Contact Jim Tacy
Schedule A Showing
1379 Martin Luther King Jr Avenue, CLEARWATER, FL 33756
Priced at Only: $449,000
For more Information Call
Mobile: 352.279.4408
Address: 1379 Martin Luther King Jr Avenue, CLEARWATER, FL 33756
Property Photos
Property Location and Similar Properties
- MLS#: TB8447196 ( Residential Income )
- Street Address: 1379 Martin Luther King Jr Avenue
- Viewed: 66
- Price: $449,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1940
- Bldg sqft: 0
- Bedrooms: 5
- Total Baths: 3
- Days On Market: 42
- Additional Information
- Geolocation: 27.9469 / -82.7914
- County: PINELLAS
- City: CLEARWATER
- Zipcode: 33756
- Subdivision: Lakeview Heights

- DMCA Notice
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DescriptionTriplex Investment Opportunity in a prime location between downtown Clearwater and Belleair This rare triplex presents a cash flow opportunity for investors. Conveniently situated between downtown Clearwater and Belleair, the property boasts a superb location facing Lake Belleview and is directly across from Ross Norton Recreation Center and Ed C. Wright Park. A short drive will take you to some of the best beaches in the US at Clearwater, Belleair Beach, Indian Rocks Beach to name a few. The triplex is currently fully rented and ready for a new owner to benefit from its steady income with a CAP rate of ~8.7 calculated with the current rents, expenses and the asking price. It consists of three separate units: Unit 1: 3 bedrooms, 1 bathroom currently leased and occupied at $1,700 per month. Unit 2: 2 bedrooms, 1 bathroom leased and occupied at $1,800 per month. This unit has been recently remodeled. Unit 3: Studio leased at $1,100 per month. Recent Property Updates Roof replaced in 2021 A/C replaced in 2021 Contact your agent today to schedule a showing! Appointment Only ***Do Not Disturb Tenants**
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
- Wall/Window Unit(s)
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Other
Garage Spaces
- 0.00
Heating
- Electric
Insurance Expense
- 0.00
Interior Features
- Other
Legal Description
- LAKEVIEW HEIGHTS BLK F
- LOT 8
Living Area
- 1603.00
Area Major
- 33756 - Clearwater/Belleair
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 22-29-15-48978-006-0080
Property Type
- Residential Income
Roof
- Shingle
Sewer
- Public Sewer
Tax Year
- 2024
Tenant Pays
- Electricity
Township
- 29
Views
- 66
Water Source
- Public
Year Built
- 1940
- Jim Tacy, Broker
- Tropic Shores Realty
- Mobile: 352.279.4408
- Office: 352.556.4875
- tropicshoresrealty@gmail.com
















