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612 S LINCOLN AVENUE

Multi-family For Sale
$499,000

BTC: 7.79687500

ETH: 277.22222222

60 days
5 bds
1,720 sqft

Overview

Don't pass this up! Here is a rare investment opportunity for a duplex in Clearwater, Florida. This solidly built block structure is in an X flood zone, though a small corner of the property is in an AE zone. This duplex features two large dwellings, a three bedroom, and a two bedroom. Both units have been updated with pristine and durable tile floors, new kitchen and bathroom cabinets, stone counters, and stainless steel appliances. Each unit also has their own laundry room with ample room for extra storage. Proforma rents are $1,500 and $1,800 for the 2/1 and 3/1 respectively. Hurry up and don't let this 6.9 CAP Rate property slip by.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1963
Lot:
0.15 Acres
Heating:
Electric
Price/sqft:
$290
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$517,000
$444K – $594K
Confidence Low
List vs. estimate
$18K below estimate
List $499,000 · -3.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$290
-0.2% vs. city median $290
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,591
2025
Pets
Allowed
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Kitchen/Family Room Combo

    • Stone Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Exterior Features: Private Mailbox

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 152915510660000120

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,591

  • Source details

    • MLS ID: TB8493976

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Living Area: 1720

    • Water Source: Public

    • Lot Size Dimensions: 84 x 76

    • Subdivision Name: LEMBO SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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 ©2026-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: DALTON WADE INC