UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,276 sqft
Price per Sqft $296
Subdivision Milton Park
MLS Listing ID TB8505654
Bedrooms 2
HOA Y/N No
Year Built 1946
Annual Tax Amount $3,975
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 83x127
Property Sub-Type Duplex
Source Stellar MLS
Property Description
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.
Location
State FL
County Pinellas
Community Milton Park
Area 33756 - Clearwater/Belleair
Interior
Interior Features Thermostat
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Fence, Rain Gutters, Sidewalk
Utilities Available Cable Available, Electricity Available, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8505654
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