Incredible Clearwater duplex portfolio opportunity! Two turnkey duplexes, each fully updated with new roofs, AC units, and electrical panels (2019–2021). Separate meters—tenants pay utilities. Combined $5,900/mo income ($70,800/yr) with immediate cash flow and built-in upside by raising MTM rent at Crestmont. No flood insurance required. 4-Point inspections should pass easily. Priced at $818,000 for all 4 units—only ~$205K per door. Solid 6.87% blended cap rate as-is. Prime rental market with high demand and minimal landlord responsibility. Ideal for investors seeking strong returns and low maintenance. Purchase one duplex or both. Must see!
Property Details
Price:
$409,000
MLS #:
TB8377627
Status:
Active
Beds:
4
Baths:
2
Address:
5651 CRESTMONT STREET
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HIGH POINT
Neighborhood:
33760 – Clearwater
City:
CLEARWATER
Listed Date:
Apr 23, 2025
State:
FL
Finished Sq Ft:
1,687
Total Sq Ft:
1,687
ZIP:
33760
Year Built:
1972
Units:
2
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Schools
Interior
Cooling
Central Air
Heating
Central
Laundry Features
In Kitchen, Inside, Laundry Closet
Exterior
Construction Materials
Stucco
Exterior Features
Private Mailbox
Roof
Shingle
Financial
Tax Year
2024
Taxes
$4,238
Map
Community
- Address5651 CRESTMONT STREET CLEARWATER FL
- SubdivisionHIGH POINT
- CityCLEARWATER
- CountyPinellas
- Zip Code33760
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5651 CRESTMONT STREET
CLEARWATER, FL
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