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$325,000
4 Beds 2 Baths TB8543846 MLS
Investors Wanted! Cash-only opportunity in Clearwater’s Monterey Heights neighborhood. This duplex offers two separate units, each with 2 bedrooms and 1 bath, and is ready for an investor or buyer looking to renovate and maximize its investment potential. Flood Zone X, No HOA, and No CDD. Conveniently located near shopping, restaurants, parks, recreation centers, schools, and medical facilities. Approximately 5 miles from Clearwater Beach, 30 minutes to Downtown St. Pete, and 35 minutes to Downtown Tampa, with convenient access throughout the Tampa Bay area. Bring your vision and take advantage of the potential this property offers for renovation, rental income, or resale. Washer and dryer do not convey.

1636 S Jefferson Avenue, Clearwater

Listing courtesy of RE/MAX REALTEC GROUP INC. 727-789-5555

$449,995
4 Beds 2 Baths TB8541483 MLS
Rare investment opportunity. Currently available, a beautifully updated duplex in the heart of Clearwater offering an exceptional opportunity for owner-occupants alike. The leases are currently month-to-month, providing flexibility for the new owner. This building would make a great short term vacation rental because of the short drive to the crystal blue waters of Clearwater beach. The property rents quickly if one becomes available because of the location and attractive street that it is on. Unlike many rental properties, this well-maintained building is situated on a charming street lined with attractive homes featuring manicured lawns and pride of ownership is seen throughout the neighborhood. A recently newly constructed home on the street further enhances the area’s appeal and value. Predetermined market rents are gross 39,000 for current listing or 78,000 for both buildings. The property features updated kitchens and bathrooms, including stone countertops, modern cabinetry, and stylish finishes throughout. One unit offers a spacious one-bedroom, one-bath layout with an extra enclosed room that is ideal for a home office, dining area, hobby room, or a small closet could be added for bedroom, making it a 2 bedroom unit. All units have durable ceramic tile throughout. The large kitchen is equipped with modern appliances and includes a generous full pantry with a door, providing abundant storage and functionality. New hot water heater recently installed. Newer breaker boxes were all updated several years ago. Water and power are separate for all units and paid by the tenant. Ideally located just a short drive from Clearwater’s world-famous beaches, this property enjoys strong rental demand and a proven history of consistent occupancy. The 16 year owner can provide a long track record of successful consistent tenant rentals, making this an attractive addition to any investment portfolio.

522 Florida Avenue, Clearwater

Listing courtesy of HOMECOIN.COM. 888-400-2513

$398,000
4 Beds 2 Baths TB8538354 MLS
Clearwater duplex offering approximately 1,820 square feet of living space on a 6,251-square-foot lot with two separate units and no HOA. Built in 1982, the property features open floor plans and separately metered units. The roof was replaced in 2016, and one kitchen and both bathrooms were updated in 2016. Unit B features a newer bathtub with subway tile surround. Both units have central HVAC, ceramic tile flooring, and individual laundry closets. Unit A has washer and dryer hookups only; no washer or dryer is included with Unit A. Unit B has an existing washer and dryer that will remain with the property and convey AS IS. Each unit has a small patio area off the kitchen with a metal awning and separate outdoor space. The front yard is fully fenced and is currently used by Unit A. Unit B has driveway parking, while Unit A utilizes street parking. The property is located near major roadways, shopping, dining, services, St. Pete-Clearwater International Airport, Tampa International Airport, and Gulf beaches, with access to US 19 and I-275. Photos of Unit A were taken prior to the current tenant's occupancy and include both staged and non staged images. Photos of Unit B were taken in 2025 with staging. Staging shown in the photographs was physical staging and was not digitally or virtually added.

