1. Florida
  2. Clearwater
  3. 1479 FRANKLIN STREET
$165,000

1479 FRANKLIN STREET, Clearwater, FL 33755

  • 1 bed |
  • 1 bath |
  • 720 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $229/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

*Highest and best due 8/6 5pm* Extremely rare teardown duplex opportunity in one of the fastest-growing pockets of Clearwater. The seller’s relocation offers you the rare chance to secure this multi-family zoned property at less than one-fourth of its estimated ARV. With the front house fire-damaged and the rear unit fully intact and rented month to month, this is the perfect setup for investors ready to bring their big visions to life. So what makes this one so special? 1) Zoned for Multifamily Housing (MFH), offering the potential for huge upside and flexibility to rebuild, expand, and add more units. 2) Front house is severely fire-damaged, ready for a full rehab or tear-down. 3) Rear unit is completely intact and currently rented month-to-month at $900/month. 4) Fantastic location, minutes from downtown Clearwater, Clearwater Beach, Crest Lake Park, and Gulf to Bay Blvd. 5) Lowest price per sq ft in the area for a flip / fixer upper. Whether you're looking to flip, rebuild, and explore adding additional units, this property offers a rare canvas with strong value-add potential. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheets are available. No assignable contracts accepted.

Listing Status:
Active
Date Added:
July 30, 2025 at 05:00AM
Listing Office:
RICHARD PETERS REALTY LLC : 352-448-9712
Listing Agent:
Alexander Izikson : 781-996-9676
MLS ID:
TB8412141
  • General: Solid Surface Counters
  • Laundry: Electric Dryer HookupWasher Hookup
  • A/C: Wall/Window Unit(s)
  • Heating: Electric

This listing courtesy of Alexander Izikson, RICHARD PETERS REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Skycrest Elementary

10 N Corona Ave, Clearwater, FL, 33765

Grades PK-5

0.94 miles away

C

Clearwater Fundamental Middle School

1660 Palmetto St, Clearwater, FL, 33755

Grades 6-8

1.08 miles away

C

Clearwater High School

540 S Hercules Ave, Clearwater, FL, 33764

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.