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Auburn Flats 1132 Auburn St 15 Unit Apartment Building $4,179,749 CAD ($278,650 CAD/Unit) Clearwater, FL 33756
Executive Summary
Auburn Flats: well-maintained 15-unit multifamily complex in a highly desirable Clearwater location just minutes from the Missouri Ave Business District, Largo schools, and public transportation. This property features a strong unit mix of nine 1-bedroom and six 2-bedroom apartments across one- and two-story concrete block/stucco buildings.
The complex offers 24 parking spaces, a guest laundry room, and a large rear yard with value-add potential. The expansive backyard provides an excellent opportunity to generate additional income through boat and RV storage.
Historically 100% occupied, this property has demonstrated consistent performance. The current owner has renovated several units, including tile flooring upgrades and updated A/C systems. Major capital improvements include a brand-new roof (2024) and a new fire alarm system servicing the entire complex.
Solid block construction, strong rental history, and additional income potential make this a compelling investment in one of Clearwater’s most accessible and growing corridors.
The complex offers 24 parking spaces, a guest laundry room, and a large rear yard with value-add potential. The expansive backyard provides an excellent opportunity to generate additional income through boat and RV storage.
Historically 100% occupied, this property has demonstrated consistent performance. The current owner has renovated several units, including tile flooring upgrades and updated A/C systems. Major capital improvements include a brand-new roof (2024) and a new fire alarm system servicing the entire complex.
Solid block construction, strong rental history, and additional income potential make this a compelling investment in one of Clearwater’s most accessible and growing corridors.
Property Facts
| Price | $4,179,749 CAD | Building Class | C |
| Price Per Unit | $278,650 CAD | Lot Size | 1.01 AC |
| Sale Type | Investment | Building Size | 14,464 SF |
| No. Units | 15 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1981/2025 |
| Apartment Style | Low-Rise | Parking Ratio | 1.66/1,000 SF |
| Zoning | RM-15, County - Residential Low Rise Multifamily/Medium Density District | ||
| Price | $4,179,749 CAD |
| Price Per Unit | $278,650 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 14,464 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2025 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | RM-15, County - Residential Low Rise Multifamily/Medium Density District |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Walking/Biking Trails
- Public Transportation
- Walk-Up
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 27-29-15-00000-240-1600 | Improvements Assessment | $1,747,105 CAD |
| Land Assessment | $789,507 CAD | Total Assessment | $2,536,612 CAD |
Property Taxes
Parcel Number
27-29-15-00000-240-1600
Land Assessment
$789,507 CAD
Improvements Assessment
$1,747,105 CAD
Total Assessment
$2,536,612 CAD
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Auburn Flats | 1132 Auburn St
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