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$689,990
7 Beds 3 Baths TB8538782 MLS
INVESTOR SPECIAL — fully remodeled TRIPLEX plus rentable RV pad on an oversized 0.37-acre double lot in unincorporated Pinellas County: no HOA, and short-term rentals ARE permitted. Income starts the day you close — an occupied unit paying $1,850/month plus the seller's offered 12-month leaseback at $1,550/month puts $3,400/month in place at closing, before a single new lease is signed. The rest of the upside is yours to switch on: the recently vacant 2/1 (last rented July-2027 for $1,700) is rent-ready against a $2,020 HUD Fair Market Rent, the occupied unit sits 28% below its $2,580 FMR, and the RV pad adds about $900/month once simple power and water hookups are completed. Fully leased, scheduled rents reach about $7,050/month ($84,600/year) — pro forma NOI of approximately $61,600/year, an 8.8% cap rate at list price. The heavy lifting is done: roof 2018 and solar 2021, both permitted on public record, plus fully remodeled interiors — tile floors, updated kitchens with granite island, updated baths — across two concrete-block buildings, 2,512 heated SF. Three self-contained units (a 2BR plus bonus room where one closet creates a legal third bedroom, and two 2/1s), each with central A/C and separately metered water and electric — tenants pay their own utilities. Total remaining scope roughly $0–10K: add the closet and barn door that finish the bonus room as a true third bedroom — making that unit a genuine 3/1 — and complete the simple power and water hookups for the RV pad. Minutes from US-19, St. Pete–Clearwater International Airport, downtown Clearwater, and the Gulf beaches, with deep rental demand across every strategy: buy-and-hold, DSCR buyers, house-hackers living in one unit while the others pay the mortgage, short-term rental operators, or 1031 exchange. Some exterior photos were taken prior to the 2021 solar panel installation.

15501 61st Street N, Clearwater

Listing courtesy of DALTON WADE INC. 888-668-8283

$477,000
4 Beds 3 Baths TB8532067 MLS
Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4,425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside, the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1,500 but could rent for 1,600) and two 1/1 units (rented at 1,425 and 1,500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site.

725 New York St, Clearwater

Listing courtesy of COPELAND MORGAN LLC. 727-235-7988

$659,000
5 Beds 4 Baths TB8523868 MLS
Live in one, rent the others—or maximize income from all three residences. This unique Clearwater property offers exceptional flexibility with a 3BR/2BA main home featuring a spacious living area, breakfast bar, laundry room, and private fenced backyard. A separate two-story building includes a 2BR/1BA apartment upstairs and a large studio apartment downstairs with its own kitchen, bath, and laundry—ideal for rental income, extended family, or guests. Recent improvements include a 2022 roof on the detached building and newer A/C systems for both buildings. The main home is currently leased with the lease ending soon, providing flexibility for owner occupancy or continued rental income. Conveniently located just minutes from downtown Clearwater and approximately 10 minutes from Clearwater Beach, this versatile property is an outstanding opportunity for homeowners and investors alike.

912 Druid Road E, Clearwater

Listing courtesy of HIGH POINT REALTY INC. 727-466-6697

$445,000
5 Beds 3 Baths TB8516721 MLS
Nice property with Lake Bellevue across the street. A great park is also on the other side of the street. The Triplex is divided as follows: 3/1, 2/1, and a studio. It consists of three separate units: • Unit 1: 3 bedrooms, 1 bathroom — currently leased and occupied at $1,850 per month. • Unit 2: 2 bedrooms, 1 bathroom — leased and occupied at $1,800 per month. This unit has been recently remodeled. • Unit 3: Studio — leased at $1,100 per month. Conveniently situated between downtown Clearwater and Belleair, the property boasts a superb location facing Lake Belleview and is directly across from Ross Norton Recreation Center and Ed C. Wright Park. A short drive will take you to some of the best beaches in the US at Clearwater, Belleair Beach, Indian Rocks Beach to name a few. ***TENANT OCCUPIED, PLEASE DO NOT DISTURB TENANTS***

1379 S Martin Luther King Jr Avenue, Clearwater

Listing courtesy of MCPEAK REAL ESTATE FIRM. 813-495-3875

$849,900
5 Beds 4 Baths TB8493151 MLS
Nestled in the heart of Clearwater, 306 Marshall St presents an incredible opportunity to own a versatile two-dwelling triplex in a prime location. This property offers a spacious 3-bedroom, 2-bathroom front house and two charming 1-bedroom, 1-bathroom units in the rear structure—perfect for multi-generational living, rental income, or a combination of both! The front house boasts an inviting layout with room for family gatherings, while the rear units provide cozy, private retreats. Whether you're looking to invest or settle down, this property delivers flexibility and potential. Location is everything, and this triplex places you at the center of Clearwater's best attractions. Spend your weekends soaking up live entertainment at The Sound, enjoying picturesque views of Clearwater Harbor, or exploring the vibrant shops, dining, and culture of Downtown Clearwater. And of course, you're just minutes away from the world-renowned white sands and sparkling waters of Clearwater Beach, consistently ranked among the nation's top beaches. Don't miss your chance to own a property that combines comfortable living, investment potential, and unbeatable proximity to everything Clearwater has to offer. Schedule your showing today!

306 Marshall Street, Clearwater

Listing courtesy of COMPASS FLORIDA LLC. 813-365-9935

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