Properties

Save
Ask
Tour
Hide
Share
$1,155,000
342 Days On Site

602 S MARTIN LUTHER KING JR AVENUE
CLEARWATER, FL 33756

For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
4,400
SqFt
$263
/SqFt
1964
Built
Subdivision:
MAGNOLIA PARK
County:
Pinellas
Call Now: 727-775-3292
Is this the home for you? We can help make it yours.
727-775-3292
602 S MARTIN LUTHER KING JR AVENUE602 S MARTIN LUTHER KING JR AVENUE602 S MARTIN LUTHER KING JR AVENUE602 S MARTIN LUTHER KING JR AVENUE
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$5,270
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

This newly renovated investment property, fully leased with a government tenant, presents a unique and appealing opportunity for investors seeking stability and minimal maintenance. The ten-year lease with a government tenant ensures a dependable and consistent income stream, boasting a 7.5% CAP rate. Government tenants provide enhanced investment stability due to their reliable payment schedules and low default risk, making this an attractive option for discerning investors. The recent comprehensive renovations include new electrical systems, plumbing, roofing, air conditioning units, ductwork, interior framing, insulation, and fresh paint, ensuring minimal maintenance costs and a hassle-free ownership experience. Investors can effortlessly acquire a well-maintained and operational asset without needing extensive updates. Don't miss the chance to enhance your portfolio with this premium property. Contact the listing broker for detailed financial information, including rent rolls and lease specifics.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,155,000
Days On Site 
342 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.39 Acres
Year Built 
1964
MLS® Number 
U8223569
Status 
Active
Property Tax 
$6,192
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
6 months agoPrice changed to $1,155,000
11 months agoListing first seen on site
General Features
Acres 
0.39
Foundation 
Slab
Number Of Stories 
1
Property Sub Type 
Office
SqFt Total 
4400
Interior Features
Cooling 
Central Air
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Block
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33756 - Clearwater/Belleair
Roads 
Asphalt
Township 
29
Listing courtesy of MAVREALTY 7276410151



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share