About 916 Magnolia Drive
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 |
|---|---|
| Price | $499,000 |
| Sold Price | $415,000 |
| Sold Date | November 20th, 2024 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Square Footage | 1,651 |
| Acres | 0.20 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Sold |
Listing Details
| Office | LPT REALTY, LLC |
|---|
Listing Map
Neighborhood Information for 916 Magnolia Drive
Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Belleair Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Washburn Academy Private - Kindergarten to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Church Of Scientology Cadet School Private - 7Th Grade to 12Th Grade |
1 Miles | |
|
|
Saint Cecelia Interparochial Catholic - Preschool to 8Th Grade |
1 Miles | |
|
|
Clearwater Academy International Private - Preschool to 12Th Grade |
1 Miles | |
|
|
Clearwater Intermediate School Public - 5Th Grade to 9Th Grade |
1 Miles | |
|
|
Iva Christian School Private - Kindergarten to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools