Extremely rare teardown duplex opportunity in one of the fastest-growing pockets of Clearwater. The seller’s relocation offers you the rare chance to secure this multi-family zoned property at less than one-fourth of its estimated ARV. With the front house fire-damaged and the rear unit fully intact and rented month to month, this is the perfect setup for investors ready to bring their big visions to life. So what makes this one so special? 1) Zoned for Multifamily Housing (MFH), offering the potential for huge upside and flexibility to rebuild, expand, and add more units. 2) Front house is severely fire-damaged, ready for a full rehab or tear-down. 3) Rear unit is completely intact and currently rented month-to-month at $900/month. 4) Fantastic location, minutes from downtown Clearwater, Clearwater Beach, Crest Lake Park, and Gulf to Bay Blvd. 5) Lowest price per sq ft in the area for a flip / fixer upper. Whether you're looking to flip, rebuild, and explore adding additional units, this property offers a rare canvas with strong value-add potential. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheets are available. No assignable contracts accepted.
For sale
Price cut: $10K (8/6)
$159,000
1479 Franklin St, Clearwater, FL 33755
1beds
1baths
720sqft
Est.:
Duplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$221/sqft
$-- HOA
What's special
- 10 days
- on Zillow |
- 736 |
- 21 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 05:50am
Listing Provided by:
Alexander Izikson 781-996-9676,
RICHARD PETERS REALTY LLC 352-448-9712
Source: Stellar MLS,MLS#: TB8412141
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Solid Surface Counters
- Has fireplace: No
Interior area
- Total interior livable area: 720 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Exterior features: Dog Run
Lot
- Size: 5,502 Square Feet
Details
- Parcel number: 142915104760050190
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: BOULEVARD HEIGHTS
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Clearwater
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $131,255
- Annual tax amount: $2,076
- Date on market: 7/30/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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