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Jon Nightingale

jon.nightingale@exprealty.com +1(309) 431-1417

$ 338,800

Est. payment | -/mo

4 Beds

2 Baths

2,160 SqFt

Save

$ 338,800

Est. payment | -/mo

Save

4 Beds

2 Baths

2,160 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $156

Subdivision Hibiscus Gardens

MLS Listing ID TB8536909

Bedrooms 4

Construction Status Fixer

HOA Y/N No

Year Built 1957

Annual Tax Amount $1,344

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 59x105

Property Sub-Type Duplex

Source Stellar MLS

Property Description

A Rare High-Appreciation Investment Opportunity in Downtown Clearwater! This property is located in a prime downtown location, with no HOA , in a Flood Zone X. This is a two-story duplex. Each unit is approximately 1,080 sq ft and includes 2 bedrooms and 1 bathroom. There is also a detached garage of approximately 300 square feet next to the main building. At present, the major preliminary work for the permit application has already been completed. The seller has obtained a complete set of architect-prepared permit drawings covering the entire property. The plans include a complete redesign and renovation of the existing two residential units, as well as the conversion of the detached garage into a third residential unit. In addition to completing the drawings required for the permit application, the seller has invested a significant amount of time and money in the preliminary preparation work, including removing the ceilings and flooring, demolishing the kitchens and bathrooms, clearing the backyard and repairing the fence, and professionally removing and trimming large trees affecting the property. Multiple large roll-off dumpsters were used to remove construction debris and other materials. The next owner will not need to start from scratch and can proceed directly with the permit application and renovation. Except for the roof (replaced in 2014), every other part of the property requires a complete renovation. Once the proposed renovation plan is completed, the property is expected to become a newly renovated triplex with approximately 2,460 sq ft of living space. Its resale value is expected to be significantly higher than comparable properties currently on the market. This property is ideal for contractors, renovation buyers, or owner-occupants seeking a property with strong long-term potential.

Location

State FL

County Pinellas

Community Hibiscus Gardens

Area 33756 - Clearwater/Belleair

Rooms

Other Rooms Family Room

Interior

Interior Features Other

Heating None, Wall Furnace

Cooling None

Flooring Other

Fireplaces Type Family Room

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Fence, Sidewalk

Garage Spaces 1.0

Utilities Available Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

View Y/N No

Water Access No

View City

Roof Type Membrane

Porch Covered, Front Porch, Porch

Attached Garage true

Garage true

Private Pool No

Building

Lot Description City Limits, Sidewalk, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Construction Status Fixer

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Other, VA Loan

Listing Terms Cash, Conventional, FHA, Other, VA Loan

Special Listing Condition None

Listed by Jonathan Minerick HOMECOIN.COM

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(309) 431-1417

jon.nightingale@exprealty.com

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1216 FRANKLIN CIR Clearwater, FL 33756