$499,000 pending
916 magnolia drive , clearwater, FL 33756
| Beds 6 | Baths 3 | 1,651 Sqft | 0.20 Acres |
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Property Description
Under contract-accepting backup offers. Welcome to a prime investment opportunity in the heart of Clearwater! This unique corner lot holds a Duplex in the front and a single back unit, offering three separate living spaces each with 2 bedrooms, 1 bathroom. The added convenience of an attached garage to the third unit provides extra appeal for potential renters. Separate electric and water meters for each unit, plenty of parking available for tenants and NO FLOOD ZONE!!! The property has a new roof installed in 2020, ensuring durability and peace of mind for years to come. Each unit's Florida Room provides a comfortable space to relax or entertain, making these homes particularly attractive to renters. The layout of the units not only maximizes rental income potential but also enhances privacy and comfort for residents. Property is tenant occupied, so please do not disturb tenants. Positioned just 10 minutes from the world-renowned Clearwater Beach and 15 minutes from Downtown Dunedin, this property offers a prime location that’s highly sought after by both long-term tenants and short-term vacationers. Whether you’re looking to capitalize on the booming short-term rental market or secure reliable long-term tenants, this property is a stellar choice for savvy investors. Don’t miss out on this opportunity to own a versatile and lucrative asset in one of Florida's most coveted areas!
General Information
Sale Price: $499,000
Price/SqFt: $302
Status: Pending
MLS#: U8254336
City: clearwater
Post Office: clearwater
County: Pinellas
Subdivision: mount orange rev
Acres: 0.2
Bedrooms:6
Bathrooms:3
House Size: 1,651 sq.ft.
Acreage: 0.2 est.
Year Built: 1950
Property Type: Triplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Block, Wood Siding
Exterior Misc: Sidewalk
Basement: No
Foundation : Crawlspace
Appliances: Built-In Oven, Refrigerator
Cooling: Central Air
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $3,461
Legal Description: MOUNT ORANGE REVISED BLK C, LOTS 32,33 AND 34
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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 purchasing. Listing By: JoAnne Campbell of LPT REALTY, LLC, Phone: 877-366-2213
