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1379 S MARTIN LUTHER KING JR AVENUE

Multi-family For Sale
$445,000

BTC: 6.84615385

ETH: 233.88554850

54 days
5 bds
1,603 sqft

Overview

Nice property with Lake Bellevue across the street. A great park is also on the other side of the street. The Triplex is divided as follows: 3/1, 2/1, and a studio. It consists of three separate units: • Unit 1: 3 bedrooms, 1 bathroom — currently leased and occupied at $1,850 per month. • Unit 2: 2 bedrooms, 1 bathroom — leased and occupied at $1,800 per month. This unit has been recently remodeled. • Unit 3: Studio — leased at $1,100 per month. Conveniently situated between downtown Clearwater and Belleair, the property boasts a superb location facing Lake Belleview and is directly across from Ross Norton Recreation Center and Ed C. Wright Park. A short drive will take you to some of the best beaches in the US at Clearwater, Belleair Beach, Indian Rocks Beach to name a few. ***TENANT OCCUPIED, PLEASE DO NOT DISTURB TENANTS***

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1940
Lot:
0.12 Acres
Heating:
Electric
Price/sqft:
$278
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$387K – $802K
Confidence Low
List vs. estimate
$30K below estimate
List $445,000 · -6.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$277
+1.8% vs. city median $272
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,644
2025
All facts and features
  • Heating

    • Electric

    Cooling

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 222915489780060080

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $7,644

  • Source details

    • MLS ID: TB8516721

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: None

    • Living Area: 1603

    • Water Source: Public

    • Lot Size Dimensions: 50 x 103

    • Subdivision Name: LAKEVIEW HEIGHTS

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: MCPEAK REAL ESTATE FIRM