15622 59th St. & 5901 Crestmont St/Ave Street N, Clearwater, FL 33760

$700,000
3,318
SqFt

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Sold Price
$700,000
List Price
$750,000
Status
Sold
Days on Market
22
Closing Date
Apr 21, 2025
MLS#
TB8353116
Property Style
Quadruplex
Year Built
1974
Living Area
3,318
Lot Size
11,977
Acres
0.26
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Four Pines
MLS Area Major
Clearwater

Property Description

Prime Investment Opportunity – Duplex in Central Pinellas County A rare opportunity to own (2) solid, well-maintained duplexes in the heart of Pinellas County! Built in 1974 and owned by the same meticulous owner since construction, these (2) masonry-built duplexes offer in 15622 59 St N.. 1,926 square feet of heated living space, plus individual laundry rooms for each unit with washer and dryer hookups and 1392 SF in 5901 Crestmont St/Ave. This property has a consistent rental history with zero vacancies—a testament to both its desirability and unbeatable location. The current rents are significantly below market value offering immediate upside potential for investors. Key Features: • Masonry construction with shingle roof, meticulously maintained • Individually attached laundry rooms for both units • Zoned properly and not in a flood zone—never experienced flooding • Prime location—just one block off a major road, with quick access to Clearwater, St. Petersburg, and Tampa via the nearby interstate • Steady cash flow & long-term tenants—never a vacancy • Option to purchase an adjacent duplex for a larger portfolio investment Additionally, the seller is listing seven more rental units on Morgan Street, just a block away, with the same excellent rental history and below-market rates. This is a fantastic opportunity to acquire a well-performing portfolio of investment properties in a high-demand rental market. Don’t miss this chance to step into an investment with immediate equity potential. Whether purchasing this duplex alone or as part of a larger portfolio, this is a rare find in today’s market! Contact us today for more details or to schedule a showing!

Additional Information

Taxes
$7084
Minimum Lease
1-2 Years
Annual Gross Income
44400
Location
Paved, Unincorporated
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-4
Interior Layout
Other
Interior Features
Other
Floor
Carpet, Ceramic Tile, Vinyl
Appliances
Range, Range Hood, Refrigerator
Utilities
Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
High Point Elementary-Pn
Middle School
Fitzgerald Middle-Pn
High School
Pinellas Park High-PN
Flood Zone Code
X
Parcel ID
32-29-16-29250-001-0160
Legal Description
FOUR PINES BLK 1, LOT 16 (Parcel #32-29-16-29250-001-0160) and FOUR PINES BLK 1, LOT 17 (Parcel #32-29-16-29250-001-0170)

Listing courtesy of BRODERICK & ASSOCIATES INC. 727-544-1403

Selling Office: STONEBRIDGE REAL ESTATE CO.

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