Clearwater Real Estate Search

Clearwater Multi-Family Properties for Sale

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Newest Clearwater Multi-Family Homes for Sale

$440,000
3 Beds 2 Baths Longview Sub SubDv. 33756 Zip Code
Unlock the potential for immediate rental income and prime Gulf Coast living with this exceptional Clearwater duplex featuring a great layout that offers peace of mind and premium comfort. The standout one-bedroom unit has been completely reimagined with top-tier interior upgrades. Cook with ease in the fully updated kitchen, sporting elegant quartz countertops, a contemporary tile backsplash, a new double-basin stainless steel sink, brand-new appliances, and freshly painted cabinetry. The updated bathroom serves as a private oasis, complete with a modern vanity, new toilet, new faucet, stylish new door, and a new tub liner. Photos of the tenant occupied two bedroom side can be provided upon request. Major capital expenditures have already been taken care of for you. The property features a resilient new roof (2022), high-efficiency hurricane impact windows (2023), and a brand-new, modern electrical panel (2026). Both units enjoy their own private, screened-in porches—perfect for enjoying morning coffee or the evening Florida breeze. A shared utility room equipped with a washer and dryer adds ultimate convenience for all residents. Outside, the spacious backyards are fully fenced and intelligently divided by a lush privacy hedge, giving each unit its own secluded outdoor sanctuary. Location is everything! Residents are just a short stroll from the scenic trails and recreation at Crest Lake Park, an easy drive to the award-winning sands of Clearwater Beach, and an easy commute to Tampa International Airport. Whether you want to lease both units for optimum cash flow or live in one while the other pays your mortgage, this property is a must-see. Schedule your private showing today!

533 Yelvington Avenue, Clearwater

$775,000
4 Beds 4 Baths Skycrest SubDv. 33765 Zip Code
405 S Orion Avenue | Beautifully Renovated 4-Unit Investment Property with Development Potential in the Heart of Clearwater Welcome to 405 S Orion Avenue, a beautifully renovated four-unit multifamily property offering immediate income, exceptional location, and exciting future possibilities in the heart of Clearwater, Florida. Thoughtfully updated with a refined European aesthetic, the property stands apart from typical investment properties. Inspired by the owner’s artistic education in Italy and lifelong passion for design, the interiors reflect a sophisticated European sensibility. The harmonious color palette and understated finishes were carefully selected to create bright, welcoming spaces with enduring appeal, offering residents a living environment that feels both relaxing and timeless. Each unit has been creating an attractive environment for long-term tenants and helping support strong occupancy. Adding to the property’s appeal is a spacious backyard that offers flexibility for outdoor enjoyment and potential future expansion. Subject to local approvals, the site may offer the opportunity for an ADU or other value-enhancing improvements. For investors and developers, 405 S Orion Avenue presents a particularly compelling opportunity. The property sits on commercially zoned land, and current zoning may allow the development of up to 10 residential units, making this an attractive acquisition for those seeking both immediate cash flow and long-term redevelopment potential. The location is one of the property’s strongest assets. Situated just minutes from Downtown Clearwater, residents enjoy convenient access to restaurants, shopping, entertainment, and the exciting transformation and revitalization currently underway throughout the downtown district. The renowned Delphi School is located on the same street, adding to the area’s desirability for families and professionals alike. For those seeking the Florida coastal lifestyle, Clearwater Beach, consistently ranked among the most beautiful beaches in the United States , is only a 10 to 15-minute drive away. Convenient public transportation is located nearby, including the Route 60 bus, providing direct access to Downtown Clearwater and the beach. As Clearwater continues to attract new investment, residents, and visitors, opportunities such as 405 S Orion Avenue become increasingly valuable. Whether you are seeking a stable income-producing asset, a value-add investment, or a future redevelopment project, this property offers a unique combination of location, character, flexibility, and growth potential. Investment. Lifestyle. Design. Opportunity. 405 S Orion Avenue is more than a multifamily property it is a thoughtfully designed investment opportunity positioned to benefit from the continued growth and evolution of one of Florida’s most desirable coastal communities.

