$899,000
$300K PRICE INCREASE

1267 Franklin St Clearwater, FL 33756

Downtown Clearwater Neighborhood

Estimated payment $5,424/month

Total Views 7,297
6 Beds
6 Baths
3,700 Sq Ft
$243 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

Please note.NO Seller finaced offers will be considered. Exceptional opportunity to own a fully occupied 4-unit income-producing property in a high demand rental area just minutes from Clearwater Beach and the vibrant Cleveland Street District.
This maintained building features a mix of long-term tenants and updated interiors and central A/C in 3 of 4 units, with additional window units in the larger spaces for added comfort. The property boasts several newer windows (replaced in 2014–2015) Ample storage space on each level adds bonus value for tenants or potential extra income.
Each unit has separate electric and water meters, and tenants cover all their own utilities, maximizing your net income. With its strong rental history and minimal maintenance, this property is ideal for both seasoned and new investors.
Situated on a quiet residential street, the location offers walkable access to restaurants, shops, and public transit, plus easy proximity to Coachman Park, The Sound Amphitheater, and world-famous Clearwater Beach. No damage or flooding from Hurricane Helene .

Listing Agent

Jack Stroup

EXP REALTY LLC Brokerage Phone: 866-308-7109 License #3035050 Listed on: 05/29/2025

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 1964

Parking

  • 4 Carport Spaces

Home Design

  • 3,700 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Block Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Laundry in unit
  • 6,839 Sq Ft Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hibiscus Gardens Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Operating Expense $12,507
  • Gross Income $42,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,605

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3700
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1964
  • Lot Size Sq Ft: 6839
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: Turn North on Missouri Ave from Gulf to Bay. Turn east on Franklin.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • RATIO Current Price By Calculate: 242.97
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 866-308-7109
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Street Number Modifier: 1267
  • Living Area Meters: 343.74

Exterior Features

  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0108J

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 15-29-15-38574-009-0040
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 635

Multi Family

  • Gross Income: 42240
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Total Num Buildings: 1
  • Unit Count: 4
  • Est Annual Market Income: 67200.00

Tax Info

  • Tax Annual Amount: 7605
  • Tax Block: I
  • Tax Book Number: 14-55
  • Tax Lot: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $899,000 +50.1% $243 / Sq Ft
05/29/2025 05/29/25 For Sale $599,000 -- $162 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8391159

Stellar MLS
Florida Pinellas County Clearwater 33756 Downtown Clearwater

1267 Franklin St, Clearwater, FL

This home is located at 1267 Franklin St, Clearwater, FL 33756 and is currently priced at $899,000, approximately $242 per square foot. This property was built in 1964. 1267 Franklin St is a home located in Pinellas County with nearby schools including Belleair Elementary School, Oak Grove Middle School, and Clearwater High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Jack Stroup
Listing Agent
Jack Stroup
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EXP REALTY LLC
(727) 615-3795