Overview
- Updated On:
- May 12, 2025
- 4 Bedrooms
- 2 Bathrooms
- 1,652 ft2
Description
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!
Address: 5651 CRESTMONT STREET
City: CLEARWATER
Area: HIGH POINT
State/County: Pinellas
Zip: 33760
Country: US
Property Id: 1720721
Price: $ 399,000
Property Size: 1,652 ft2
Property Lot Size: 0 ft2
Bedrooms: 4
Bathrooms: 2
Building Area Total: 1687
CoListAgentFullName: Regina Sotomayor
CoListAgentMlsId: 260054730
Co List Office Mls Id: 260033103
Co List Office Name: HOMESCENE REALTY
Construction Materials: Stucco
Contract Status Change Date: 2025-04-23
Cooling: Central Air
Cumulative Days On Market: 18
Days On Market: 18
Directions: US HWY 19 to Roosevelt Blvd E and Right on Waverly St and Left on Crestmont.
FoundationDetails: Slab
Heating: Central
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: In Kitchen,Inside,Laundry Closet
ListAOR: Pinellas Suncoast
ListAgentAOR: Pinellas Suncoast
ListAgentEmail: [email protected]
ListAgentFullName: Dustin Anderson
ListAgentKey: 74ef2fa5201bd3609151e61bc0ea9502
ListAgentMlsId: 165103319
ListAgentPreferredPhone: 813-808-6400
ListOfficeKey: 975614d276af2c734250dd7b9053f775
ListOfficeMlsId: 260033103
ListOfficeName: HOMESCENE REALTY
ListOfficePhone: 727-877-5020
ListingContractDate: 2025-04-23
ListingId: TB8377627
ListingKeyNumeric: 757126944
ListingTerms: Cash,Conventional,FHA
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 6952
LotSizeDimensions: 50 x 140
LotSizeSquareFeet: 6952
LotSizeUnits: Square Feet
MLSAreaMajor: 33760 - Clearwater
MlsStatus: Active
NumberOfBuildings: 1
NumberOfUnitsTotal: 2
OnMarketDate: 2025-04-23
OriginalListPrice: 409000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 332916394020020150
PhotosCount: 35
PostalCodePlus4: 2852
RoadSurfaceType: Asphalt
Roof: Shingle
STELLAR_AlternateKeyFolioNum: 332916394020020150
STELLAR_AnnualExpenses: 7887
STELLAR_AnnualNetIncome: 26913
STELLAR_CalculatedListPriceByCalculatedSqFt: 241.53
STELLAR_CensusBlock: 2
STELLAR_CensusTract: 024510
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 399000
STELLAR_DPRURL: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8377627?w=Agent&skip_sso=true
STELLAR_DPRURL2: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8377627?w=Customer
STELLAR_DPRYN: 1
STELLAR_FloodZoneCode: x
STELLAR_ListOfficeContactPreferred: 727-877-5020
STELLAR_ListOfficeHeadOfficeKeyNumeric: 537596250
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: Price Decrease
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com,International MLS,Realtor.com,Zillow Rental,SkySlope Offers
Other Features
Has Cooling System
Has Heating System
Private Mailbox
Window Treatments
$ 2,045.75
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,547.00
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