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About this home
522 Florida Ave is a 1957-built home in Suburb Beautiful, Clearwater. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,663 square feet of living space. Listed at $449,995 (about $271/sqft), 46 days on market. Flood zone AB - confirm flood insurance requirements with your lender.
Rare investment opportunity. Currently available, a beautifully updated duplex in the heart of Clearwater offering an exceptional opportunity for owner-occupants alike. The leases are currently month-to-month, providing flexibility for the new owner. This building would make a great short term vacation rental because of the short drive to the crystal blue waters of Clearwater beach. The property rents quickly if one becomes available because of the location and attractive street that it is on. Unlike many rental properties, this well-maintained building is situated on a charming street lined with attractive homes featuring manicured lawns and pride of ownership is seen throughout the neighborhood. A recently newly constructed home on the street further enhances the area’s appeal and value. Predetermined market rents are gross 39,000 for current listing or 78,000 for both buildings. The property features updated kitchens and bathrooms, including stone countertops, modern cabinetry, and stylish finishes throughout. One unit offers a spacious one-bedroom, one-bath layout with an extra enclosed room that is ideal for a home office, dining area, hobby room, or a small closet could be added for bedroom, making it a 2 bedroom unit. All units have durable ceramic tile throughout. The large kitchen is equipped with modern appliances and includes a generous full pantry with a door, providing abundant storage and functionality. New hot water heater recently installed. Newer breaker boxes were all updated several years ago. Water and power are separate for all units and paid by the tenant. Ideally located just a short drive from Clearwater’s world-famous beaches, this property enjoys strong rental demand and a proven history of consistent occupancy. The 16 year owner can provide a long track record of successful consistent tenant rentals, making this an attractive addition to any investment portfolio.
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$449,995
$271 per sq ft
Beds and baths
4 beds, 2 baths
Size
1,663 sq ft
Time on market
46 days
Year built
1957
Monthly payment
About $2,814/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,907 annual tax bill, insurance.
Flood zone
Zone AB
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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