519 Florida Avenue, Clearwater, FL 33756

$395,000
4
BD
3
BA
1,768
SqFt

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List Price
$395,000
Status
Pending
Days on Market
2
MLS#
A4696944
Property Style
Triplex
Year Built
1954
Bedrooms
4
Bathrooms
3
Living Area
1,768
Lot Size
5,998
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Suburb Beautiful
MLS Area Major
Clearwater/Belleair

Property Description

Under contract-accepting backup offers. 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.

Additional Information

Taxes
$4615
Minimum Lease
No Minimum
Location
Street Dead-End, Paved
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Other, Solid Wood Cabinets
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Other, Solid Wood Cabinets
Floor
Tile
Appliances
Range, Refrigerator
Utilities
Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Concrete
Exterior Features
Other, Outdoor Grill, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Driveway, On Street, Open
Elementary School
Plumb Elementary-Pn
Middle School
Oak Grove Middle-Pn
High School
Clearwater High-PN
Pets
Allowed
Flood Zone Code
X
Parcel ID
14-29-15-85950-001-0100
Legal Description
SUBURB BEAUTIFUL BLK A, LOT 10

Listing courtesy of EXP REALTY, LLC. 941-462-3321

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