Active

$533,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1644 sq ft
Overview
  • ID: MFRTB8377405
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1644 sq ft
Property Details
Remarks
Turnkey duplex opportunity in the heart of Clearwater! Located directly across from the Clearwater Country Club and golf course, 1260 Palmetto St features two 3-bedroom, 1-bath units, each renting at $1,650/month with tenants covering their own utilities. (Value of washer/dryer hookups was not added to rent at time of leasing, providing an opportunity for potential rent increases after lease renewals). Separate electric meters, BOTH units recently renovated, new appliances in both units, washer/dryer hookups, and private backyard patios enhance tenant appeal. A storage shed offers added utility. Both AC units are older but functional, and the roof was recently updated in 2023 (buyer to verify). Just 13 minutes to the powdery sands of Clearwater Beach — a world-famous destination offering top-rated hotels, shops, restaurants, and vibrant entertainment. Downtown Clearwater’s cultural attractions and major medical centers are also close by. With immediate income and potential for future value-add, this property is perfect for investors seeking strong returns in a high-demand area. Recent appraisal done- $530,000. PLEASE DO NOT BOTHER TENANTS for anything. Lease for 1260 is through 4/26 and 1262 is 12/25.
Financial Considerations
Price:
$533,000
HOA Fee:
N/A
Tax Amount:
$5305.47
Price per SqFt:
$324.21
Tax Legal Description:
FAIR BURN ADD BLK H, LOT 6
Exterior Features
Lot Size:
9174
Lot Features:
Near Golf Course, Near Public Transit, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Driveway, Ground Level
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Tile, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1953
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk, Storage
Additional Features 2:
Verify restrictions with the City of Clearwater
Map
  • Address
    1260 PALMETTO ST
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