Active

$364,900

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 1248 sq ft
Overview
  • ID: MFRA4680211
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 1248 sq ft
Property Details
Remarks
Excellent investment opportunity in the heart of Clearwater! This well-maintained duplex at 1407 Taft Ave offers immediate cash flow with strong upside potential. Both units are currently tenant-occupied and rented below market value, making this an ideal property for investors or owner-occupants looking to increase returns over time. Unit A is a 2-bedroom, 1-bath residence renting for $1,150/month on a month-to-month lease, providing flexibility for a rent increase or future owner occupancy. Unit B is also a 2-bedroom, 1-bath unit leased at $1,195/month through 07/31/2026, delivering stable, long-term income. Each unit features its own private laundry room located in the backyard, a valuable amenity that adds convenience and tenant appeal. The property was updated by the prior owner and has been well cared for, making it a low-maintenance addition to any portfolio. Separate living spaces and thoughtful layout enhance privacy for both tenants. Located just minutes from downtown Clearwater, residents enjoy easy access to shopping, dining, public transportation, and major roadways. The property is a short drive to world-famous Clearwater Beach, local parks, and the Pinellas Trail, while also being close to employment centers, hospitals, and schools. With strong rental demand in the Clearwater market and continued area growth, this duplex presents a compelling opportunity for both seasoned and first-time investors. Don’t miss this income-producing property with built-in upside in a highly desirable Clearwater location.
Financial Considerations
Price:
$364,900
HOA Fee:
N/A
Tax Amount:
$4426.68
Price per SqFt:
$292.39
Tax Legal Description:
LINCOLN PLACE BLK 1, LOT 12
Exterior Features
Lot Size:
3350
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1962
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk, Storage
Additional Features 2:
N/A
Map
  • Address
    1407 TAFT AVE
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