405 S Orion Avenue, Clearwater

$599,000
Sunset Point 2nd Add SubDv. 33755 Zip Code
Exceptional duplex investment opportunity in one of Tampa Bay's most desirable coastal communities. Located in an X flood zone, this property offers peace of mind and outstanding value just minutes from Downtown Dunedin, consistently recognized as one of Florida's most sought-after places to live. One side of the duplex is currently tenant-occupied, providing immediate income potential, while the other unit is available for owner occupancy or lease. With potential rental income of approximately $2,100 per unit, this property presents an excellent opportunity for investors and owner-occupants alike. Extensively updated, the property features recently renovated kitchens and bathrooms, updated flooring, a newer roof, fresh interior and exterior paint, and modern finishes throughout. Each unit includes its own washer and dryer, dedicated parking, and private outdoor space. Constructed of durable block construction, this duplex offers low-maintenance ownership and long-term appeal. Ideally situated just minutes from the Pinellas Trail, the Dunedin Causeway, and vibrant Downtown Dunedin, residents can enjoy waterfront parks, boutique shopping, local breweries, and a variety of dining options. The property is also conveniently located near two of Tampa Bay's most renowned beaches—Clearwater Beach and Honeymoon Island—offering easy access to pristine Gulf waters, boating, fishing, kayaking, and year-round outdoor recreation. Combining strong income potential, extensive updates, and an unbeatable location, this is a rare opportunity to own a move-in-ready duplex in the heart of Florida's Gulf Coast.

1920/1922 Springtime Avenue, Clearwater

$439,000
4 Beds 2 Baths High Point SubDv. 33760 Zip Code
Welcome to 15134 Verona Ave, Clearwater, FL 33760—a well-maintained duplex offering exceptional income-producing potential and strong value for investors or owner-occupants alike. This versatile property has been thoughtfully updated and features major capital improvements that provide peace of mind while helping minimize future maintenance expenses. Unit A serves as a true **model unit**, showcasing a fully renovated interior with an updated kitchen, beautifully remodeled bathroom, fresh paint, and modern ceiling fans throughout. Unit B has also been improved with a **newly renovated bathroom**, enhancing both comfort and rental appeal. Adding to the property's functionality, **each unit features its own private laundry room and dedicated storage area**, a highly desirable amenity for tenants. Significant updates include a **new roof installed in 2021**, a **new A/C system in Unit B in 2023**, and a **new A/C system in Unit A in 2025**, giving buyers confidence in the property's major systems. Whether you're looking to expand your investment portfolio, generate consistent rental income, or live in one unit while renting the other, this property presents an outstanding opportunity. With its desirable Clearwater location, attractive updates, and tenant-friendly features, 15134 Verona Ave offers **excellent rental income potential** and long-term investment value. Don't miss your chance to own a turnkey property that combines modern upgrades, strong cash-flow potential, and investment upside in the heart of Pinellas County. Schedule your private showing today!

15134 Verona Avenue, Clearwater

$499,000
4 Beds 2 Baths Highland Groves SubDv. 33755 Zip Code
Turnkey income-producing property in the heart of Clearwater! This exceptional investment opportunity features a fully furnished 3-bedroom, 1-bath main home plus a detached fully furnished 1-bedroom, 1-bath cottage, offering incredible flexibility for investors, multi-generational living, guests, or supplemental rental income. Ideally located in Clearwater's desirable East Gateway District, this property is just minutes from world-famous Clearwater Beach and provides convenient access to Downtown Clearwater, downtown St. Petersburg, Tampa International Airport, and St. Pete-Clearwater International Airport. The main residence offers approximately 1,423 square feet of comfortable living space with a fully equipped kitchen, spacious living and dining areas, three generously sized bedrooms, and a full bath. Designed for both everyday living and extended stays, the home provides ample space for relaxing, entertaining, or working from home. Being offered fully furnished, the property is ready for immediate occupancy or continued rental operations. The detached cottage offers approximately 600 square feet of additional living space and is also being sold fully furnished. Complete with a full kitchen, comfortable living area, private bedroom, full bath with tub/shower combination, and a dedicated workspace, the cottage is ideal for long-term tenants, mid-term rentals, visiting family, or a private home office. Adding to the property's appeal, both the main home and cottage feature their own washer and dryer, new roofs, and separate fenced backyards, providing privacy and convenience for occupants of each residence. The dual-living setup creates an attractive opportunity for owner-occupants seeking supplemental income or investors looking to maximize rental potential. Situated just blocks from Gulf-to-Bay Boulevard, residents enjoy quick access to shopping, dining, entertainment, museums, parks, and Florida's award-winning Gulf Coast beaches. Whether you're seeking a turnkey mid-term rental, a multi-generational living arrangement, or a versatile investment property, this unique Clearwater offering delivers endless possibilities in one of the area's most convenient locations.

