Active

$395,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 1768 sq ft
Overview
  • ID: MFRA4696944
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 1768 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$395,000
HOA Fee:
N/A
Tax Amount:
$4615
Price per SqFt:
$223.42
Tax Legal Description:
SUBURB BEAUTIFUL BLK A, LOT 10
Exterior Features
Lot Size:
5998
Lot Features:
Street Dead-End, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, On Street, Open
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1954
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other, Outdoor Grill, Storage
Additional Features 2:
Check with City ordinances
Map
  • Address
    519 FLORIDA AVE
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