Price Reduced 4.04%
Price History
$520,000
8/22/2024
$499,000
9/12/2024
916 Magnolia DRIVE, Clearwater, FL, 33756
6 beds
1950
1,651 sqft
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!
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Washer Hookup
Units:
3
Subdivision:
MOUNT ORANGE REV
Garage:
1-car
Heating:
Electric
Cooling:
Central Air
Acreage:
0.2
Est. Taxes:
$3,461
Construction
Block, Wood Siding
Utilities
Cable Connected
Lot Description:
Corner Lot
Days on Market:
33
Pet Policy:
Cats OK, Dogs OK
Appliances:
Built-In Oven, Refrigerator
MLS #:
U8254336
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of LPT REALTY, LLC Phone: 877-366-2213