Heather Jaxheimer-Mills
BEDS4
BATHS
SQUARE FEET1,848
MLS#TB8493023
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPINE CREST
Property Description
Turnkey investment opportunity in Clearwater! This well-maintained multi-unit property at 708-712 Pennsylvania Ave features strong income potential with value-add upside. Two of the units have been fully remodeled, showcasing updated kitchens, modern bathrooms, new flooring, windows, water heater, and fresh interior finishes-making them highly attractive to tenants and ready for premium rents. The remaining unit offers an opportunity for further improvement and increased cash flow. The property sits on a spacious lot with ample parking and is conveniently located near downtown Clearwater, major highways, shopping, and the Gulf beaches. Whether you're looking to expand your rental portfolio or secure a stabilized asset with upside, this property checks all the boxes. Don't miss this chance to own a high-demand income-producing property in a growing market!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.52 Acres
Roof Type: Shingle
Taxes: $3,371
Year Built: 1964
Amenities
Ceiling Fans(s)
Other
Feature Descriptions
Annual Net Income: 48600.00
Days on Site: 17
Directions: Alt 19 N to East Drew to N Penn, or Alt 19 S to E Palmetto to S Penn
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.52
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Other
Water: Public
Water Access Y/N: No
Local Schools
High School: Clearwater High-PN
Middle School: Dunedin Highland Middle-PN
Elementary School: Sandy Lane Elementary-PN
Listed By / Shown By
Listed By
Agency Name: IMPACT REALTY TAMPA BAY
Agency Contact: 813-321-1200
Shown By
Agent Name: Heather Jaxheimer-Mills
Agent Phone: Cell: (813) 335-8080
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,514.36 per month $1,090.53 Principal & Interest $280.92 Property Tax $142.92 Homeowner's InsuranceChange Payment Information
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708-712 Pennsylvania Avenue | MLS# TB8493023
This multi-family property located at 708-712 Pennsylvania Avenue, Clearwater, FL 33755 is currently listed for sale with an asking price of $489,999. Search Clearwater real estate on www.jaxteamtampa.com today.