Belleair Bluffs Florida Multi-Family for Sale

Rare Multi-Structure Investment: 2 Detached Homes on 1 Parcel in Historic Largo Redevelopment District. Position your portfolio in one of Pinellas County’s key redevelopment zones. This unique dual-dwelling property features two independent Old Florida detached homes on a single lot, delivering built-in diversification, immediate cash-flow potential, and multiple execution strategies: dual rental income, house-hacking/live-in investment, or long-term value-add play. Property Highlights & Key Capital Improvements: Primary Residence (1001 15th Ave NW): Well maintained by a long-term owner; features a brand-new central A/C system (2022), sturdy metal roof, and attached covered carport. Classic pine flooring throughout. Secondary Cottage (1455 10th St NW): Proven rental history, fixer upper, with strong value-add potential. Fully detached with its own driveway access and covered carport. Shared Utility Outbuilding: Centralized communal barn-shed equipped with full washer/dryer hookups and auxiliary storage to serve both units. Low Risk Exposure: Located in FEMA Flood Zone X (no mandatory flood insurance required). Location & Infrastructure: Situated just 1 mile from the West Bay Drive urban corridor, minutes to downtown Largo redevelopment projects, and 2.5 miles to the Gulf Coast beaches. Investment Flexibility: Whether you're executing a buy-and-hold strategy, maximizing gross yield via distinct leases, or building equity in a growing coastal submarket, this turn-key layout minimizes overhead while offering clear upside. Check it out today!

1455 10th Street Nw, Belleair Bluffs

Listing courtesy of DONOVAN HOME SALES INC. 800-822-1222

$349,000

2 Beds ⋅ 2 Baths ⋅ TB8540127 MLS

Centrally located duplex with long term tenants. No flood zone insurance required. Each side is 1 bed 1 bath.

905 Beverly Avenue, Belleair Bluffs

Listing courtesy of BEST BEACH RENTALS & SALES PA. 727-827-7112

$399,900

3 Beds ⋅ 3 Baths ⋅ TB8539085 MLS

**Great Duplex Opportunity in Belleair!** This well-maintained duplex offers an excellent opportunity for an investor or owner-occupant looking for rental income and flexibility. Located on a desirable corner lot with **two separate driveways**, the property offers ample parking and easy access to both units. The larger unit features **2 bedrooms and 2 full baths**, including an extra-large primary bedroom, an eat-in kitchen, and a spacious screened-in porch. The porch also includes a closet with **washer and dryer hookups**. The second unit offers **1 bedroom, 1 full bath, and an eat-in kitchen**, making it an ideal rental, guest suite, or additional living space. **Both units are currently rented. The tenant in the larger 2-bedroom unit is scheduled to vacate on October 31, 2026**, providing an excellent opportunity for a new owner to occupy the larger unit while continuing to receive rental income from the second unit, subject to the existing lease. Property improvements include a **2020 roof** and a **2013 A/C system serving the larger unit**. The smaller unit is equipped with a window A/C. Whether you're looking to live in one side and rent the other, add an income-producing property to your portfolio, or simply own a versatile duplex in a desirable location, this property offers plenty of possibilities. **Don't miss this opportunity in Belleair!**

1000 8th Avenue Nw, Belleair Bluffs

Listing courtesy of LISA HALL REALTY, INC. 727-742-5830

$449,000

4 Beds ⋅ 2 Baths ⋅ TB8530064 MLS

Under contract-accepting backup offers. Virtually Staged. Exceptional opportunity to own a beautifully updated duplex in a prime Largo location, offering outstanding flexibility for investors, owner-occupants, or multigenerational living. Whether you're looking to generate rental income, live in one unit while leasing the other, or accommodate extended family, this well-maintained property checks all the boxes. Constructed of durable block and featuring a newer roof, both units have been thoughtfully refreshed with new interior and exterior paint, updated finishes, new stainless-steel appliances, luxury vinyl flooring, ceiling fans and updated baths with new vanities and toilets. Unit 3223 boasts a completely renovated kitchen, a spacious family room with new mini-split A/C and the convenience of an indoor laundry room. Unit 3225 features a brand-new central air conditioning system and offers a gentle nod to the homes mid-century roots. Separate electric meters provide added flexibility for tenants or owners. Outside, a private backyard shaded by a mature tree offers plenty of space to relax and enjoy Florida's beautiful weather. Conveniently located just minutes from shopping, restaurants, parks, and the area's world-famous Gulf beaches, this move-in-ready duplex is a rare opportunity with endless possibilities for income and lifestyle.

