Clearwater Real Estate | Clearwater Multi-Family Homes for Sale

CASH OR HARD MONEY INVESTORS Welcome to your dream home in the heart of Downtown Clearwater, just a 5-minute drive from the pristine shores of Clearwater Beach. This property offers a perfect blend of charm, functionality, and investment potential. Nestled on the front of the lot is a delightful 3-bedroom, 2-bathroom bungalow-style home that is both move-in ready and bursting with character. The inviting living space features a cozy fireplace, creating a warm ambiance for family gatherings. The dining area seamlessly connects to a well-appointed kitchen, making meal preparation and entertaining a breeze. An oversized laundry room adds practicality to daily living. Two of the bedrooms share a convenient Jack and Jill bathroom, each with its own private entrance. The master bedroom, boasting its own bathroom, offers a unique opportunity for use as an efficiency, thanks to the home's dual metering system. As if that wasn't enough, venture to the back of the property, where a detached building awaits with 4 separately metered units. The first floor hosts two rentable units, while the second story mirrors this layout. Each unit comprises a well-designed 1-bedroom, 1-bathroom layout, complete with a full kitchen and comfortable living area. Two of the units are close to move-in ready, providing an immediate income stream. One unit awaits your finishing touches, allowing for personalization and increased value. Another unit offers an exciting renovation project, presenting an excellent opportunity for the savvy investor. The property's prime location ensures easy access to Clearwater Beach, offering the perfect blend of coastal living and urban convenience. Whether you're looking for a charming home with income potential or a smart investment opportunity, this Downtown Clearwater property is a rare find. Don't miss the chance to make it yours and unlock the full potential of this unique real estate gem. Call us or use ShowingTime to schedule a showing!

1009 Turner Street, Clearwater

$739,900

6 Beds ⋅ U8222595 MLS

" TRIPLEX !! DOWNTOWN CLEARWATER !! GATEWAY REDEVELOPMENT DISTRICT !! Charming and renovated Triplex. 3- 2 bedroom units with plenty of parking, and MOVE IN READY CONDITION !! Each unit has SEPARATE ELECTRIC AND WATER METERS !! And their own dedicated IN UNIT LAUNDRY ROOMS with WASHERS AND DRYERS INCLUDED !! The location is PERFECT !! Close proximity to Tampa International Airport, Downtown St. Pete, and only 7 minutes to WORLD FAMOUS CLEARWATER BEACH !! Unit A - approx 864 sq ft - 2/1 with patio on Betty Lane side, W/D closet. Unit B - approx 640 sq ft - 2/1, Laundry room, fenced patio on Betty Lane side. Unit C - approx 640 sq ft - 2/1, 2nd Level, W/D stack in laundry room. One block off Cleveland St., One block off Drew St.

1254 Grove Street, Clearwater

$399,000

T3488488 MLS

Amazing Duplex in beautiful Clearwater, Florida. This large side by side duplex has very long term tenants currently paying $1495 a month each, Each unit is 2 bedroom 1 bath. Both pay all utilities, Water meter and Electric meter are separated. They both have a month to month lease agreement, but would like to stay long term. Rents are currently below market value allowing new owner to immediately increase the rents. Block construction. Some cosmetic renovations may be needed if a potential buyer would like to eventually move into one of the units. To be sold as is and priced under market value for a quick sale

1353 Lakeview Road, Clearwater

$479,900

U8220599 MLS

Fantastic Income for this duplex. $6,000 per month for 2 separate buildings in Clearwater. Great Clearwater location close to downtown and the beaches and new entertainment complex.

1044 N Madison Avenue, Clearwater

$600,000

5 Beds ⋅ U8219585 MLS

Large Duplex steps from Clearwater Harbor - Front unit is a vacant 3/2 with laminate flooring throughout, washer/dryer hookup and a wood-burning fireplace. The rear unit is a 2/2 with tile and laminate flooring, and private patio with mature Florida landscaping. Rear unit is currently owner-occupied. By adding a non-load bearing wall, the 2/2 could be easily converted to a 3/2 as well, making it 2- 3/2's, and increasing rents exponentially !! Open parking - plenty of space!! Waterfront park on the corner overlooking Clearwater Harbor, close to Downtown Clearwater and Downtown Dunedin. Property can easily be converted to one large home on a street where several homes are being refurbished and updated. High and Dry - No Flood Insurance! Based on current rent values, this opportunity is a no-brainer !! *** Click on virtual tour for drone footage !!***

315 Pleasant Street, Clearwater

$615,000

5 Beds ⋅ U8217454 MLS

GREAT INVESTMENT OPPORTUNITY! This unique corner lot is located minutes from downtown clearwater and 10 minutes to the word famous Clearwater Beach! The double lot has two single family houses both with privately fenced yards and parking areas. Both kitchens and bathrooms and floors are updated. Per permitting records, the roofs were done in 2022. The front house has a 2018 air conditioner unit. The second house has a mini split as well as an additional wall unit in one bedroom. The gross income is $4K per month and is is fully rented month to month giving the new owners options to re-sign a year lease with the tenants or empty the units out for their own purposes. The water and power is separately metered with tenants paying for their own utilities. Front house is 901 Vine Ave, Clearwater. Back house is 901 1/2 Vine Ave, Clearwater. Please do not contact or bother the tenants.

