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$750,000
5 Beds ⋅ 5 Baths ⋅ Skycrest SubDv. ⋅ 33765 Zip Code
405 S Orion Avenue | Beautifully Renovated 5-Unit Investment Property with Development Potential in the Heart of Clearwater Welcome to 405 S Orion Avenue, a beautifully renovated five-unit multifamily property offering immediate income, exceptional location, and exciting future possibilities in the heart of Clearwater, Florida. Thoughtfully updated with a refined European aesthetic, the property stands apart from typical investment properties. Inspired by the owner’s artistic education in Italy and lifelong passion for design, the interiors reflect a European sensibility. The harmonious color palette and understated finishes were carefully selected to create bright, welcoming spaces with enduring appeal, offering residents a living environment that feels both relaxing and timeless. Each unit has been creating an attractive environment for long-term tenants and helping support strong occupancy. Adding to the property’s appeal is a spacious backyard that offers flexibility for outdoor enjoyment and potential future expansion. Subject to local approvals, the site may give the opportunity for an ADU or other value-enhancing improvements. For investors and developers, 405 S Orion Avenue presents a particularly compelling opportunity. The property sits on commercially zoned land, and current zoning may allow the development of up to 10 residential units, making this an attractive acquisition for those seeking both immediate cash flow and long-term redevelopment potential. The location is one of the property’s strongest assets. Situated just minutes from Downtown Clearwater, residents enjoy convenient access to restaurants, shopping, entertainment, and the exciting transformation and revitalization currently underway throughout the downtown district. The renowned Delphi School is located on the same street, adding to the area’s desirability for families and professionals alike. For those seeking the Florida coastal lifestyle, Clearwater Beach, consistently ranked among the most beautiful beaches in the United States , is only a 10 to 15-minute drive away. Convenient public transportation is located nearby, including the Route 60 bus, providing direct access to Downtown Clearwater and the beach. As Clearwater continues to attract new investment, residents, and visitors, opportunities such as 405 S Orion Avenue become increasingly valuable. Whether you are seeking a stable income-producing asset, a value-add investment, or a future redevelopment project, this property offers a unique combination of location, character, flexibility, and growth potential. Investment. Lifestyle. Design. Opportunity. 405 S Orion Avenue is more than a multifamily property it is a thoughtfully designed investment opportunity positioned to benefit from the continued growth and evolution of one of Florida’s most desirable coastal communities.

405 S Orion Avenue, Clearwater
$1,200,000
Skycrest SubDv. ⋅ 33765 Zip Code
ATTENTION INVESTORS!! Turnkey 6-Plex INCOME MACHINE in Clearwater – Solid Upside & Strategic Location in Central Clearwater!! This property features 6 (ONE 2bed/2bath,ONE 1 bed/2bath,FOUR 1 bed/1bath) units. ALL units have been updated and always occupied! The building’s concrete block construction ensures durability and low immediate maintenance. Located in a high-demand area, this property is minutes from US-19, offering easy access to Tampa and St. Pete, making it ideal for commuters. This meticulously maintained multifamily property offers an unbeatable combination of central location and immediate ROI. Situated just minutes from the newly revitalized Downtown Clearwater, The Sound at Coachman Park, and the award-winning Clearwater Beach. Featuring a desirable unit mix, this property boasts consistent high occupancy rates and reliable rental income. Tenants love the convenient access to local dining, shopping, and major employment hubs like Morton Plant Hospital. Do not miss this rare chance to own a fully functional asset in one of Florida's most desirable rental markets. Low vacancies and high rental demand in Pinellas County, this is a secure, high income opportunity that will not last long. Ideal for investor portfolio expansion. Contact for rent roll and financials. Laundry room is equipped with washers and dryers on user friendly application on cell phone. Electric is separately metered.

400 S Meteor Avenue, Clearwater