extensive renovations or updates. Seize the chance to add a premium asset to your portfolio and capitalize on the unique features and advantages that this property presents. Call or message the listing broker for further details regarding the financials including rent rolls and lease specifics.
Listed by Drew Moser of MAVREALTY (727-314-3942)

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road Frontage["City Street"]

Basic Information

Property

  • Living Area 4400

Utilities

  • Cooling Central Air

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed12/12/2023
  • MFR Flood Zone Code X

Basic Information

  • List Price$1,195,000
  • MLS NumberU8223569
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Stories1
  • Year Built1964

Property Information

  • Acreage0.39
  • Construction Materials Block
  • Lot Size Dimensions 98x175
  • Lot Size Square Feet 17,071
  • MFR Total Acreage 1/4 to less than 1/2
  • Square Feet4,400

Tax Information

  • Tax Year 2022
  • Taxes$6,192

Location

  • Address602 S Martin Luther King Jr Avenue
  • AreaClearwater/Belleair
  • Building Number602
  • CountyPinellas
  • StateFL
  • StreetMartin Luther King Jr
  • SubdivisionMagnolia Park
  • TownClearwater
  • Township 29
  • Zip33756

Based on information submitted to StellarMLS as of March 2, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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