901 Vine Avenue, Clearwater

$560,000

4 Beds ⋅ T3479584 MLS

LOCATED within minutes of the NUMBER 1 BEACH in the Country! This Phenomenal block structure, Cash Flow and Investment Opportunity with the ability to expand or start your investment portfolio is the ideal investment. The well updated triplex is an investors cash flow opportunity to diversify with a (LICENSED) SHORT TERM and long term rentals on one property. The current property is being sold with a fully furnished licensed short term rental unit and has the ability for continued use as an AIR BnB / VRBO (Short Term Rental). This property is less then 4.5 miles to Clearwater Beach (A TOP RANKED BEACH in the the COUNTRY and STATE of Florida) and Downtown Clearwater making this an ideal location for both short term rental income and long term tenants seeking commuting convenience for entertainment and work. With the beautifully renovated front unit and move in ready 2nd and 3rd unit an investor can capitalize on profits! For those looking to house hack and live in a home while allowing 2 other tenants to rent out the property this is your opportunity to make your move and have someone else pay your cost of living. With access to Clearwater Beach, Downtown St. Pete or Tampa, and a short term rental license with the ability to maintain longterm tenants as well this is a rare investment opportunity. This multifaceted, multi-family zoned property will be ideal addition to any investors rental portfolio, or starting point to develop a portfolio over time.

1455 Drew Street, Clearwater

$520,000

T3477619 MLS

Nestled in the heart of the vibrant coastal community of Clearwater, Florida, this remarkable triplex presents a unique opportunity for both investors and homeowners seeking an idyllic slice of paradise. With its prime location, spacious layout, and potential for rental income, this property embodies the essence of Florida living at its finest. **Key Features:** 1. **Prime Location:** Situated in the highly sought-after city of Clearwater, this triplex enjoys the benefits of Florida's year-round sunshine and easy access to some of the world's most renowned beaches. Clearwater Beach, with its sugar sands and azure waters, is just a short drive away, making it a perfect destination for relaxation and leisure. 2. **Investment Potential:** With three individual units, this triplex offers an outstanding opportunity for generating rental income. Whether you're an investor looking for a reliable income stream or a homeowner seeking to offset your mortgage, this property's income potential is a significant selling point. 3. **Spacious Layout:** Each of the three units boasts a generous floor plan designed for comfortable living. High ceilings, abundant natural light, and open living spaces create an inviting atmosphere that residents will adore. 4. **Modern Amenities:** The triplex has been updated with modern amenities to ensure a comfortable and convenient lifestyle. Upgraded kitchens, modern appliances, and stylish finishes make these units move-in ready for tenants or homeowners. 5. **Outdoor Oasis:** A well-maintained outdoor space provides residents with the opportunity to enjoy Florida's outdoor lifestyle. Whether it's relaxing on the patio, barbecuing with friends, or simply basking in the sun, the outdoor area adds value to this already exceptional property. 6. **Local Attractions:** Clearwater is renowned for its thriving cultural scene, excellent dining options, and a myriad of outdoor activities. From boating and fishing to art galleries and music festivals, there's always something exciting happening in the area. 7. **Convenient Access:** Clearwater offers excellent connectivity, with Tampa International Airport just a short drive away. Additionally, the property's location provides easy access to major highways, making it convenient to explore the entire Tampa Bay area. Don't miss this chance to own a piece of paradise in Clearwater, Florida. Whether you're looking for a lucrative investment or a spacious home with rental income potential, this triplex is a rare find that embodies the essence of the Florida lifestyle. Act quickly, as properties like this are in high demand in this thriving coastal community. Schedule a viewing today and experience the allure of Clearwater living for yourself!

1402 N Garden Avenue, Clearwater

$485,000

4 Beds ⋅ U8216184 MLS

LOCATION,LOCATION, GREAT LOCATION right off of Belcher in a WELL MANICURED NEIGHBORHOOD. Newer WINDOWS AND DOORS. HUGE BACK YARD and this is a money maker , the owner rents rooms and they share the bathroom in each unit

2217-2219 Norman Drive, Clearwater

$750,000

6 Beds ⋅ T3475796 MLS

Income producing property! This complex features 6, 1bed/1bath units. All six units are currently rented on a month-to-month. Separate electric meters for each unit. Landlord currently pays water bill. Property is currently under management and repair/upgrade list is available on request.

