519 FLORIDA AVE, CLEARWATER, FL, 33756
$395,000
Residential Income
Bedrooms
6
Bathrooms
5
Living Area
1,768 Sqft
Lot Size
5,998 Sqft
Updated triplex investment opportunity in the heart of Clearwater producing strong rental income. Renovations completed in 2023 include gray vinyl flooring, water heaters, appliances, and interior improvements throughout the units. Additional updates include a washer installed in 2025 and dryer replaced in 2022. The property features three separate residences: Unit 519A offers a 1-bedroom, 1-bath layout, Unit 519 is a larger 1-bedroom, 1-bath unit, and Unit 521 is a 2-bedroom, 1-bath unit located at the rear of the property. An adjacent office space next to Unit 519 presents a value-add opportunity and could potentially be incorporated into the unit to create a larger floor plan with increased rental potential. Built with solid block construction, the property benefits from a transferable pest control contract, two electric meters, and low-maintenance systems. Conveniently located near Clearwater High School, shopping, dining, Gulf to Bay Boulevard, and other major amenities, this income-producing asset is well-positioned for both investors and future appreciation. Current projected gross annual rental income is approximately $68,400.
Property Details
Property Features Property Features
MLS ID: MFRA4696944 Year Built: 1954
Appliances: Range, Refrigerator Construction Materials: Block, Concrete
Cooling: Wall/Window Unit(s) Country: US
County Or Parish: Pinellas Exterior Features: Other, Outdoor Grill, Storage
Financial Data Source: Owner Flooring: Tile
Foundation Details: Slab Furnished: Unfurnished
Heating: Ductless Laundry Features: Laundry Room
Lease Term: Twelve Months Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, Private Financing Available
Lot Features: Street Dead-End, Paved Occupant Type: Tenant
Other Structures: Shed(s) Parking Features: Driveway, On Street, Open
Patio And Porch Features: Patio Pets Allowed: Yes
Property Condition: Completed Property Sub Type: Triplex
Property Type: Residential Income Road Surface Type: Asphalt, Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity, Sewer, Trash Collection, Water Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
View: City Water Source: Public
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