New Listing - 05/05/2025

$533,000 ($324.21 per sqft)

Est. Mortgage $2,730/mo *

Quick Pre-Approval

1260 PALMETTO STREET, Clearwater, FL, 33755

1260 PALMETTO STREET, Clearwater, FL, 33755

0 beds

1953

1,644 sqft

Turnkey duplex opportunity in the heart of Clearwater! Located directly across from the Clearwater Country Club and golf course, 1260 Palmetto St features two 3-bedroom, 1-bath units, each renting at $1,650/month with tenants covering their own utilities. (Value of washer/dryer hookups was not added to rent at time of leasing, providing an opportunity for potential rent increases after lease renewals). Separate electric meters, BOTH units recently renovated, new appliances in both units, washer/dryer hookups, and private backyard patios enhance tenant appeal. A storage shed offers added utility. Both AC units are older but functional, and the roof was recently updated in 2023 (buyer to verify). Just 13 minutes to the powdery sands of Clearwater Beach — a world-famous destination offering top-rated hotels, shops, restaurants, and vibrant entertainment. Downtown Clearwater’s cultural attractions and major medical centers are also close by. With immediate income and potential for future value-add, this property is perfect for investors seeking strong returns in a high-demand area. Recent appraisal done- $530,000. PLEASE DO NOT BOTHER TENANTS for anything. Lease for 1260 is through 4/26 and 1262 is 12/25.


Status:

Active

Type:

Multi-family

Furnished Remarks:

Unfurnished

Laundry Remarks:

Other, Outside

Units:

2

Subdivision:

FAIR BURN ADD

Garage:

Covered, Driveway, Ground Level

Heating:

Central

Cooling:

Central Air

Lot Size:

73 x 125

Acreage:

0.21

Est. Taxes:

$5,305

Construction

Block, Wood Frame

Utilities

Cable Available, Electricity Connected, Water Connected

Lot Description:

Near Golf Course, Near Public Transit, Sidewalk

Days on Market:

1

Appliances:

Range, Refrigerator

MLS #:

TB8377405


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX Metro Phone: 727-896-1800