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1260 Palmetto Street, Clearwater, FL 33755

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For Sale

$533,000

1,644 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $324.21
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

One or more photo(s) has been virtually staged. Turnkey duplex opportunity in the heart of Clearwater! Located directly across from the Clearwater Country Club and golf course, 1260 Palmetto St features two 3-bedroom, 1-bath units, each renting at $1,650/month with tenants covering their own utilities. (Value of washer/dryer hookups was not added to rent at time of leasing, providing an opportunity for potential rent increases after lease renewals). Separate electric meters, BOTH units recently renovated, new appliances in both units, washer/dryer hookups, and private backyard patios enhance tenant appeal. A storage shed offers added utility. Both AC units are older but functional, and the roof was recently updated in 2023 (buyer to verify). Just 13 minutes to the powdery sands of Clearwater Beach a world-famous destination offering top-rated hotels, shops, restaurants, and vibrant entertainment. Downtown Clearwater s cultural attractions and major medical centers are also close by. With immediate income and potential for future value-add, this property is perfect for investors seeking strong returns in a high-demand area. Recent appraisal done- $530,000. PLEASE DO NOT BOTHER TENANTS for anything. Lease for 1260 is through 4/26 and 1262 is 12/25.
MLS# TB8377405

Courtesy Of Downtown Partners, Inc.

(727) 896-1800

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Floor Covering
    Tile, Vinyl
  • Lot Size
    0.21 Acres

Map and Directions

Directions to 1260 Palmetto Street, Clearwater, FL 33755

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CENTURY 21 Coast to Coast

(727) 726-4757
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' 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 being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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