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Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
4,000
Exceptional investment opportunity in one of Clearwater’s most desirable locations! 1871 Stevenson Ave is a fully leased 4-unit property generating $83,904 in gross annual income, ideally situated just minutes from Downtown Clearwater, Dunedin, award-winning Gulf beaches, and walking distance to the Pinellas Trail. The property features a highly desirable unit mix of two 2-bedroom/1-bath units and two 2-bedroom/1.5-bath units. The two ground-floor units include in-unit washer and dryers, adding tenant convenience and rental appeal. All four units are currently rented, providing immediate cash flow, with one tenant on a month-to-month lease offering flexibility for repositioning or creative financing strategies. This property sits on a rare double lot, presenting significant value-add potential. Investors can explore rent increases to align with market rates, renovate the existing two garage units for additional income, or consider redevelopment opportunities as new construction homes continue to elevate the surrounding neighborhood. Located in a high-demand rental corridor near Dunedin, Downtown Clearwater, and the beaches, this is a prime opportunity for investors seeking stable income today with upside tomorrow.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco, Frame
-
Other Exterior Features
Storage
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Lot Size(acres)
0.32
-
Property Type
Residential Income
Price
-
Sales Price
$899,000
-
Tax Amount
$12,506
-
Sq. Footage
4, 000
-
Price/SqFt
$224
HOA
-
Association
No
School District
-
Elementary School
Sandy Lane Elementary-PN
-
Middle School
Dunedin Highland Middle-PN
-
High School
Dunedin High-PN
Property Features
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
31
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Sandy Lane Elementary-PN
Middle School
Dunedin Highland Middle-PN
High School
Dunedin High-PN
Listing Courtesy of Andrew Cutrona , BLUE PEAK REALTY LLC
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
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