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Under contract
  • Price cut: $50K (7/1)
    $1,199,000

    1102 Sunset Point Rd, Clearwater, FL 33755

    --beds
    --baths
    3,633sqft
    : 
    $7,802/mo
    Get pre-qualified
    SingleFamily
    Built in 1946
    0.42 Acres Lot
    $1,111,800 Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Under contract-accepting backup offers. Exceptional investment opportunity in perfect Clearwater location. Featuring a 6-unit multifamily property on an oversized lot with abundant on-site parking and additional owner storage shed. This professionally managed asset offers strong cash flow with an excellent cap rate and 5 of 6 units currently occupied, providing immediate income with one vacant unit available for easy showings or owner occupancy. All units have been renovated and in great shape! This is ideal for investors seeking a stable, turnkey asset in a high-demand rental corridor near Dunedin and Clearwater. The flexible layout presents multiple strategies: continue operating as a high-performing income property, increase rents over time, or live in the larger primary unit while the remaining units offset expenses and generate passive income. Tenants love the location with quick access to vibrant downtown Dunedin restaurants, breweries, shopping, and waterfront parks. Enjoy stunning Gulf Coast sunsets along Edgewater Drive and easy access to world-famous Clearwater Beach. Convenient to major employment centers, beaches, recreation, and entertainment, this property has consistently attracted reliable tenants and has been easy to lease. Additional highlights include ample parking, large lot size with future potential, owner storage, strong rental history, and pride of ownership throughout. Property has experienced no flooding or storm-related issues during ownership, offering added confidence for long-term investors. Rare opportunity to acquire a well-positioned multifamily asset in one of Pinellas County’s most desirable rental markets.
    69 days
    |
    211
    |
    14
    |

    Zillow last checked:

    Listed by:

    Kristin Hallamek,

    Engel & Völkers Belleair

    Source: Engel & Volkers,MLS#: TB8513340MLS Logo

      Facts & features

      Interior

      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Microwave, Refrigerator
      Features
      • Flooring: Other, Tile
      • Has basement: No
      Interior area
      • Total structure area: 3,633
      • Total interior livable area: 3,633 sqft

      Property

      Parking
      • Parking features: Lighted
      Features
      • Stories: 1
      Lot
      • Size: 0.42 Acres
      Details
      • Parcel number: 032915880920000230

      Construction

      Type & style
      • Home type: SingleFamily
      Condition
      • Year built: 1946

      Community & HOA

      Community
      • Subdivision: SUNSET POINT A REP
      Location
      • Region: Clearwater

      Financial & listing details

      • Price per square foot: $330/sqft
      • Tax assessed value: $690,000
      • Annual tax amount: $10,415
      • Date on market: 5/29/2026
      • Lease term: Contact For Details

        Estimated market value

        $1,111,800

        $1.06M - $1.17M

        $2,530/mo

        Price history

        DateEventPrice
        7/17/2026Contingent$1,199,000$330/sqft
        Source: Stellar MLS #TB8513624 Report a problem
        7/1/2026Price change$1,199,000-4%$330/sqft
        Source: Stellar MLS #TB8513624 Report a problem
        5/29/2026Listed for sale$1,249,000+3803.1%$344/sqft
        Source: Engel & Volkers #TB8513340 Report a problem
        8/9/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/23/2023Price change$2,255-2%$1/sqft
        Source: Zillow Rentals Report a problem
        5/9/2023Listed for rent$2,300-11.5%$1/sqft
        Source: Zillow Rentals Report a problem
        6/22/2022Listing removed--
        Source: Engel & Volkers Report a problem
        5/10/2022Listed for rent$2,600$1/sqft
        Source: Engel & Volkers #U8161931 Report a problem
        12/30/1994Sold$32,000-65.2%$9/sqft
        Source: Public Record Report a problem
        6/3/1994Sold$92,000-5.6%$25/sqft
        Source: Public Record Report a problem
        8/26/1993Sold$97,500$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,415 +12.3%$464,999 +10%
        2024$9,275 +11.3%$422,726 +10%
        2023$8,332 +9.9%$384,296 +10%
        2022$7,584 +17.5%$349,360 +10%
        2021$6,454 +17.7%$317,600 +21%
        2020$5,483 -23.9%$262,523 -24.3%
        2019$7,203 $347,000 +4.5%
        2018$7,203 +3.7%$332,000 +2.2%
        2017$6,944 +19.7%$325,000 +16.1%
        2016$5,802 +3.4%$280,000 +5.7%
        2015$5,611 +8.5%$265,000 +8.9%
        2014$5,173 -1.8%$243,300 -0.7%
        2013$5,266 +0.1%$245,000
        2012$5,262 $245,000 -5.8%
        2011-- $260,000
        2010-- $260,000 -0.8%
        2009-- $262,136 -9.7%
        2008$5,091 $290,156 +24.5%
        2007-- $233,076 +22.7%
        2005-- $190,000 +18.8%
        2004$2,846 +15.2%$160,000 +18.5%
        2003$2,470 +5.2%$135,000 +2.3%
        2002$2,349 $132,000 +4.2%
        2001$2,349 +0.9%$126,700 +0.4%
        2000$2,327 $126,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Edgewater Drive

        Getting around

        38 / 100
        Car-Dependent
        31 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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