715 16th Avenue Nw, Clearwater

$735,000

U8215471 MLS

TOTALLY RENNOVATED THREE STORY BEAUTY in Pinellas Groves! New Flooring, New Roof, New Paint Inside., New Paint Outside, New Appliances, New Washers and Dryers, New Electrical, Updated Plumbing, New HVAC units ( one for each floor), New Garage Doors, New Hurricane Impact Windows and Doors, and New Solid Core Bedroom Doors! This unique property offers something for everyone! Looking for rental income? Want a multi-generational home? This is the ONE! Each floor is designed to be an independent living space. The first floor has a separate rear entrance and patio area. Two bedrooms and one bath, full kitchen with stainless appliances and quartz counters, living room and large laundry room with storage space. The bath has custom tiles, matching quartz counters and a walk-in shower. Access to the oversized two car garage is also on the first floor. The second floor has a roomy front porch area with teak flooring opening into a spacious two bedroom, two bath home. The kitchen has an eat-in space, quartz counters, stainless appliances, new cabinets, and room to create culinary delights! A formal dining area, living room and laundry room complete this floor. The master bedroom boasts a large walk in closet with built-in shelving and en-suite bath. The back porch offers views of the fenced yard and the spiral staircase to the third-floor tree top oasis. With vaulted ceilings and a front porch this space is complete with a full bath, kitchen area and plenty of room to call this a grand retreat! Want some time to recharge? Relax on the private porch in your swings and enjoy a cool tropical breeze. This home has been renovated from top to bottom and every detail tended to! Want more? The driveway and extra wide lot allow for RV, Boat, or Toys to be stored easily. Roof 2023, HVAC (3) 2022, Impact Windows and Doors 2022, Tented 2023 with transferable warranty, Easy and close access to award winning beaches, St Pete Airport and Tampa International airport, dining, entertainment, shopping! This property has it all!

4880 163rd Avenue N, Clearwater

$489,500

U8214704 MLS ⋅ 702a, 702b, 704 Patterson St BLDG.

Great location, close to Dunedin, Downtown Clearwater, St.Pete and both Clearwater beach and Indian Rocks Beach. Large detached single family and a duplex for in laws or rental income. Perfect for first time home buyers and or investors looking for a solid return on investment. Main home 2 bedrooms one bath, large attic space for storage or perhaps an artist studio? Wood floors , fireplace and formal dining room , spacious kitchen and a rear enclosed porch offering loads of opportunity for a 3 rd bedroom and 2nd bath. Property is Commercially Zoned which ends itself to future development considerations. Separate duplex is comprised of a nicely sized one bedroom, one bath unit, rear unit is a quaint efficiency . New Roof on main home and the exterior was recently professionally painted.

704 Patterson Street Unit 704, Clearwater

$375,000

T3474124 MLS

Expand your real estate portfolio with this income-producing duplex in Clearwater very close to the top rated beaches in Florida. Recent updates throughout, 1 bed/1 bath units, separately metered, outdoor parking. Roof updated in 2016. Have some peace of mind with very little maintenance needed making this a great add for any investor! Don't miss out, schedule a viewing now!

1151 Lasalle Street, Clearwater

$574,900

U8214079 MLS

This well-appointed commercial space is ideally located in central Clearwater, a short drive from beaches, world class hospitals, Downtown Clearwater and all of its venues, and easy access to Gulf-to-Bay Blvd and Missouri Ave. The building is currently appointed for residential rental with a full kitchen, 2 full bathrooms, 4 bedrooms, a laundry/utility room, and 2 sitting rooms. The building could easily be converted into a single or dual office, with plenty of parking. Unit is vacant, but units are expected to rent for 1500/1800 a month. Call and schedule your showing of the building today.

612 S Lincoln Avenue, Clearwater

$549,000

4 Beds ⋅ U8213905 MLS

A Turnkey Corner Lot Block Duplex each unit offering a one Car Garage and Private Backyard located in one of the most Highly Desirable Locations in Clearwater! This Duplex is one of the best finds! Asphalt Roof was replaced in 2021, One Side HVAC unit was also replaced in 2021, newer plumbing, most of the windows have been upgraded. Each unit is very Cozy tastefully remodeled- offering Beautiful Tile Flooring throughout, updated kitchens, bathrooms and so much more. Both units offer Private fenced Backyard with new landscaping. Each unit comes with a private Garage and Washer and Utility/Storage Room. The current owners have taken execellent care of the property! You will have nothing to do execept collect Rent! Ideally located only minutes to Clearwater Beach, Shoppings, Great Schools, Parks, Hospitals and So much More!! Call today to make this yours!

