916 MAGNOLIA DR Pending

Clearwater,FL 33756

$ 499000

6 Beds

3 Baths

1651 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,651 sqft

Price per Sqft $302

Subdivision Mount Orange Rev

MLS Listing ID U8254336

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

Under contract-accepting backup offers. 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

Waterfront false

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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