Listing Details for MLS # T3550861
1515 S Prospect Avenue, Clearwater, Fl 33756

Residential Property - Single Family Residence in Clearwater

Listing Price: $350,000Days on Market: 94

Description of Property

Welcome to a rare and profitable investment in the heart of Clearwater! This unique property features two separate single-family homes on one lot, making it a versatile option for investors or those looking to offset their mortgage with rental income. Whether you’re an experienced real estate investor or a first-time buyer, this is your chance to take advantage of an exceptional house hacking opportunity. Live in one unit and rent out the other, or rent both for a steady income stream! Unit 1: Front Unit The front unit is a spacious 2-bedroom, 1-bathroom home that has been recently refreshed and is ready for immediate occupancy. This well-maintained unit offers a bright and open living space, a cozy kitchen, and ample storage. Its size and charm make it an attractive option for small families, couples, or roommates. With a competitive rental rate, this unit can be quickly leased, ensuring steady income for the new owner. Unit 2: Back Unit The back unit is a charming 1-bedroom, 1-bathroom home, also refreshed and ready to be rented immediately. This cozy space offers privacy and comfort, making it ideal for a single tenant or a couple. Its recent updates, along with the overall appeal of the property, make it a highly desirable rental in the Clearwater market. Both units are currently vacant and have been refreshed to attract new tenants quickly. This means you can start generating immediate rental income with the flexibility to lease each unit separately or rent them together as one property. Whether you’re looking for long-term tenants or shorter-term leases, the possibilities are endless. This property’s prime location in Clearwater puts you minutes away from world-famous Clearwater Beach, known for its sugar-white sands and stunning Gulf Coast sunsets. It’s also conveniently close to the Belleair Causeway boat ramp, perfect for water lovers and boating enthusiasts. Whether your tenants are beachgoers, outdoor adventurers, or those who appreciate a vibrant community, this location appeals to all. Proximity to top-rated attractions, shopping, dining, and entertainment makes this property even more desirable for potential renters, ensuring strong demand year-round. The flexibility of two separate homes on one lot offers several benefits that traditional duplexes can’t match, including more privacy for tenants and higher potential rents for the owner. The property is turnkey and offers plenty of opportunities for future appreciation in this highly sought-after location. It’s a rare find in a city that combines the best of Florida living with excellent investment prospects. Whether you’re looking to expand your portfolio, start your real estate journey, or secure a profitable investment in a growing market, this Clearwater property is your chance to achieve your financial goals. Don’t miss out on the opportunity to transform this hidden gem into a highly lucrative asset! Properties like this don’t stay on the market long. Schedule your showing today and seize this chance to invest in one of Florida’s most desirable locations. With immediate rental potential, a prime location, and flexible options, this is an investment opportunity you can’t afford to pass up. Contact us today to learn more and make this property yours!The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $559,281. This single family residence is listed at about 63% of the average asking price. There are 6 3 bedroom/2 bath homes between $300,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »