Triplex + Development Opportunity – Clearwater, FL (Assignment of Contract)

[Svit Kovacevic]

I have a triplex under contract in Clearwater, FL with strong cash flow and major development potential. Available via assignment of contract.

📍 Address: 214 Highland Ave, Clearwater, FL 33755

💰 Assignment Price: $760,000 + buyer pays all CC + $7,300 seller’s agent commission

➡️ Total All-In (before CC): $767,300

🔑 Highlights:

• 3 Units + extra parking income
• Current NOI: ~$82,600
• Cap Rate @ $760k: ~10.8%
• Lot Size: 15,033 sq ft (0.35 acre)
• Zoning: Up to 35 units/acre → potential for 7–8 additional units
• Located in Clearwater’s Downtown Gateway District

📌 Terms:

• Assignment of Contract
• Close in ~30 days, 10-day inspection
• Buyer pays all CC + $7,300 seller’s realtor commission
• EMD: $10,000 (Marina Title, Tampa FL)

👉 Interested? DM me or comment with your email and I’ll send over details.