Address
308 S Lincoln AVENUE, CLEARWATER, FL
Price
$ 714,500
Property Attributes
  • MLS#U8230520
  • TypeIncome
  • CountyPINELLAS
  • CityCLEARWATER
  • AreaClearwater-Belleair
  • NeighborhoodHibiscus Gardens
  • Zip33756
  • StyleTriplex
  • Year Built1970
  • Taxes$ 9638
  • Price$ 714,500
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2563
  • Lot Size5,227 SqFt
Data Source:
Stellar MLS
Property Description

Nicely maintained 1970 concrete block and stucco 2 story triplex income property with one first floor unit and 2 second floor units for a total of 2563 living square feet; first floor 1067 and second floor 1496 with a total building of 3831. UNIT 2/One Bedroom One Bath Second Floor Front Apt with approximately 695 hsf & 2 south side parking spaces on driveway next to carport: Complete renovation finished in Jan 2024 includes but not limited to: LVP flooring, new kitchen cabinets, new tile backsplash, new kitchen GE stainless steel refrigerator, oven, dishwasher, kitchen sink and disposal, calcite counter tops. New bathroom vanity, granite top, sink and all new hardware; all new poly plantation shutters, all new light fixtures, all new baseboards, all new doors and hardware, freshly painted throughout; radiant heat in ceiling. Aug 23 new electrical panel and surge protector; April 23 new A/C in living room (wifi capability); June 23 new toilet; Feb 24 updated new screen and paint on 12 x 9 covered screened porch; interior laundry room for stackable washer/dryer, hot water heater and back door secondary exit that leads to stairs down to open back yard/2 living room photos are virtually staged/Refer to Unit 2 floor plan. UNIT 3/Two Bedroom One Bath Second Floor Rear Apt approximately 801 hsf with 190 sf single carport and two add'l parking spaces behind carport on south driveway. Features include upgraded tankless hot water heater, freshly painted throughout, two new window a/c units and new toilet Jan 2023. Sitting area outside of front door entry, inside utility with stackable washer/dryer area with a back door exit from laundry room down stairs to open backyard/radiant heat in ceiling/Refer to Unit 3 Floor Plan. UNIT 1, First Floor Two Bedroom 2 Bath approximately 1067 hsf with private covered screened lanai and fenced area to backyard and oversized 377 sf attached single car garage with work bench, full size washer/dryer hook up, soaking sink and additional driveway parking. Upgrades include modified electrical panel Sept 22, new ceiling fan in screened lanai June 23, new a/c in living room Aug 23 and new toilet in Dec 23/radiant heat in ceiling/Refer to Unit 1 Floor Plan. ALL ROOM SIZES ARE APPROXIMATE. Unit 2 is currently for the exclusive use of the owners and not rented to a third party. Unit 2 under a long term 12 month lease is projected to rent out at of $1800/mo with short term rent projected at $2500/mo plus additional charges. Monthly rent for Units 1 and 3 cover all expenses including principal and interest of current mortgage payment. Other expenses are taxes and insurance. Water/sewer and trash are invoiced separately based on actual bill received from the City of Clearwater. Electric is by separate unit meter. Owner handles yard maintenance. Located in the "Downtown Clearwater District"; walking distance to downtown Clearwater, newly redeveloped Coachman Park and The Sound Amphitheater (an $85 million dollar City project) or ride the Jolley Trolley with access to Clearwater Beach, Dunedin, Palm Harbor and/or Tarpon Springs! ACTUAL DISTANCE FROM THE RESIDENCE TO COACHMAN PARK IS 1.1 MILES OR 5 MINUTES!!!

Elementary School Middle School High School
Belcher Elementary-PN Oak Grove Middle-PN Clearwater High-PN
Price History
3/22/2024 Listed $714,500

General Features

Interior Features Living Room/Dining Room Combo,Open Floorplan,Window Treatments
Sewer Public Sewer
Heating Radiant
Cooling Wall/Window Unit(s)
Utilities Cable Connected,Electricity Connected,Fire Hydrant,Sewer Connected,Street Lights,Water Connected
Roof Shingle
Exterior Features Balcony,Private Mailbox,Rain Gutters
Zoning 1-4 RES
Garage Spaces 1
Security Features Fire Alarm
Construction Materials Block,Stucco,Wood Frame,Wood Siding
Pets Allowed No
Year Built 1970
Levels One
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name HIBISCUS GARDENS
Garage Y/N Yes
Status Active
Directions West on Gulf to Bay,Lincoln Avenue is the first street on the right after South Hillcrest Avenue light at St. Cecelia Catholic Church. North on Lincoln and triplex is on the left. Parking in the
High School Clearwater High-PN
City CLEARWATER
Buyer Agent Compensation 2.0%-$350
Senior Community Y/N No
Total Units 3
MLS Area 33756 - Clearwater/Belleair
Lot Size Square Feet 5288
Private Pool No
Waterfront Y/N No
Carport Spaces 1
Carport Y/N Yes
Street Name Lincoln
Listing Terms Cash,Conventional
Elementary School Belcher Elementary-PN
Property Attached Y/N Yes
Tax Annual Amount 9638
Middle/Junior High School Oak Grove Middle-PN
Property Condition Completed
Public Remarks Nicely maintained 1970 concrete block and stucco 2 story triplex income property with one first floor unit and 2 second floor units for a total of 2563 living square feet; first floor 1067 and second
Ok to Lease 12 Months
Lease Considered Y/N Yes
Days on Market 6
Standard Status Active
Tax Lot 9
Legal Description HIBISCUS GARDENS BLK K,LOT 9
Minimum Lease 1 Month
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Drapes,Shades,Shutters
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Electric Dryer Hookup,In Garage,Laundry Room,Washer Hookup
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 4
Living Area Units Square Feet

Exterior Features

Parking Features Assigned,Covered,Driveway,Ground Level,Guest,Workshop in Garage
Lot Features City Lot,Near Public Transit,Private,Sloped
Water Source Public
Lot Size Area 5288
Foundation Details Slab
Number of Buildings 1
Spa No
Building Area Total 3831
Lot Dimensions 115 x 65
Lot Size Acres 0.12
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Covered Spaces 2
Road Frontage Type Street Paved
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33756

Price
AVG $910K
$710K
Taxes
AVG $8,425
$9,638
Visits
AVG 304
159
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1970

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