Description:
EXECUTIVE SUMMARY
RARE OPPORTUNITY: 100% Leased (Main Building) w/ Value Add (2nd Building). Edgewater Lofts. Beautifully renovated apartment building situated on double lot in near Edgewater Bay of Clearwater/Dunedin. 4-Unit main building has vintage Mediterranean flair. All four units feature generous unit mix of (2) bedroom, (1) bath units. Upper units have a partial water view. 2nd building (detached garage) has been partially converted to two studio units (vacant/storage currently). Property is not in a flood zone. Detached Close to Pinellas Trail, Clearwater Beach, Edgewater Blvd. Units 1-4 are leased between $1450-1750/mos; projected rents for two vacant studio units $1199/mos.