$395,000

$223/sq ft

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Overview

Bedroom

4

Year Built

1954

Sqft

1768

Property Type

Triplex

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.

Property Details

MLS#

A4696944

Address

519 FLORIDA

City

Clearwater

State/county

FL

Zip/Postal Code

33756

Area

Suburb Beautiful

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,615

Maint Fee

$--

Tax Year

2025

Range

Refrigerator

City

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Boris Gelfand