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725 NEW YORK ST,  CLEARWATER, FL 33756

MLS# TB8532067.  4 beds.  0.0 baths.  Apartment.  Active

$4,568 in taxes (2025)

$487,000

 

Remarks:

Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4, 425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside, the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1, 500 but could rent for 1, 600) and two 1/1 units (rented at 1, 425 and 1, 500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site.

Quick Info:

  • Listing is courtesy Of: COPELAND MORGAN LLC ((727-235-7988))
  • Listing Agent: Jeremy Dinh ((408-391-3060))
  • Days on yellowkey: 6
  • Property Type: Apartment
  • Beds: 4
  • Baths: 0.0
  • Living Area Square Feet: 1375
  • Built 1948
  • Taxes: $4,568 (2025)
  • Garage Spaces: ()
  • Square Feet: 1375
  • Fees: $0
  • Pinellas County
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  • Occupancy Information: Tenant
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  • Subdivision Name: BELMONT SUB 1ST ADD
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
7/23/2026Sale6TB8532067listed for sale$487,000-354.1818MLS




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