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.
For sale
$1,249,000
1102 Sunset Point Rd, Clearwater, FL 33755
--beds
--baths
3,633sqft
SingleFamily
Built in 1946
0.42 Acres Lot
$1,226,600 Zestimate®
$344/sqft
$-- HOA
What's special
Large lot sizeAmple parkingFlexible layoutOversized lotLarger primary unitAdditional owner storage shedAbundant on-site parking
- 16 days |
- 170 |
- 17 |
Zillow last checked:
Listed by:
Kristin Hallamek,
Engel & Völkers Belleair
Source: Engel & Volkers,MLS#: TB8513340
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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: $344/sqft
- Tax assessed value: $640,000
- Annual tax amount: $9,275
- Date on market: 5/29/2026
- Lease term: Contact For Details
Estimated market value
$1,226,600
$1.17M - $1.29M
$4,324/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $1,249,000+3803.1%$344/sqft |
Source: | ||
| 8/9/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/23/2023 | Price change | $2,255-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/9/2023 | Listed for rent | $2,300-11.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/22/2022 | Listing removed | -- |
Source: | ||
| 5/10/2022 | Listed for rent | $2,600$1/sqft |
Source: | ||
| 12/30/1994 | Sold | $32,000-65.2%$9/sqft |
Source: Public Record Report a problem | ||
| 6/3/1994 | Sold | $92,000-5.6%$25/sqft |
Source: Public Record Report a problem | ||
| 8/26/1993 | Sold | $97,500$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | $126,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Edgewater Drive
Nearby schools
GreatSchools rating
- 8/10Sandy Lane Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 9/10Dunedin Highland Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Dunedin High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Pinellas County
- Clearwater
- 33755
- Edgewater Drive
- 1102 Sunset Point Rd