3223 Dryer Avenue, Belleair Bluffs

Listing courtesy of COLDWELL BANKER REALTY. 727-581-9411

$359,000

4 Beds ⋅ 2 Baths ⋅ TB8527748 MLS

Everybody says they want to own a duplex...until the right one comes along. **Here's your opportunity.** This solid duplex features **two 2-bedroom, 1-bath units**, each with **inside laundry** and a functional layout that's perfect for owner-occupants or investors. Live in one side while the other helps pay your mortgage, rent out both for strong income potential, or add a great asset to your investment portfolio. Situated on a **large lot** just minutes from **downtown Largo**, this property is **directly across the street from a beautiful lakefront park**, giving you easy access to walking paths, open green space, and a peaceful setting right outside your front door. You'll also enjoy being close to Largo's vibrant downtown, additional parks, the skate park, restaurants, shopping, and year-round community events. It's the kind of location that continues to attract both residents and renters. Whether you're looking for your first investment property, a home with built-in rental income, or the perfect addition to your portfolio, opportunities like this don't come along often. **Live in one side, rent the other, or lease both—the choice is yours.** **If owning a duplex has been on your wish list, don't let this opportunity pass you by.**

397 Sw 2nd Street, Belleair Bluffs

Listing courtesy of COLDWELL BANKER REALTY. 727-822-9111

$1,200,000

11 Beds ⋅ 6 Baths ⋅ W7883881 MLS

ATTENTION INVESTORS! Excellent Income Opportunity from day one! This Multi Family turnkey property has 5 units a total of 11 beds and 6 baths. 2 separate units in the front and 3 units in the rear building. Buildings are well maintained all have newer roofs and have been recently painted. All units are rented with leases and security deposits in place. Property is large with plenty of parking for tenants and also has convenient alley access. An income earning coin laundry room on property is an added convenience for tenants. Property is located in a desirable area in the heart of downtown Largo, close to everything & pedestrian friendly. Walk to Ulmer Park for the downtown farmers markets and special events, close to beautiful Largo Central Park & Nature Preserve, walk to shops, restaurants and Liberty Yards. A short drive over the Belleair Bridge to some of the best soft sand beaches in Florida with restaurants and shopping. This Multi Family property is in a great location and offers a fantastic cash flow opportunity for investors. TENANT OCCUPIED- PLEASE DO NOT DISTURB.

518 6th Avenue Sw, Belleair Bluffs

Listing courtesy of FUTURE HOME REALTY. 800-921-1330

$900,000

5 Beds ⋅ 5 Baths ⋅ TB8474230 MLS

The property (all 1/1's) features a thoughtful mix of rental options, including traditional long-term leases and flexible mid-term arrangements for a duration of 90 days or more. Of the five available units, three are currently designated for long-term rentals, providing stable and reliable income. The remaining two units are successfully rented on a mid-term basis through popular platforms such as Airbnb, VRBO, and Furnished Finders, catering to a growing market of travelers and professionals seeking temporary accommodations. All units boast a private & fenced outdoor space. This property sits outside the requirement for flood insurance. This property is ideally suited for anyone looking to enter the lucrative world of Airbnb rentals. With the current setup already established and operational, it offers a seamless transition for new investors seeking to make their mark in the rental market. For seasoned investors, this property represents a fantastic addition to an existing portfolio, enhancing diversification and revenue potential. Units easily converted to all traditional rentals or all midterm rentals with the addition or omission of furnishings.

