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1468 Druid Road E, Clearwater
$539,900
5 Beds ⋅ 3 Baths ⋅ TB8555282 MLS
Virtually Staged. EASY CONVERSION TO A 4-UNIT PROPERTY! Just 10 minutes from Clearwater Beach, one of the top-ranked beaches in the U.S., this freshly renovated multifamily is NOT in a flood zone and offers rare flexibility. Live in one unit and let the rents cover the mortgage, or hold it as a 4-unit income property. There are currently 2 units, and all 4 future units have their own separate entrance. The 4/2 main house 1,757 SQFT can be split into two 2/1 units by closing the door by the kitchen and stairs, and the separate entrances are already in place. The back studio is leased to a reliable HUD tenant who has been there 4 years, bringing in $1,475/month with the lease running through May 31, 2027. The detached garage studio has been gutted and fitted with all-new electrical and new PVC plumbing, and most materials for the kitchen and bath are already on-site. Finishing it adds 420 heated sq ft, for a total of 2,429, plus a projected $1,500+/month in rent. Updates include a 2024 water heater, new central A/C in the main house (2025) with an added mini split in the primary bedroom, and a new mini split in the back studio (2025). Roof (2014) The property has NATURAL GAS! It is fully fenced with ample parking, plus an additional fenced backyard with a storage shed that works well for pets or entertaining. ALL APPLIANCES AND THE SHED CONVEY. Shared laundry room. Units are not separately metered. Schedule your private showing today!

1468 Druid Road E, Clearwater

Listing courtesy of FRANK ALBERT REALTY. 813-546-2503

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Coldwell Banker Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®