401 S Comet Ave, Clearwater, FL 33765

Turn-Key 6-Unit Multifamily Investment Opportunity – Clearwater, FL

Villa Fiore Apartments presents an outstanding opportunity to acquire a well-maintained, income-producing 6-unit multifamily property in a highly desirable Clearwater location. Ideal for both new and experienced investors, this asset offers stable cash flow, durable construction, and multiple value-add opportunities.

The property features a two-story concrete block building comprising six spacious 2-bedroom/1-bath units, each approximately 1,200 square feet, providing tenants with generous living space rarely found in comparable rental properties. Durable interior finishes help keep maintenance and operating costs low, contributing to consistent long-term performance.

Strategically located within walking distance of Clearwater High School and just minutes from downtown Clearwater, major hospitals, shopping, dining, and key transportation corridors including US-19 and SR-60, the property benefits from strong tenant demand and convenient access to Tampa and St. Petersburg employment centers.

Investment Highlights:

• Fully leased property with a proven history of strong occupancy

• Concrete block construction for long-term durability and reduced maintenance

• Large 2BR units (approx. 1,200 SF) attractive to long-term tenants

• Located in a high-demand rental corridor

Value-Add Opportunities:

• Implement tenant utility billing to increase monthly revenue

• Convert the existing storage building into an on-site laundry facility

• Continue optimizing rents in a growing Clearwater rental market

Villa Fiore Apartments represents a rare opportunity to acquire a stable, turn-key multifamily asset with upside potential in one of Pinellas County’s most desirable rental markets.