Residential Income in CLEARWATER

$699,990

15501 61ST, 33760, CLEARWATER, FL

Residential Income for sale in CLEARWATER, 15501 61ST, 33760, 2512 m²

15501 61ST, 33760, CLEARWATER, FL

$699,990

7Bed
3Bath
2512
Type: Residential Income

Description

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.

Location

15501 61ST, 33760, CLEARWATER, FL

Data

Object TypeResidential Income
Purchase Price$699,990
Living Space2512 m²
Plot Size1488.03 m²
Bathrooms3
Construction Year1956
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1956
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

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Real Estate Agent