Sarasota's Premier Homes

1260 PALMETTO STREET

CLEARWATER , FL 33755

MLS#: TB8377405

$523,000

Status: Active
Listing number: TB8377405
Listing provided by: RE/MAX METRO
Listing agent phone: None
Last update: 7 hours ago
On site: 2 months ago
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FAIR BURN ADD - Residential Income

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1953

Sq.Footage

1,644

FULL ROOF REPLACEMENT 7/25.Turnkey duplex opportunity in the heart of Clearwater! Located directly across from the Clearwater Country Club and golf course, 1260 Palmetto St features two 3-bedroom, 1-bath units, each renting at $1,650/month with tenants covering their own utilities. (Value of washer/dryer hookups was not added to rent at time of leasing, providing an opportunity for potential rent increases after lease renewals). Separate electric meters, BOTH units recently renovated, new appliances in both units, washer/dryer hookups, and private backyard patios enhance tenant appeal. A storage shed offers added utility. Both AC units are older but functional, and the roof was recently updated in 2023 (buyer to verify). Just 13 minutes to the powdery sands of Clearwater Beach — a world-famous destination offering top-rated hotels, shops, restaurants, and vibrant entertainment. Downtown Clearwater’s cultural attractions and major medical centers are also close by. With immediate income and potential for future value-add, this property is perfect for investors seeking strong returns in a high-demand area. Recent appraisal done- $530,000. PLEASE DO NOT BOTHER TENANTS for anything. Lease for 1260 is through 4/26 and 1262 is 12/25. FULL ROOF REPLACEMENT 7/25

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    No

  • Construction Materials

    Block, Frame

  • Other Exterior Features

    Storage

  • Parking

    Covered, Driveway

  • Patio and Porch Features

    Deck

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Near Golf Course, Near Public Transit, Paved

  • Lot Size(acres)

    0.21

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $523,000

  • Tax Amount

    5305.47

  • Sq. Footage

    1, 644

  • Price/SqFt

    $318

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    6

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Carolyn Gomez , RE/MAX METRO

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Agent MichaelGraf

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FULL ROOF REPLACEMENT 7/25.Turnkey duplex opportunity in the heart of Clearwater! Located directly across from the Clearwater Country Club and golf course, 1260 Palmetto St features two 3-bedroom, 1-bath units, each renting at $1,650/month with tenants covering their own utilities. (Value of washer/dryer hookups was not added to rent at time of leasing, providing an opportunity for potential rent increases after lease renewals). Separate electric meters, BOTH units recently renovated, new appliances in both units, washer/dryer hookups, and private backyard patios enhance tenant appeal. A storage shed offers added utility. Both AC units are older but functional, and the roof was recently updated in 2023 (buyer to verify). Just 13 minutes to the powdery sands of Clearwater Beach — a world-famous destination offering top-rated hotels, shops, restaurants, and vibrant entertainment. Downtown Clearwater’s cultural attractions and major medical centers are also close by. With immediate income and potential for future value-add, this property is perfect for investors seeking strong returns in a high-demand area. Recent appraisal done- $530,000. PLEASE DO NOT BOTHER TENANTS for anything. Lease for 1260 is through 4/26 and 1262 is 12/25. FULL ROOF REPLACEMENT 7/25

1260 PALMETTO STREET

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