NOT LISTED FOR SALE

207 S Lincoln Ave Clearwater, FL 33756

Downtown Clearwater Neighborhood
-- Bed
-- Bath
2,734 Sq Ft
8,625 Sq Ft Lot

Last Sold October 20, 2014

Last sale price $105,000 $38 Per Sq Ft

149 Days on Market

Highlights

  • Parking available for a boat
  • No HOA
  • Oversized Parking
  • Deck
  • Porch
  • Patio

About This Home

As of October 2014

CASH COW! 14-17% CAP RATE! 3 Rental Units - 100% Occupied - Zoned Professional Office - Great Frontage - All long term tenantsbut on month to month agreements. Huge upside potential. Rent them as residential apts or convert to an office space or mix it up and have the tenants pay your office rent! Super flexible building. Currently set up a two 2/1 apt in front building and a deattached block studio in the back. All kinds of options. Gross Potential Income is $21,600 minus expenses of $3800 equals $17,8000 annual return! This redevelopment area of downtown clearwater is booming. Get in before the prices jump out of reach. Close to beach and walk to downtown.

Last Agent to Sell the Property

Walter Penachio

PALM LIFE REALTY License #3043989 Listed on: 03/26/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,625 Sq Ft Lot
  • Lot Dimensions are 75.0x115.0
  • West Facing Home

Home Design

  • 2,734 Sq Ft Home
  • Triplex
  • Block Exterior

Parking

  • Parking Pad
  • Oversized Parking
  • Guest Parking
  • Open Parking
  • Parking available for a boat

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 0130 / 008
  • Assessor Parcel Number 15-29-15-38574-008-0130

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hibiscus Gdns Subdivision

Building Details

  • Operating Expense $3,800
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Living Area: 2734
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1954
  • Lot Size Sq Ft: 8625
  • Status: Sold
  • Street Direction: S
  • Street Post Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 38.41
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Exterior Features: Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View YN: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, Guest, None, Open, Oversized, Parking Pad

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: 15-29-15-38574-008-0130
  • Additional Parcels: No
  • Lot Features: City Limits, Room For Pool
  • Lot Dimensions: 75.0X115.0
  • Flood Zone Code: X
  • Future Land Use: 19

Rental Info

  • Security Deposit: 0

Multi Family

  • Gross Income: 18000
  • Number Of Units Total: 3
  • Unit Count: 6
  • Est Annual Market Income: 21600.00

Tax Info

  • Tax Annual Amount: 2794
  • Tax Block: 008
  • Tax Book Number: 0014/0055
  • Tax Lot: 0130

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
08/17/2018 08/17/18 Off Market $105,000 -- --
10/20/2014 10/20/14 Sold $105,000 -18.0% $38 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $128,000 -- $47 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Walter Penachio

    Seller's Agent in 2014

    Walter Penachio

    PALM LIFE REALTY

    (888) 877-4040

    84 Total Sales

    Walter Penachio
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Map

Source: Stellar MLS

MLS Number: U7614497

Stellar MLS
Florida Pinellas County Clearwater 33756 Downtown Clearwater

207 S Lincoln Ave, Clearwater, FL

This home is located at 207 S Lincoln Ave, Clearwater, FL 33756 since 26 March 2014. This property was built in 1954. 207 S Lincoln Ave 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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