Beautiful Turn-Key Duplex in Clearwater

Quick Summary

Purchase Price
$450,000
Capitalization Rate
5.5%
Cash on Cash Return
0.9%
Total Return on Investment
18.7%

14701 Sunset Street, Clearwater, FL 33760

4 beds
4 baths
1,680 sqft
  • Units are currently owner occupied.
  • Property is in unincorporated Pinellas county which means there are no STR lease restrictions. However, the STR comps do not currently support this strategy.
  • Excellent investment or multi-generational home opportunity! Totally updated duplex features two-2 bedroom, 2 bath, 840 sq ft units with private inside laundry, open floorplan and split bedrooms.
  • All major components and cosmetics were completed within the last 4 years: the roof was replaced in Sept 2020, Water Heaters in 2021, HVAC systems in 2023, new fence & gates, landscaping, interior and exterior paint, new fixtures & ceiling fans, steel doors, and dual-pane hurricane impact windows throughout.
  • Both units are full of upgrades and stunning finishes like waterproof LVP flooring, solid wood shaker cabinetry with pull-outs, Pompeii quartz countertops, built-in pantries & coffee bar, and stainless Samsung appliances.
  • French doors lead out the side patios to an expansive backyard.
  • Primary bedrooms feature walk-through closets with custom built-ins leading into the en suite baths.
  • All 4 bathrooms have been redone with new vanities, toilets, and timeless marble-look tile.
  • Convenient inside laundry with washer & dryer hook-ups are located in both guest bathrooms.
  • The fully-fenced backyard is spacious and a great space to entertain or relax.
  • Plenty of parking available, easily fits 8 cars on the parking pad out front.
  • Both units are metered separately for all utilities at the expense of the tenants.
  • No HOA and not currently located in a flood zone.
  • Live in one side and rent out the other, or rent both for 2 income-generating units to add to your investment portfolio.
  • Perfect opportunity for a first-timer or an experienced investor.
  • Prime Clearwater/Largo location, just off US 19 N, between Roosevelt Blvd & Ulmerton Rd – only a few blocks to retail shopping, grocery stores, fast food, and more. Approximately 2.5 miles to St. Pete-Clearwater International Airport, 11 miles to Clearwater Beach, 13 miles to St. Pete Beach & Downtown St. Pete.
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