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Marcus E Smith PA

marcus@marcusesmith.com +1(407) 342-3214

$ 449,995

Est. payment -/mo

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New

522 FLORIDA AVE Clearwater, FL 33756

4 Beds

2 Baths

1,663 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,663 sqft

Price per Sqft $270

Subdivision Suburb Beautiful

MLS Listing ID TB8541483

Bedrooms 4

HOA Y/N No

Year Built 1957

Annual Tax Amount $2,907

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 55X110

Property Sub-Type Duplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Pinellas

Community Suburb Beautiful

Area 33756 - Clearwater/Belleair

Rooms

Other Rooms Bonus Room, Den/Library/Office, Family Room

Interior

Interior Features Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Window Treatments

Heating Ductless

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Fireplace false

Appliance Built-In Oven, Cooktop, Electric Water Heater, Range, Refrigerator

Laundry Outside

Exterior

Exterior Feature Sidewalk

Parking Features None

Community Features Park

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Porch Covered

Garage false

Private Pool No

Building

Lot Description Cul-De-Sac, Sidewalk, Street Dead-End, Paved

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Schools

Elementary Schools Plumb Elementary-Pn

Middle Schools Oak Grove Middle-Pn

High Schools Clearwater High-Pn

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Listed by Jonathan Minerick HOMECOIN.COM

NEARBY SCHOOL & BUSINESS

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