$415,000
$499,000
16.8%For more information regarding the value of a property, please contact us for a free consultation.
916 MAGNOLIA DR Clearwater, FL 33756
6 Beds
3 Baths
1,651 SqFt
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,651 sqft
Price per Sqft $251
Subdivision Mount Orange Rev
MLS Listing ID U8254336
Sold Date 11/20/24
Bedrooms 6
HOA Y/N No
Originating Board Stellar MLS
Year Built 1950
Annual Tax Amount $3,461
Lot Size 8,712 Sqft
Acres 0.2
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!
Location
State FL
County Pinellas
Community Mount Orange Rev
Rooms
Other Rooms Florida Room
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace false
Appliance Built-In Oven, Refrigerator
Laundry Washer Hookup
Exterior
Exterior Feature Sidewalk
Garage Spaces 1.0
Utilities Available Cable Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Corner Lot
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Wood Siding
New Construction false
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing, VA Loan
Listing Terms Cash, Conventional, Owner Financing, VA Loan
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with LPT REALTY, LLC