5 Beds
5 Baths
2,902 SqFt
5 Beds
5 Baths
2,902 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,902 sqft
Price per Sqft $240
Subdivision Skycrest
MLS Listing ID TB8521103
Bedrooms 5
Construction Status Completed
HOA Y/N No
Year Built 1955
Annual Tax Amount $7,244
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 65x135
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Welcome to 405 S Orion Avenue, a beautifully renovated five-unit multifamily property offering immediate income, exceptional location, and exciting future possibilities in the heart of Clearwater, Florida.
Thoughtfully updated with a refined European aesthetic, the property stands apart from typical investment properties. Inspired by the owner's artistic education in Italy and lifelong passion for design, the interiors reflect a European sensibility. The harmonious color palette and understated finishes were carefully selected to create bright, welcoming spaces with enduring appeal, offering residents a living environment that feels both relaxing and timeless.
Each unit has been creating an attractive environment for long-term tenants and helping support strong occupancy.
Adding to the property's appeal is a spacious backyard that offers flexibility for outdoor enjoyment and potential future expansion. Subject to local approvals, the site may give the opportunity for an ADU or other value-enhancing improvements.
For investors and developers, 405 S Orion Avenue presents a particularly compelling opportunity. The property sits on commercially zoned land, and current zoning may allow the development of up to 10 residential units, making this an attractive acquisition for those seeking both immediate cash flow and long-term redevelopment potential.
The location is one of the property's strongest assets. Situated just minutes from Downtown Clearwater, residents enjoy convenient access to restaurants, shopping, entertainment, and the exciting transformation and revitalization currently underway throughout the downtown district.
The renowned Delphi School is located on the same street, adding to the area's desirability for families and professionals alike.
For those seeking the Florida coastal lifestyle, Clearwater Beach, consistently ranked among the most beautiful beaches in the United States , is only a 10 to 15-minute drive away. Convenient public transportation is located nearby, including the Route 60 bus, providing direct access to Downtown Clearwater and the beach.
As Clearwater continues to attract new investment, residents, and visitors, opportunities such as 405 S Orion Avenue become increasingly valuable. Whether you are seeking a stable income-producing asset, a value-add investment, or a future redevelopment project, this property offers a unique combination of location, character, flexibility, and growth potential.
Investment. Lifestyle. Design. Opportunity.
405 S Orion Avenue is more than a multifamily property it is a thoughtfully designed investment opportunity positioned to benefit from the continued growth and evolution of one of Florida's most desirable coastal communities.
Location
State FL
County Pinellas
Community Skycrest
Area 33765 - Clearwater/Sunset Point
Rooms
Other Rooms Family Room
Interior
Interior Features Eat-in Kitchen
Heating Central, Electric
Cooling Central Air
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Fence, Garden
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8521103
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