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Description
Turnkey investment opportunity in Clearwater! This well-maintained multi-unit property at 708-712 Pennsylvania Ave features strong income potential with value-add upside. Two of the units have been fully remodeled, showcasing updated kitchens, modern bathrooms, new flooring, windows, water heater, and fresh interior finishes-making them highly attractive to tenants and ready for premium rents. The remaining unit offers an opportunity for further improvement and increased cash flow. The property sits on a spacious lot with ample parking and is conveniently located near downtown Clearwater, major highways, shopping, and the Gulf beaches. Whether you're looking to expand your rental portfolio or secure a stabilized asset with upside, this property checks all the boxes. Don't miss this chance to own a high-demand income-producing property in a growing market!
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.52 Acres
Roof Type: Shingle
Taxes: $3,371
Year Built: 1964
General Information
Bedrooms: 4
Sqft: 1,848
County: Pinellas
High School: Clearwater High-PN
Subdivision: PINE CREST
Listed By:
Gisselle Amparo
IMPACT REALTY TAMPA BAY
813-321-1200
MLS ID: TB8493023
Amenities
Ceiling Fans(s)
Other
Property Features
Annual Net Income: 48600.00
Days on Site: 4
Directions: Alt 19 N to East Drew to N Penn, or Alt 19 S to E Palmetto to S Penn
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.52
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Other
Water: Public
Water Access Y/N: No
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708-712 Pennsylvania Avenue , Clearwater, FL 33755.
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Estimated Payment
$ 2,076.52 per month $1,652.69 Principal & Interest $280.92 Property Tax $142.92 Homeowner's InsuranceChange Payment Information
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