15588 59th Street N, Clearwater

Listing courtesy of CAPSTONE REALTY & ASSOCIATES. 727-301-7855

$338,800
4 Beds 2 Baths TB8536909 MLS
Rare high-appreciation investment opportunity in downtown Clearwater! This property is located in a prime downtown location, with no HOA, and is in Flood Zone X. The property is a two-story duplex. Each unit is 1,080 sq ft and includes 2 bedrooms and 1 bathroom. There is also a detached garage of approximately 300 sq ft next to the main building. The seller has already completed the pre-construction site preparation and cleanup work and has obtained a complete set of architect-prepared, signed and sealed plans for permit application. The plans include the renovation design for the two existing residential units and the conversion of the detached garage into a third residential unit, including cabinetry, a bathroom with a shower, and living space. The buyer does not need to start from scratch. The key component—the architect-prepared, signed and sealed plans—has already been completed by the seller. The buyer only needs to prepare any additional supporting documents required by the City and submit them together with the plans for permit approval. The estimated permit review timeframe is approximately 3–4 weeks. Once the permit is approved, construction can begin according to the existing plans. Except for the roof, which was replaced in 2014, all other parts of the property require a full renovation. A buyer may first renovate and rent the two existing residential units to begin generating substantial rental income, then convert the detached garage into a third residential unit according to their own timeline, subject to City approval. Upon completion of the planned renovation and conversion, the property would consist of three residential units with approximately 2,450 sq ft of total living space. The proposed three-unit configuration offers strong long-term rental income and appreciation potential. This property is especially well suited for a long-term rental owner seeking greater rental income from three residential units, an owner-occupant who plans to live in one unit while renting the others, or a contractor or experienced renovation professional seeking resale profit through the completion of the renovation.

1216 Franklin Circle, Clearwater

Listing courtesy of HOMECOIN.COM. 888-400-2513

$525,000
6 Beds 4 Baths TB8529958 MLS
Exceptional up-dated Clearwater Duplex Investment Opportunity! Each unit is a 3 bedroom, 2 bathroom. Each has their own laundry and a fenced in backyard. Don't miss this outstanding income-producing duplex located in the heart of Clearwater. This well-maintained property features two spacious 3-bedroom, 2-bathroom units, making it an ideal opportunity for investors seeking strong rental income or owner-occupants looking to offset their mortgage with rental revenue. Each unit is metered separately for power, owner pays the water (one meter). Both units were extensively updated in 2017, offering modern finishes and comfortable living spaces that appeal to today's tenants. Major improvements include a new roof installed in 2020, providing added value and peace of mind for years to come. Newer drain field 5-ish years ago and was Septic was serviced and emptied in January 2026 Each residence offers generous living areas, functional floor plans, and private entrances, creating an attractive rental property with broad market appeal. Conveniently located near US-19, shopping, dining, schools, parks, and Gulf Coast beaches, this property is well-positioned for long-term rental demand. Whether you're expanding your investment portfolio or looking for a turnkey duplex with excellent income potential, this Clearwater property is one you won't want to miss!

1863 Audrey Drive, Clearwater

Listing courtesy of PROFESSIONAL REAL ESTATE MGMT. 727-447-5100

$425,000
3 Beds 2 Baths TB8526234 MLS
Virtually Staged. PRICE IMPROVEMENT - $425,000 Enoy the Florida lifestyle while owning a versatile income-producing duplex in Clearwater. Whether you're looking for a Florida home base, a property with rental income, or an investment opportunity, 533 Yelvington Avenue offers flexibility in a convenient Clearwater location. The beautifully updated one-bedroom side provides a comfortable place to live and enjoy, featuring an updated kitchen with new appliances, quartz countertops, new backsplash, freshly painted cabinetry, updated lighting and exhaust fan, plus an updated bath with new tub liner, vanity, fixtures and toilet. Fresh paint throughout the one-bedroom side creates a clean, inviting space ready for its next owner. The two-bedroom side is currently occupied by long-term tenants under an existing lease providing established rental income while allowing the owner to enjoy the updated one-bedroom residence. Tenant privacy is respected, with no interior photographs of the occupied unit included online. Recent improvements include a 2022 roof with tie-down straps and 2023 hurricane-impact windows and hurricane-impact door coverings, adding valuable updates for Florida living. Located in Clearwater puts you within convenient reach of the area's beaches, restaurants, shopping, entertainment and outdoor recreation. Spend more time enjoying the Gulf Coast lifestyle and less time taking on a major renovation project. Schedule your private showing today!