1466 Laura Street, Clearwater

$378,500
2 Beds 2 Baths Milton Park SubDv. 33756 Zip Code
Rare Clearwater investment opportunity with multiple exit strategies. Whether you are an investor, builder, or end user looking for land value, rental potential, and future upside, this oversized property offers the flexibility to live, lease, expand, or redevelop in one of Clearwater’s active growth corridors. Situated on an 83’ x 127’ quarter-acre lot with rear alley access, this property is currently configured as a duplex with two 1-bedroom, 1-bath units. The property has no rental history due to owner use, but projected rental potential per unit per month depends on the final use, condition, rental strategy, and market demand. Inquire for details! The real value is in the land, zoning, and flexibility. The property offers potential for duplex, triplex, or fourplex use, giving a future owner several possible paths to increase value: maintain the existing duplex, live in one unit and rent the other, lease both units for income, explore conversion or expansion into a triplex or fourplex, or redevelop the oversized lot with new construction. Buyer should verify zoning, permitted uses, density, rental projections, and redevelopment options with the City of Clearwater. The existing block construction and recent updates — including HVAC, cabinetry, and appliances — allow for continued use while preserving long-term upside. This makes the property especially appealing for buyers who want income potential now with the ability to plan future improvements or redevelopment. Location continues to drive demand. The property is conveniently positioned within a short drive to Clearwater Beach and the Gulf, with easy access to Tampa International Airport, Downtown St. Petersburg, shopping, dining, and major employment corridors. This central location supports strong long-term rental appeal and future resale value. Large lots with this level of flexibility — live-in potential, income-producing use, and redevelopment upside — are becoming increasingly rare in Clearwater. For the buyer looking to control land, create income, and unlock future value, this is a Clearwater opportunity worth serious attention.

831 Grand Central Street, Clearwater

$1,200,000
Skycrest SubDv. 33765 Zip Code
ATTENTION INVESTORS!! Turnkey 6-Plex INCOME MACHINE in Clearwater – Solid Upside & Strategic Location in Central Clearwater!! This property features 6 (ONE 2bed/2bath,ONE 1 bed/2bath,FOUR 1 bed/1bath) units. ALL units have been updated and always occupied! The building’s concrete block construction ensures durability and low immediate maintenance. Located in a high-demand area, this property is minutes from US-19, offering easy access to Tampa and St. Pete, making it ideal for commuters. This meticulously maintained multifamily property offers an unbeatable combination of central location and immediate ROI. Situated just minutes from the newly revitalized Downtown Clearwater, The Sound at Coachman Park, and the award-winning Clearwater Beach. Featuring a desirable unit mix, this property boasts consistent high occupancy rates and reliable rental income. Tenants love the convenient access to local dining, shopping, and major employment hubs like Morton Plant Hospital. Do not miss this rare chance to own a fully functional asset in one of Florida's most desirable rental markets. Low vacancies and high rental demand in Pinellas County, this is a secure, high income opportunity that will not last long. Ideal for investor portfolio expansion. Contact for rent roll and financials. Laundry room is equipped with washers and dryers on user friendly application on cell phone. Electric is separately metered.

400 S Meteor Avenue, Clearwater

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