916 Magnolia Drive, Clearwater, FL 33756

$415,000
6
BD
3
BA
1,651
SqFt

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Sold Price
$415,000
List Price
$499,000
Status
Sold
Days on Market
33
Closing Date
Nov 20, 2024
MLS#
U8254336
Property Style
Triplex
Year Built
1950
Bedrooms
6
Bathrooms
3
Living Area
1,651
Lot Size
8,729
Acres
0.20
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Mount Orange Rev
MLS Area Major
Clearwater/Belleair

Property Description

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!

Additional Information

Taxes
$3461
Location
Corner Lot
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Carpet, Vinyl
Appliances
Built-In Oven, Refrigerator
Utilities
Cable Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block, Wood Siding
Exterior Features
Sidewalk
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Pets
Allowed
Flood Zone Code
X
Parcel ID
15-29-15-59292-003-0320
Legal Description
MOUNT ORANGE REVISED BLK C, LOTS 32,33 AND 34

Listing courtesy of LPT REALTY, LLC.

Selling Office: LPT REALTY, LLC.

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