Address
1116 Wyatt, CLEARWATER, FL
Price
$ 1,900,000
Property Attributes
  • MLS#U8210455
  • TypeIncome
  • CountyPINELLAS
  • CityCLEARWATER
  • AreaClearwater-Belleair
  • Zip33756
  • StyleMulti Family
  • Year Built1969
  • Taxes$ 14146
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7736
  • Lot Size1.97 Acres
Data Source:
Stellar MLS
Property Description

The Wyatt Street package consists of 7 units on 4 adjacent properties with the addresses being 1116,1118 ,1120 and 1128 Wyatt Street on 1.171 acres more or less with 7 rental units of combined 7,736 Sq. Ft. heated area and 319 Ft more or less combined street frontage. The yearly actual gross income is $166,000 with actual annual net income of $130,907 providing a great return. All tenants are on leases except 1116 that is on month to month. Property is located at border of City of Clearwater and City of Largo. Do not go on property or bother tenants. The unit mix is as follows: 1116 has a single family home =1 unit 1118 has 2 single family homes=2 units 1120 has 1 single family home and a duplex with 2 units= 3 units 1128 has 1 single family home =1 unit Total units are 7 rental units totaling 7,736 heated SQ FT on 4 separate adjoining properties of a combined 1.71 acres

Price History
8/15/2023 Listed $2,199,999
11/16/2023 46% - $1,199,900

General Features

Interior Features Other,Thermostat,Walk-In Closet(s)
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Built-Up
Exterior Features Other
Construction Materials Block,Metal Siding,Stucco,Wood Frame,Wood Siding
Year Built 1969
Tenant Pays Electricity,Sewer,Trash Collection,Water
Property SubType Multi Family
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 167748
Additional Parcels Description #272915000002100500,#272915000002100600,#272915000002100700,#272915000002100710
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name NONE
Garage Y/N No
Status Active
Directions Missouri Ave. West on Wyatt Street
ModificationTimestamp 2024-05-28T21:42:49.453Z
City CLEARWATER
Buyer Agent Compensation 2.5%-$399
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 7
MLS Area 33756 - Clearwater/Belleair
Lot Size Units Acres
Lot Size Square Feet 85813
Waterfront Y/N No
Carport Spaces 3
Carport Y/N Yes
Land Lease Y/N No
Tax Annual Amount 14146
Ok to Lease 12 Months
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8210455
Days on Market 288
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0600
Legal Description PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM SW COR OF NE 1/4 OFNW 1/4 OF SEC TH E 230FT,PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM SW COR OF NE 1/4 OFNW 1/4 OF SEC TH E,PART OF NW 1/4 OF SEC 27-29-
Water Access Y/N No
Water View Y/N No
Flood Zone Code x

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
LivingAreaSource Public Records

Exterior Features

Water Source Canal/Lake For Irrigation
Lot Size Area 1.97
Foundation Details Crawlspace,Slab
Number of Buildings 7
Lot Dimensions 371 x
Lot Size Acres 1.97
Road Surface Type Asphalt,Paved
Covered Spaces 3
Number of Lots 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33756

Price
AVG $1.35M
$1.9M
Taxes
AVG $14,349
$14,146
Visits
AVG 572
1030
Data Provided by Inside Real Estate®
Year Built
AVG 1941
1969