115 Cleveland Avenue, Belleair Bluffs

Listing courtesy of CARTER PROPERTY GROUP LLC. 727-481-6842

$1,725,000

7 Beds ⋅ 6 Baths ⋅ A4682296 MLS

Price Improvement! This rare 5-unit short-term rental property offers an exceptional opportunity to own a fully established Airbnb-style compound just a short drive to the Gulf beaches and a central hub for nature trails, festivals, and events in downtown Clearwater. ** Listing includes includes Parcel Id 27-29-15-38970-003-0050. Spread across three lots on two parcels, the property includes a spacious main residence along with four individual guest cottages, creating multiple income-producing retreats in one highly desirable Pinellas County location. The property consists of five total units, including four well-appointed 1-bedroom, 1-bath cottages, each approximately 576 square feet, ideal for couples or small families seeking a private Florida getaway. The larger main home spans approximately 1,148 square feet and serves as the centerpiece of the compound with 3 bedrooms and 2 baths, luxury finishes, LVP flooring, a true primary suite with a walk-in closet, a bunk room, and inviting outdoor living spaces. Guests enjoy a side patio for dining plus a screened back porch complete with darts and foosball, creating a resort-style experience. Three of the four cottages share nearly identical layouts for ease of operation and consistent guest appeal, while all units offer generous backyard areas, ample secure parking, and convenient Yale smart lock access. Offered fully furnished and professionally designed, this property is truly turnkey and has been well maintained, while still presenting additional upside, including the potential to add a swimming pool. Laundry is thoughtfully arranged with a washer and dryer inside the main house, plus an additional centrally located utility room with washer and dryer access for cottage guests or cleaning teams. Each unit is separately metered for electric and water, providing added flexibility for future ownership strategies and long-term operational value. Adding to the uniqueness of the offering is the street-to-street frontage between 15th Avenue Northwest and 16th Avenue Northwest, along with mixed-use zoning that may provide future redevelopment or expansion potential as the surrounding area continues to grow. Surrounded by tropical landscaping with palm and orange trees, and located minutes from Clearwater, Belleair, and Indian Rocks Beach, yet positioned in Airbnb-friendly Largo, this is a truly rare chance to operate a well-performing short-term rental compound in one of Florida’s most in-demand coastal markets.

1500 Clearwater Largo Road N, Belleair Bluffs

Listing courtesy of WILLIAM RAVEIS REAL ESTATE. 941-894-1255

$429,000

3 Beds ⋅ 2 Baths ⋅ TB8463637 MLS

Fantastic development opportunity! Due to a recent zoning change, this double lot can now accommodate UP TO FOUR DWELLING UNITS! The City of Largo has confirmed that permissible configurations include a quadplex, two duplexes, or four single-unit cottages, subject to applicable development standards. The property currently consists of two structures: a fully renovated single-family home plus a separate two-story accessory structure. The accessory structure features a garage/workshop on the first floor, with an unfinished upper level that can be remodeled for residential use, subject to permitting and current code requirements. The renovated front home is 846 sq. ft. 3BR/2BA, with new flooring, kitchen, appliances, windows and roof, and is move-in ready. Come tour this rare opportunity to create your own multifamily investment property in Largo!

1006 15th Avenue Nw, Belleair Bluffs

Listing courtesy of STONEBRIDGE REAL ESTATE CO. 727-443-5000

$340,000

2 Beds ⋅ 2 Baths ⋅ G5106202 MLS

ANOTHER PRICE DROP!! Discover the perfect investment opportunity or multi-generational home with this charming duplex, ideally situated in close proximity to the world-famous Clearwater Beach and the serene shores of Indian Rocks Beach. Enjoy the best of Florida’s Gulf Coast lifestyle, with sugar-white sands, stunning sunsets, and vibrant beach activities just minutes away. This turnkey property is fully move-in ready or rental-prepared, allowing you to start living or earning income immediately—no renovations needed! Recently updated with full re-plumbing and modern electrical systems, it offers peace of mind and efficiency for years to come. Also, the mini-split AC/heat units are less than a year old and ROOF is 2022. Ideal as a short-term rental, this duplex provides excellent potential for vacation rental income in a high-demand beach area. Each unit features its own private appeal, while the shared private backyard—fully enclosed by durable vinyl fencing—creates a secluded oasis for relaxation, barbecues, or outdoor entertaining. Whether you’re seeking a primary residence, a family compound, or a savvy rental property, this duplex combines convenience, updates, and prime location for effortless coastal living. Don’t miss out—schedule your showing today!

726 Stremma Road, Belleair Bluffs

Listing courtesy of LPT REALTY, LLC. 877-366-2213

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Belleair Bluffs Florida Multi-Family

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