Overview
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About this home
1429 Laura St is a 1956-built home in Knollwood Rep, Clearwater. Inside you'll find 4 bedrooms, 5 bathrooms, and 2,273 square feet of living space. Listed at $785,000 (about $345/sqft), 104 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
1429 Laura St is a unique opportunity to own a stabilized 5 unit multi-family apartment community in the rapidly growing Clearwater area of Tampa Bay MSA with substantial room for growth. Conveniently located just minute’s from Clearwater’s world-famous beaches, Downtown Clearwater and major highways. Owner Spent over $150,000 in CapEx including new roof, new hurricane impact windows, new main sewer line, building exterior paint, exterior fencing, landscaping and full interior renovations including, shaker cabinets, quartz countertops, stainless steel appliances, luxury vinyl flooring and tiled shower bathrooms. Current Rent Roll: $7,740 with a 7 CAP on takeover! NOI: $60,433 Unit Mix: 4 - 1 Bedroom/1 Bathroom Units, 1 - Studio/1 Bathroom Unit
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$785,000
$345 per sq ft
Beds and baths
4 beds, 5 baths
Size
2,273 sq ft
Time on market
104 days
Year built
1956
Monthly payment
About $5,221/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,816 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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