About 916 Magnolia Drive
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!
Features of 916 Magnolia Drive
MLS® # | U8254336 |
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Price | $499,000 |
Bedrooms | 6 |
Bathrooms | 3.00 |
Square Footage | 1,651 |
Acres | 0.20 |
Year Built | 1950 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Pending |
Community Information
Address | 916 Magnolia Drive |
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Area | Clearwater/Belleair |
Subdivision | MOUNT ORANGE REV |
City | CLEARWATER |
County | Pinellas |
State | FL |
Zip Code | 33756 |
Amenities
# of Garages | 1 |
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Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Ceiling Fans(s) |
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Appliances | Built-In Oven, Refrigerator |
Heating | Electric |
Cooling | Central Air |
Fireplace | No |
Exterior
Exterior Features | Sidewalk |
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Lot Description | Corner Lot |
Roof | Shingle |
Foundation | Crawlspace |
Additional Information
Date Listed | August 22nd, 2024 |
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Days on Market | 35 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | LPT REALTY, LLC |
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