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Triplex Investment Opportunity in a prime location between downtown Clearwater and Belleair This rare triplex presents a cash flow opportunity for investors. Conveniently situated between downtown Clearwater and Belleair, the property boasts a superb location facing Lake Belleview and is directly across from Ross Norton Recreation Center and Ed C. Wright Park. A short drive will take you to some of the best beaches in the US at Clearwater, Belleair Beach, Indian Rocks Beach to name a few. The triplex is currently fully rented and ready for a new owner to benefit from its steady income with a CAP rate of ~8.7 calculated with the current rents, expenses and the asking price. It consists of three separate units: "¢ Unit 1: 3 bedrooms, 1 bathroom "” currently leased and occupied at $1,700 per month. "¢ Unit 2: 2 bedrooms, 1 bathroom "” leased and occupied at $1,800 per month. This unit has been recently remodeled. "¢ Unit 3: Studio "” leased at $1,100 per month. Recent Property Updates "¢ Roof replaced in 2021 "¢ A/C replaced in 2021 Contact your agent today to schedule a showing! Appointment Only ***Do Not Disturb Tenants**
| DAYS ON MARKET | 25 | LAST UPDATED | 11/13/2025 |
|---|---|---|---|
| TRACT | LAKEVIEW HEIGHTS | YEAR BUILT | 1940 |
| COMMUNITY | 33756 - Clearwater/Belleair | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33756 - Clearwater/Belleair |
| CONSTRUCTION | Frame |
| EXTERIOR | Other |
| HEAT | Electric |
| INTERIOR | Other |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 50x103 |
| SEWER | Public Sewer |
| SUBDIVISION | LAKEVIEW HEIGHTS |
| TAXES | 7484.52 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Conor ONeill, BLAKE REAL ESTATE INC, 727-359-0388
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 5:19 PM PST.
This IDX solution is (c) Diverse Solutions 2025.