$990,000
3 bed 1 bath 4,524 sqft

124 N JEFFERSON AVENUE, Clearwater, FL 33755

Neighborhood: Gateway
Multi Family Pending Sale On ZeroDown for 2 months
MLS Status: Pending

Welcome to Clearwater!!! Rare opportunity to acquire a quaint 6 unit concreate block building within 1 mile of downtown and 2 miles to World Famous beaches! Solid long term annual based tenants with opportunity to lease on a short term / Airbnb option. Onsite laundry room. Central heat and air for all units. Approximately 50% of the units have been upgraded. Units are individually metered for water and electric!! Contact us today to schedule your private tour and to execute CA for financials. Residents are unaware of sale. Please do not disturb!!

All About The Home

Property Details for 124 N JEFFERSON AVENUE

Property Facts
Status
Pending
Property Type
Residential Income, Multi-Family
Community
CLEARWATER
Lot Size
7,266 sq ft.
Year Built
1971
MLS #
U8178941
Style
Multi Family, Residential Income
Virtual Tour
Floor Size
4,524 sq ft.
View(s)
Garden
Interior Features

Bedroom Information

# of bedrooms:
3

Bathroom Information

# of Baths (Total):
2

Heating & Cooling Information

Heating:
Central, Electric
Cooling:
Central Air

Interior Information

Windows:
Blinds
Interior Features:
Ceiling Fans(s), Solid Surface Counters, Thermostat

Multi-Unit Information

# of Buildings:
1
# of Units:
6
Gross Income:
$67,434.0

Unit Type 1 Information

# of Units:
4
# of Baths/unit:
1
# of Beds/unit:
1
Type:
One Bed/One Bath
Pro Forma Rent:
$1,050.0

Unit Type 2 Information

# of Baths/unit:
1
# of Beds/unit:
2
Type:
Two Bed/One Bath
Pro Forma Rent:
$1,250.0
See 20+ more property details
Listed by: Randall Cortner
Brokerage: PHILLIP SCOTT MANAGEMENT & INV
MLS#: U8178941
Source: Stellar MLS
Details provided by Stellar MLS and may not match the public record.

Location

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Financials

How much will I pay?

$5,603 /month See breakdown
20% down, 30 year mortgage, 8.046% APR
Estimated cash to close
$214,786
Rates by TPH ZeroDown Brokerage Inc. (NMLS#2262539)
Note: Actual amounts may vary. This cost estimate is for informational purposes only and is not intended to be construed as financial advice. see legal disclaimer

Market Comparison for 124 N JEFFERSON AVENUE

Competition is low in 33755, with homes selling 6% below asking price over the last three months. Three years ago, they were selling 2% below asking price.

Price Tracker for 124 N JEFFERSON AVENUE

Is 124 N JEFFERSON AVENUE a good investment?

Home values in 33755 have grown 18.7% per year over the last three years.

Home History

What work has been done on 124 N JEFFERSON AVENUE?

This home has 2 permits over the last 7 years.

What should I look out for?

Are there any known issues with the home? What kind of things whould I look for based on the age of the home?

Public Facts about 124 N JEFFERSON AVENUE

This home last sold in 2016 for $383000. It was last assessed for taxes in 2020 for $369600.

Around The Neighborhood

How Are the Schools in Gateway?

33755 public schools nearby are pretty great, ranking better than the Greater Tampa Bay Area region average.

Can I raise a family in Gateway?

46% of homes in 33755 are renter-occupied with an average household size of 2.6 members.

There are plenty of options for childcare for young families in 33755, including Stepping Stones Daycare & Preschool and Clearwater Martin Luther King, Jr, Neighborhood Center Coalition. Proximity to urgent care centers such as Mease Dunedin Education Center, Baycare Urgent Care, and Bayside Urgent Care Center is also a plus.

Is Gateway safe?

33755 is relatively safe compared to the Greater Tampa Bay Area region.

What are my public transportation options in Gateway?

More than 63% of commuters drive to work alone in 33755.

33755 has a walk score of 42, a bike score of 61, and a transit score of 28. Most errands require a car.

Where Can I Charge My Electric Vehicle near 124 N JEFFERSON AVENUE?

There is an electric vehicle charging location in 33755 with a total of 2 level 2 chargers .

Recently Sold Homes in Gateway

17 homes were sold in 33755 this month, which is 45% lower than last month and 65% lower than last year.

Quality of Life
Milkyway

How is the night sky in Clearwater?

Expect bright, urban-like night skies and high light pollution, washed-out greyish, yellowish sky backgrounds, and easily recognizable brighter constellations but a totally or nearly invisible Milky Way.

Natural Hazards risk in Clearwater

This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.

How are the noise levels in Gateway?

Ambient noise level around this home is 70 - 80 dBA, classified as loud - safe for any time period. Sounds like a vaccum cleaner.

Is the air quality good in Gateway?

See the average quality in the area and what particles in the air you may be affected by.

Will I Like My Neighbors in Gateway?

This home is in a precinct that voted for Joe Biden in 2020, who took 52% of the 1622 votes cast.

46% of homes in 33755 are renter-occupied with an average household size of 2.6 members.

86.0% of adults in 33755 have completed high school, which is 3.8% lower than the national average.

Who provides the best cell coverage in Gateway?

The best mobile coverage in 33755 is provided by T-Mobile with 265 cellular sites.

How to buy a home in Clearwater

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