533 Yelvington Avenue, Clearwater

Listing courtesy of TREASURED HOME COLLECTION. 727-210-3282

$415,000
4 Beds 2 Baths TB8515379 MLS
Welcome to 15134 Verona Ave, Clearwater, FL 33760—a well-maintained duplex offering exceptional income-producing potential and strong value for investors or owner-occupants alike. This versatile property has been thoughtfully updated and features major capital improvements that provide peace of mind while helping minimize future maintenance expenses. Unit A serves as a true **model unit**, showcasing a fully renovated interior with an updated kitchen, beautifully remodeled bathroom, fresh paint, and modern ceiling fans throughout. Unit B has also been improved with a **newly renovated bathroom**, enhancing both comfort and rental appeal. Adding to the property's functionality, **each unit features its own private laundry room and dedicated storage area**, a highly desirable amenity for tenants. Significant updates include a **new roof installed in 2021**, a **new A/C system in Unit B in 2023**, and a **new A/C system in Unit A in 2025**, giving buyers confidence in the property's major systems. Whether you're looking to expand your investment portfolio, generate consistent rental income, or live in one unit while renting the other, this property presents an outstanding opportunity. With its desirable Clearwater location, attractive updates, and tenant-friendly features, 15134 Verona Ave offers **excellent rental income potential** and long-term investment value. Don't miss your chance to own a turnkey property that combines modern upgrades, strong cash-flow potential, and investment upside in the heart of Pinellas County. Schedule your private showing today!

15134 Verona Avenue, Clearwater

Listing courtesy of COMPASS FLORIDA, LLC. 212-913-9058

$499,000
4 Beds 2 Baths TB8514528 MLS
Why settle for one home when you can own two? Imagine living in the beautifully updated front home while your detached guest house helps pay your mortgage. Purchase one of Clearwater's most versatile investment properties with multiple income strategies already in place. Whether you're an investor, house hacker, multi-generational family, or someone seeking additional flexibility, this property delivers options few homes can. Both houses have private yards that are perfect for entertaining. One of the houses could be an office, in-law suite, guest house, or a mid- or long-term rental; the options are endless. Both houses also come completely furnished, so it's easy to just move right in. The seller is offering $10,000 towards closing costs or a rate buy down, plus all the furniture is included!

1466 Laura Street, Clearwater

Listing courtesy of COMPASS FLORIDA LLC. 727-380-2067

$378,500
2 Beds 2 Baths TB8505654 MLS
Rare Clearwater investment opportunity with multiple exit strategies. Whether you are an investor, builder, or end user looking for land value, rental potential, and future upside, this oversized property offers the flexibility to live, lease, expand, or redevelop in one of Clearwater’s active growth corridors. Situated on an 83’ x 127’ quarter-acre lot with rear alley access, this property is currently configured as a duplex with two 1-bedroom, 1-bath units. The property has no rental history due to owner use, but projected rental potential per unit per month depends on the final use, condition, rental strategy, and market demand. Inquire for details! The real value is in the land, zoning, and flexibility. The property offers potential for duplex, triplex, or fourplex use, giving a future owner several possible paths to increase value: maintain the existing duplex, live in one unit and rent the other, lease both units for income, explore conversion or expansion into a triplex or fourplex, or redevelop the oversized lot with new construction. Buyer should verify zoning, permitted uses, density, rental projections, and redevelopment options with the City of Clearwater. The existing block construction and recent updates — including HVAC, cabinetry, and appliances — allow for continued use while preserving long-term upside. This makes the property especially appealing for buyers who want income potential now with the ability to plan future improvements or redevelopment. Location continues to drive demand. The property is conveniently positioned within a short drive to Clearwater Beach and the Gulf, with easy access to Tampa International Airport, Downtown St. Petersburg, shopping, dining, and major employment corridors. This central location supports strong long-term rental appeal and future resale value. Large lots with this level of flexibility — live-in potential, income-producing use, and redevelopment upside — are becoming increasingly rare in Clearwater. For the buyer looking to control land, create income, and unlock future value, this is a Clearwater opportunity worth serious attention.

831 Grand Central Street, Clearwater

Listing courtesy of AGILE GROUP REALTY. 813-569-6294

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