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405 S Orion Avenue

CLEARWATER, FL 33765
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Bed 4

Bed

Bath 4

Bath

SqFt2,902

Sqft

Acres0.20

Acre(Lot)

405 S Orion Avenue | Beautifully Renovated 4-Unit Investment Property with Development Potential in the Heart of Clearwater Welcome to 405 S Orion Avenue, a beautifully renovated four-unit multifamily property offering immediate income, exceptional location, and exciting future possibilities in the heart of Clearwater, Florida. Thoughtfully updated with a refined European aesthetic, the property stands apart from typical investment properties. Inspired by the owner’s artistic education in Italy and lifelong passion for design, the interiors reflect a sophisticated European sensibility. The harmonious color palette and understated finishes were carefully selected to create bright, welcoming spaces with enduring appeal, offering residents a living environment that feels both relaxing and timeless. Each unit has been creating an attractive environment for long-term tenants and helping support strong occupancy. Adding to the property’s appeal is a spacious backyard that offers flexibility for outdoor enjoyment and potential future expansion. Subject to local approvals, the site may offer the opportunity for an ADU or other value-enhancing improvements. For investors and developers, 405 S Orion Avenue presents a particularly compelling opportunity. The property sits on commercially zoned land, and current zoning may allow the development of up to 10 residential units, making this an attractive acquisition for those seeking both immediate cash flow and long-term redevelopment potential. The location is one of the property’s strongest assets. Situated just minutes from Downtown Clearwater, residents enjoy convenient access to restaurants, shopping, entertainment, and the exciting transformation and revitalization currently underway throughout the downtown district. The renowned Delphi School is located on the same street, adding to the area’s desirability for families and professionals alike. For those seeking the Florida coastal lifestyle, Clearwater Beach, consistently ranked among the most beautiful beaches in the United States , is only a 10 to 15-minute drive away. Convenient public transportation is located nearby, including the Route 60 bus, providing direct access to Downtown Clearwater and the beach. As Clearwater continues to attract new investment, residents, and visitors, opportunities such as 405 S Orion Avenue become increasingly valuable. Whether you are seeking a stable income-producing asset, a value-add investment, or a future redevelopment project, this property offers a unique combination of location, character, flexibility, and growth potential. Investment. Lifestyle. Design. Opportunity. 405 S Orion Avenue is more than a multifamily property it is a thoughtfully designed investment opportunity positioned to benefit from the continued growth and evolution of one of Florida’s most desirable coastal communities.

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Detail Ic Property Details

Property Type : Residential Income

Price : $775,000

AD Id : 85804503

MLS Id : MFRTB8521103

Beds : 4

Lot Size : 0.20 Acre

Living Area Size : 2,902

Year Built : 1955

County : Pinellas

Subdivision: Skycrest

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 4

    Interior Features

    Eat-in Kitchen Roof: Shingle Laundry Features: Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Construction Materials: Block
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1955
  • Exterior Features

    Fence, Garden Construction Materials: Block Foundation Details: Slab

  • Lot Information

    Lot Dimensions: 65x135 Lot Square Feet: 8777 Lot Acres: 0.2 Lot Size (SqMt): 815

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$775000

  • Tax Information

    Tax Block: A Tax Book Number: 28-30 Tax Lot: 6 Tax Legal Description: SKYCREST UNIT C BLK A, N 65FT OF LOT 6 Annual Tax: $7244.03 Tax Year: 2025 Parcel Number: 13-29-15-82602-001-0060

  • Utility Information

    Cable Connected, Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: SKYCREST City: CLEARWATER Direction: Gulf to Bay to Orion
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2 N Fernwood Avenue #7, Clearwater, FL, 33765 $99,900 2 1 800 800 SqFt
401 S Nimbus Avenue, Clearwater, FL, 33765 $640,000 4 3 2,192 2,192 SqFt
1965 Rainbow Drive, Clearwater, FL, 33765 $539,900 4 3 2,199 2,199 SqFt
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ByOwner last updated this listing 07/06/2026 @ 06:20

MLS: MFRMLS #TB8521103 LISTED BY: David Kerr, HIGH POINT REALTY INC 727-466-6697 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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