NOT LISTED FOR SALE

1270 Franklin St Clearwater, FL 33756

Downtown Clearwater Neighborhood
-- Bed
-- Bath
2,904 Sq Ft
6,299 Sq Ft Lot

Last Sold July 30, 2019

Last sale price $300,000 $103 Per Sq Ft

38 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • High Speed Internet
  • Balcony
  • Central Heating and Cooling System

About This Home

As of July 2019

This four unit multi-family opportunity is located near downtown Clearwater and provides easy access to East/West thoroughfares. The building features four one bedroom, one bath apartments. The current in-place cap is 5.6%. This is a value-add opportunity with well below market rents. With some light remodel and repositioning in the market, the cap rate could be above current trends.

Last Agent to Sell the Property

Brad Meinck

ASSET AND KEY License #3299864 Listed on: 05/11/2019

Last Buyer's Agent

Denise Schettino

HOME SEARCH REALTY License #662693

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1960

Lot Details

  • 6,299 Sq Ft Lot
  • Lot Dimensions are 60 x 105

Home Design

  • 2,904 Sq Ft Home
  • Quadruplex
  • Block Exterior

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • High Speed Internet

Community Details

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

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,454

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2904
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1960
  • Lot Size Sq Ft: 6299
  • Tenant Pays: Electricity
  • Directions to Property: West on Court Street, turn right on South Lincoln Avenue. Turn right on Franklin Street and drive to address on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8045277&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8045277&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.85714
  • Price per Sq Ft: 103.31
  • Close to Original List Price Ratio: 0.8
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1270
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0108H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Parcel Number: 15-29-15-38574-008-0210
  • Additional Parcels: No
  • Lot Dimensions: 60 x 105
  • Flood Zone Code: X
  • Flood Zone Date: 2005-05-17
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2454
  • Tax Block: H
  • Tax Book Number: 14-55
  • Tax Lot: 21

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $300,000 -14.3% $103 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $350,000 0.0% $121 / Sq Ft
06/12/2019 06/12/19 For Sale $350,000 -6.7% $121 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $375,000 -- $129 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brad Meinck

    Seller's Agent in 2019

    Brad Meinck

    ASSET AND KEY

    (727) 498-5007

    27 Total Sales

    Brad Meinck
    Section Image
  • Denise Schettino

    Buyer's Agent in 2019

    Denise Schettino

    HOME SEARCH REALTY

    (813) 610-7648

    75 Total Sales

    Denise Schettino
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8045277

Stellar MLS
Florida Pinellas County Clearwater 33756 Downtown Clearwater

1270 Franklin St, Clearwater, FL

This home is located at 1270 Franklin St, Clearwater, FL 33756 since 11 May 2019. This property was built in 1960. 1270 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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