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$1,195,000
138 Days Online

602 S Martin Luther King Jr Avenue
Clearwater, FL 33756

For Sale|Commercial|Pending
0
Beds
0
Full Baths
0
Partial Baths
4,400
SqFt
$272
/SqFt
1964
Built
Subdivision:
Magnolia Park
County:
Pinellas

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602 S Martin Luther King Jr Avenue602 S Martin Luther King Jr Avenue602 S Martin Luther King Jr Avenue602 S Martin Luther King Jr Avenue
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Under contract-accepting backup offers. This fully leased, newly renovated investment property with a government tenant offers a rare and compelling opportunity for investors seeking stability and low maintenance. With a ten-year lease in place featuring a government tenant, the investment promises a reliable and consistent income stream. The presence of a government tenant enhances the stability of the investment. Government leases often come with reliable payment schedules and a low risk of default, making it an attractive option for discerning investors. Enjoy the peace of mind that comes with the recent renovations --the comprehensive overhaul, includes new electrical systems, plumbing, roof, air conditioning units, ductwork, interior framing, insulation, and fresh paint. This translates to minimal maintenance costs and a hassle-free ownership experience, so investors can seamlessly step into a well-maintained and operational asset without the need for extensive renovations or updates. Seize the chance to add a premium asset to your portfolio and capitalize on the unique features and advantages that this property presents. Call or message the listing broker for further details regarding the financials including rent rolls and lease specifics.

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Listing Snapshot
Price 
$1,195,000
Days Online 
138 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.39 Acres
Year Built 
1964
MLS® Number 
U8223569
Status 
Pending
Property Tax 
$6,192
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Pending
3 months agoPrice changed to $1,195,000
5 months agoListing first seen online
General Features
Construction 
Block
Number of Stories 
1
Acreage 
0.39
Property Sub Type 
Office
Foundation 
Slab
Ownership 
Corporation
Parcel Number 
15-29-15-54450-023-0150
Interior Features
Cooling 
Central Air
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Exterior Features
Waterfront Property 
No
Road Frontage 
City Street
Community Features
Township 
29
MLS Area 
33756 - Clearwater/Belleair
Listing courtesy of MAVREALTY 727-314-3942



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-04-28 11:15 PM EDT

Neighborhood & Commute
Source: Walkscore
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