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916 MAGNOLIA DRIVE

Multi-family Active With Contract
$499,000

BTC: 7.60187387

ETH: 187.57847095

-$21K (2024/09/12)
33 days
6 bds
1,651 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. Welcome to a prime investment opportunity in the heart of Clearwater! This unique corner lot holds a Duplex in the front and a single back unit, offering three separate living spaces each with 2 bedrooms, 1 bathroom. The added convenience of an attached garage to the third unit provides extra appeal for potential renters. Separate electric and water meters for each unit, plenty of parking available for tenants and NO FLOOD ZONE!!! The property has a new roof installed in 2020, ensuring durability and peace of mind for years to come. Each unit's Florida Room provides a comfortable space to relax or entertain, making these homes particularly attractive to renters. The layout of the units not only maximizes rental income potential but also enhances privacy and comfort for residents. Property is tenant occupied, so please do not disturb tenants. Positioned just 10 minutes from the world-renowned Clearwater Beach and 15 minutes from Downtown Dunedin, this property offers a prime location that’s highly sought after by both long-term tenants and short-term vacationers. Whether you’re looking to capitalize on the booming short-term rental market or secure reliable long-term tenants, this property is a stellar choice for savvy investors. Don’t miss out on this opportunity to own a versatile and lucrative asset in one of Florida's most coveted areas!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
0.20 Acres
Heating:
Electric
Price/sqft:
$302
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Vinyl

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 152915592920030320

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

  • Other financial information

    • Annual tax amount: $3,461

  • Source details

    • MLS ID: U8254336

    Other facts

    • Construction Materials: Block / Wood Siding

    • Foundation Details: Crawlspace

    • Laundry Features: Washer Hookup

    • Lot Features: Corner Lot

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1651

    • Water Source: Public

    • Subdivision Name: MOUNT ORANGE REV

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC