901 Vine Avenue, CLEARWATER, FL

About 901 Vine Avenue

This unique property featuring two separate homes, detached from each other, both have private fences with their own yards. Located just two minutes from downtown Clearwater. This is a fantastic opportunity for a savvy investor or someone with a vision to restore and bring value to the property. The back home is a well maintained 2-bedroom, 1-bathroom rental, currently bringing in $1800/month with long term tenants in place – providing immediate income. The front house, a 3-bedroom, 1-bathroom has sustained significant damage from a fallen tree in the storm in October and is uninhabitable. THIS IS A TEAR DOWN PROJECT. This could become a single family home with a large yard, or a build back of the second unit. It is up to the buyers to have an architect plan the project and work with the city on what is allowed. When purchasing the home, the new owner’s insurance will cover the back unit however will not cover the front unit until it is built back. Please note this property is being offered as is and will require a cash offer or a construction loan due to the condition of the front house. The property did not experience flooding during the recent storms, and the pictures of the front house show its condition prior to the damage first, then at the end, it shows the damage of the unit. Don’t miss out on this great opportunity to own two homes with great potential – whether you’re looking for a rental income property or a project to restore and flip! Contact us today to schedule a viewing or get more information.

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