Updated 1 day ago on .
Clearwater, FL – Triplex Deal w/ ~11% Cap + Development Potential
Just locked up a triplex in Clearwater that's pulling ~$82.6K NOI = ~11% Cap Rate at $760K.
On top of the current cash flow, the lot is 15,033 sq ft (0.35 acre), zoned up to 35 units/acre → potential for 7–10 total units.
Key points:
Assignment Price: $760K + CC + $7,300 commission
- Close: 30 days | Inspection: 10 days | EMD: $10K (Marina Title)
- Roof 2017 | Central A/C | Cash-flowing now w/ upside in rents + development
Great opportunity for someone looking for both yield + redevelopment upside in a strong Clearwater location.
👉 DM me if you’d like the rent breakdown, photos, and details.
Offering
Tampa, Florida