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1959 Rainbow Drive, Clearwater, FL 33765

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For Sale

$695,000

6 beds • 2,931 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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

  • $237.12
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to 1959 Rainbow Drive a versatile multifamily treasure nestled in the Sky Crest neighborhood of Clearwater. Built in 1953 and spread across a generous 0.27-acre lot, this solid stucco structure spans a spacious 2,931 square feet of living space . Ideal for investors or owner-occupiers seeking income potential, this property features multiple rentable units (two efficiencies, two one-bedroom units, and one two-bedroom unit), each consistently leased and generating reliable rental income. Amenities include: Ample parking: Carports accommodate three full-sized vehicles plus one compact car On-site laundry facility Simplified utilities: A single water meter covers the entire property, While each unit has its own electric meter. Move-in-ready status: All units are functional with tenants in place. This is a fully operational rental business and is non-distressed. Situated in a convenient Clearwater locale, the property offers easy access to Clearwater Beach, Tampa Airport, Downtown Clearwater, and is well-positioned between thriving residential and commercial corridors.
MLS# TB8416109

Courtesy Of Coastal Properties Group International, LLC

(727) 493-1555

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Lot Size
    0.27 Acres

Map and Directions

Directions to 1959 Rainbow Drive, Clearwater, FL 33765

Home seller CENTURY 21 Link Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Link Realty, Inc.

(813) 684-0036
Learn More About Us

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Monthly Payment Breakdown

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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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