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$338,800

Rare high-appreciation investment opportunity in downtown Clearwater! This property is located in a prime downtown location, with no HOA, and is in Flood Zone X. The property is a two-story duplex. Each unit is 1,080 sq ft and includes 2 bedrooms and 1 bathroom. There is also a detached garage of approximately 300 sq ft next to the main building. The seller has already completed the pre-construction site preparation and cleanup work and has obtained a complete set of architect-prepared, signed and sealed plans for permit application. The plans include the renovation design for the two existing residential units and the conversion of the detached garage into a third residential unit, including cabinetry, a bathroom with a shower, and living space. The buyer does not need to start from scratch. The key component—the architect-prepared, signed and sealed plans—has already been completed by the seller. The buyer only needs to prepare any additional supporting documents required by the City and submit them together with the plans for permit approval. The estimated permit review timeframe is approximately 3–4 weeks. Once the permit is approved, construction can begin according to the existing plans. Except for the roof, which was replaced in 2014, all other parts of the property require a full renovation. Upon completion of the planned renovation and conversion, the property is expected to become a fully renovated triplex with approximately 2,450 sq ft of total living space. Its resale value is expected to be significantly higher than comparable properties, and its long-term rental income potential is also very attractive. The seller accepts both cash and financed purchases. The property is suitable for contractors, investment-minded buyers, and buyers who may choose to occupy one of the units. Don't miss this rare investment opportunity.

4 Beds ⋅ 2 Baths ⋅ Hibiscus Gardens SubDv. ⋅ 33756 Zip Code

1216 Franklin Circle, Clearwater

$685,000

Virtually Staged. This stunning, never-occupied contemporary new construction will captivate you from the moment you step through the door with its original, one-of-a-kind design. Designed with both elegance and functionality in mind, the first floor offers 726 square feet of living space and is perfectly suited as an independent mother-in-law suite or a lucrative rental apartment, complete with its own private entrance. This thoughtfully crafted space features a generous dinette area, a spacious living room, a comfortable bedroom, and a modern full bathroom enhanced with stylish lighting and premium plumbing fixtures. A beautiful lanai provides additional outdoor living space, offering comfort and privacy separate from the main residence. The suite connects to the main home and the oversized two-car garage through a charming foyer and functional staircase. The second floor, encompassing 1,550 square feet, serves as the primary living area and showcases a gracious, expansive balcony. Inside, you’ll find a bright, open-concept layout that seamlessly connects the dining area, kitchen, and family room. The luxurious gourmet kitchen overlooks all living spaces and features custom cabinetry, high-end smart appliances, an exquisite porcelain backsplash, gleaming quartz countertops, and modern lighting and plumbing fixtures. The generously sized primary suite offers ample closet space and an en-suite bathroom complete with a large vanity and a frameless walk-in shower adorned with elegant porcelain finishes. Two additional guest bedrooms share a beautifully appointed full bathroom with contemporary design elements. Additional highlights include luxury waterproof vinyl flooring throughout and hurricane-impact windows. Situated on a premium corner lot in the heart of Tampa, this remarkable residence is located in a tranquil, established neighborhood with NO HOA, NO CDD, and NO flood zone. The property is just minutes from shopping, schools, medical facilities, and dining, and conveniently located near Raymond James Stadium, Tampa International Airport, major highways, and the beautiful Gulf beaches. Call today to schedule your private showing and start negotiations to make this exceptional opportunity yours.

4 Beds ⋅ 3 Baths ⋅ Hibiscus Gardens SubDv. ⋅ 33614 Zip Code

3915 W Robson Street W, Tampa