1000 Amble Lane, Clearwater

$1,900,000

11 Beds ⋅ U8212515 MLS

INVESTMENT OPPORTUNITY... FORMER 10-ROOM ASSISTED LIVING FACILITY IN CENTRAL CLEARWATER ON LARGE 1.1 ACRE ESTATE WITH SCREEN ENCLOSED POOL AND SEPARATE 2-BEDROOM, 1-BATHROOM GUEST HOUSE!! Enjoy the elegance and grandeur of this remarkable estate that served as an assisted living facility for over 20 years before being turned into a nearly 5000 SqFt single family residence with a separate 1300 SqFt guest house on this well-manicured estate. Ideal for investors, the main residence is ready to be returned to its former glory as an assisted living facility or converted into any number of permissible uses including as a bed & breakfast, residential community home, day care facility, lodge or grade school. With ample space for many uses, this 11-bedroom, 11-bathroom estate is conveniently located to near the intersection of Keene Rd & Sunset Pt Dr and is just a short drive from Countryside Mall, downtown Dunedin, downtown Clearwater and minutes from the Clearwater Airpark. CALL TODAY TO SCHEDULE YOUR PERSONAL TOUR OF THE GROUNDS.

1845 N Keene Road, Clearwater

$565,000

U8211106 MLS

Welcome to this fully remodeled investment property located near Downtown Clearwater area. This property comprises three separate units, and each one has been completely remodeled. Upgrades include brand new roofs, AC/splitter units for optimal climate control, tile flooring, and kitchen cabinets with granite countertops. The interior and exterior have been freshly painted. All units are in a long-term leased. Offering an immediate return on investment! This property presents a fantastic opportunity to generate rental income in a prime location with the hard work of renovations already completed. Don't miss out on this turnkey investment gem!

1529 Sadlon Avenue, Clearwater

$565,000

U8211105 MLS

Welcome to this fully remodeled investment property located near Downtown Clearwater area. This property comprises three separate units, and each one has been completely remodeled. Upgrades include brand new roofs, AC/splitter units for optimal climate control, tile flooring, and kitchen cabinets with granite countertops. The interior and exterior have been freshly painted. Currently, one unit is leased, offering an immediate return on investment, while the other two units are primed and ready for new tenants. This property presents a fantastic opportunity to generate rental income in a prime location with the hard work of renovations already completed. Don't miss out on this turnkey investment gem – seize the opportunity today!

1527 Sadlon Avenue, Clearwater

$1,999,500

U8210455 MLS

Included in the 1114 Wyatt Street price is a package of 4 adjacent properties with the addresses being 1114,1116,1118 ,1122 and 1128 Wyatt Street on 1.97 acres with 7 rental units of combined 8,751 Sq. Ft. heated area and 371 Ft combined street frontage. Price correction from $1,199,000 was due to error in input on list ng the price was recently reduced from $2,199,000 where the price input error occurred but now corrected to $1999.950 The yearly actual gross income is $198,000 with actual annual net income of $157,877 providing a great return. All tenants are on leases except 1116 on month to month. Property is located at border of City of Clearwater and City of Largo. Do not go on property or bother tenants.

1114 Wyatt, Clearwater

$788,000

3 Beds ⋅ U8209507 MLS

REDEVELOPMENT OPPORTUNITY !! Over 1/2 Acre in the City of Clearwater !! CLEAN, WELL MAINTAINED DUPLEX is on level ground, and is currently earning almost $40k in income !! Separate water and electric meters !! Plenty of room for additional outdoor boat and trailer storage, including an outdoor storage building that is 416 Square Feet !! Zoning will allow up to 18 units !! (Code for the Downtown Gateway District is 35 units per acre, up to 45 feet high). If you duplicate what is directly next door, which sold 9/22 for $3,060,000, you could earn market rates as an apartment building which would be $338,400 gross annually !! Close to Downtown Clearwater, and the newly redeveloped Cleveland Street Corridor !! And only 8 minutes to World Famous Clearwater Beach !! Both units are occupied with quality tenants. Please do not disturb.

105 N Lady Mary Drive, Clearwater

$439,900

T3425669 MLS

Nice property with Lake Bellevue across the street. A great park is also on the other side of the street. The Duplex is divided as follows: 3/1, 2/1, and a studio. The 3/1 is occupied staring in May 2023 with a 2 year lease. Rented for $1550 monthly, the 2/1 has a 5 year lease, currently on its 3rd year (Ends May 2025) for $1,150 monthly, the studio has been leased for 12 months starting 10/1/2022 for $900 a month. Just a short 10 minutes ride to the powdery fine sands of famous Clearwater Beach, rated #1 beach for many years and a hot tourist destination. ***TENANT OCCUPIED, PLEASE DO NOT DISTURB TENANTS***

1379 S Martin Luther King Jr Avenue, Clearwater

Clearwater Multi-Family Properties for Sale

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