$1,200,000
400 Meteor Avenue
Clearwater, FL 33765
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Local Insight
At $293/sqft for a 1969 multi-family property in Clearwater, you're getting a price point that could work for a developer or investor willing to handle older systems and potential unit-by-unit updates, but you'll want a thorough inspection of the roof, HVAC, and plumbing since that's typically where these buildings bleed money. The 0.25-acre lot is tight for a 4,098 sqft building, which limits your expansion options if you're thinking about adding units or improving parking—something to factor into your value-add strategy. Being in flood zone X is a genuine advantage here and keeps insurance costs reasonable, which is a real economic advantage for the bottom line.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history98 days on market
- Status: ActiveMay 18, 2026
- Listed$1,200,000Feb 9, 2026
- Price increased$1,200,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 98
- Subdivision
- Skycrest
- County
- Pinellas
- Year built
- 1969
- Living area
- 4,098 sq ft
- Price/sq ft
- $293
- Lot size
- 10,764 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12103C0109J)
- Annual taxes
- $18,853 (2024)
- Parcel #
- 13-29-15-82620-002-0070
- MLS #
- TB8472934
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Interior Details
- Bedrooms
- 0
- Interior features
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets
- Laundry
- Common Area, Laundry Room
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Fence, Garden, Private Entrance, Private Mailbox, Sidewalk
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected
Listing Details
- Listing date
- 2026-02-09
- On market date
- 2026-02-09
- Original list price
- $1,200,000
- MLS area
- 33765 - Clearwater/Sunset Point
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-18
- Tax legal description
- SKYCREST UNIT D BLK B, LOT 7
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
US 19 to West on Gulf to Bay to right on S. Meteor Ave to address on left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 23, 2026 at 10:18 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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