1260 PALMETTO ST new

Clearwater,FL 33755

$ 533000

0 Bed

0 Bath

1644 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,644 sqft

Price per Sqft $324

Subdivision Fair Burn Add

MLS Listing ID TB8377405

Year Built 1953

Annual Tax Amount $5,305

Lot Size 9,147 Sqft

Property Sub-Type Duplex

Property Description

Turnkey duplex opportunity in the heart of Clearwater! Located directly across from the Clearwater Country Club and golf course, 1260 Palmetto St features two 3-bedroom, 1-bath units, each renting at $1,650/month with tenants covering their own utilities. (Value of washer/dryer hookups was not added to rent at time of leasing, providing an opportunity for potential rent increases after lease renewals). Separate electric meters, BOTH units recently renovated, new appliances in both units, washer/dryer hookups, and private backyard patios enhance tenant appeal. A storage shed offers added utility. Both AC units are older but functional, and the roof was recently updated in 2023 (buyer to verify). Just 13 minutes to the powdery sands of Clearwater Beach — a world-famous destination offering top-rated hotels, shops, restaurants, and vibrant entertainment. Downtown Clearwater's cultural attractions and major medical centers are also close by. With immediate income and potential for future value-add, this property is perfect for investors seeking strong returns in a high-demand area. Recent appraisal done- $530,000. PLEASE DO NOT BOTHER TENANTS for anything. Lease for 1260 is through 4/26 and 1262 is 12/25.

Location

State FL

County Pinellas

Community Fair Burn Add

Area 33755 - Clearwater

Zoning MLT FAM<10

Interior

Heating Central

Cooling Central Air

Flooring Tile,Vinyl

Laundry Other,Outside

Exterior

Exterior Feature Sidewalk,Storage

Parking Features Covered,Driveway,Ground Level

Community Features None

Utilities Available Cable Available,Electricity Connected,Water Connected

Roof Type Shingle

Building

Lot Description Near Golf Course,Near Public Transit,Sidewalk,Paved

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Frame

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8377405

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