Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
2,512
INVESTOR SPECIAL — fully remodeled TRIPLEX plus rentable RV pad on an oversized 0.37-acre double lot in unincorporated Pinellas County: no HOA, and short-term rentals ARE permitted. Income starts the day you close — an occupied unit paying $1,850/month plus the seller's offered 12-month leaseback at $1,550/month puts $3,400/month in place at closing, before a single new lease is signed. The rest of the upside is yours to switch on: the recently vacant 2/1 (last rented July-2027 for $1,700) is rent-ready against a $2,020 HUD Fair Market Rent, the occupied unit sits 28% below its $2,580 FMR, and the RV pad adds about $900/month once simple power and water hookups are completed. Fully leased, scheduled rents reach about $7,050/month ($84,600/year) — pro forma NOI of approximately $61,600/year, an 8.8% cap rate at list price. The heavy lifting is done: roof 2018 and solar 2021, both permitted on public record, plus fully remodeled interiors — tile floors, updated kitchens with granite island, updated baths — across two concrete-block buildings, 2,512 heated SF. Three self-contained units (a 2BR plus bonus room where one closet creates a legal third bedroom, and two 2/1s), each with central A/C and separately metered water and electric — tenants pay their own utilities. Total remaining scope roughly $0–10K: add the closet and barn door that finish the bonus room as a true third bedroom — making that unit a genuine 3/1 — and complete the simple power and water hookups for the RV pad. Minutes from US-19, St. Pete–Clearwater International Airport, downtown Clearwater, and the Gulf beaches, with deep rental demand across every strategy: buy-and-hold, DSCR buyers, house-hackers living in one unit while the others pay the mortgage, short-term rental operators, or 1031 exchange. Some exterior photos were taken prior to the 2021 solar panel installation.
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Private Yard, RV Hookup
-
Parking
Parking Pad, RV Access/Parking
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.37
-
Lot Size(square feet)
16,017
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$699,990
-
Tax Amount
$5,866.19
-
Sq. Footage
2,512
-
Price/SqFt
$278
HOA
-
Association
No
School District
-
Elementary School
High Point Elementary-PN
-
Middle School
Fitzgerald Middle-PN
-
High School
Pinellas Park High-PN
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
5
-
Water Source
Public
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Location
County
Pinellas
Elementary School
High Point Elementary-PN
Middle School
Fitzgerald Middle-PN
High School
Pinellas Park High-PN
Listing Courtesy of Carissa White , DALTON WADE INC
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