522 FLORIDA AVE, CLEARWATER, FL, 33756
$449,995
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,663 Sqft
|
Lot Size
5,662 Sqft
|
Rare investment opportunity. Currently available, a beautifully updated duplex in the heart of Clearwater offering an exceptional opportunity for owner-occupants alike. The leases are currently month-to-month, providing flexibility for the new owner. This building would make a great short term vacation rental because of the short drive to the crystal blue waters of Clearwater beach. The property rents quickly if one becomes available because of the location and attractive street that it is on. Unlike many rental properties, this well-maintained building is situated on a charming street lined with attractive homes featuring manicured lawns and pride of ownership is seen throughout the neighborhood. A recently newly constructed home on the street further enhances the area’s appeal and value. Predetermined market rents are gross 39,000 for current listing or 78,000 for both buildings. The property features updated kitchens and bathrooms, including stone countertops, modern cabinetry, and stylish finishes throughout. One unit offers a spacious one-bedroom, one-bath layout with an extra enclosed room that is ideal for a home office, dining area, hobby room, or a small closet could be added for bedroom, making it a 2 bedroom unit. All units have durable ceramic tile throughout. The large kitchen is equipped with modern appliances and includes a generous full pantry with a door, providing abundant storage and functionality. New hot water heater recently installed. Newer breaker boxes were all updated several years ago. Water and power are separate for all units and paid by the tenant. Ideally located just a short drive from Clearwater’s world-famous beaches, this property enjoys strong rental demand and a proven history of consistent occupancy. The 16 year owner can provide a long track record of successful consistent tenant rentals, making this an attractive addition to any investment portfolio.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8541483 | Year Built: | 1957 | |
| Appliances: | Built-In Oven, Cooktop, Electric Water Heater, Range, Refrigerator | Community Features: | Park | |
| Construction Materials: | Block | Cooling: | Wall/Window Unit(s) | |
| Country: | US | County Or Parish: | Pinellas | |
| Exterior Features: | Sidewalk | Flooring: | Ceramic Tile | |
| Foundation Details: | Slab | Heating: | Ductless | |
| Laundry Features: | Outside | Lease Term: | Twelve Months | |
| Listing Agreement: | Exclusive Agency | Lot Features: | Cul-De-Sac, Sidewalk, Street Dead-End, Paved | |
| Occupant Type: | Owner | Parking Features: | None | |
| Patio And Porch Features: | Covered | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Call Before Showing, Call Owner, Do Not Contact Tenants, Listing Agent Must Accompany | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity, Sewer, Trash Collection, Water | Utilities: | Cable Available, Electricity Connected, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
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