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Sold for $700,000 on 05/31/24
  • $700,000

    308 S Lincoln Ave, Clearwater, FL 33756

    5beds
    4baths
    2,563sqft
    Triplex, Multi Family
    Built in 1970
    -- sqft lot
    $651,200 Zestimate®
    $273/sqft
    $2,275 Estimated rent

    What's special

    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!!!

    Zillow last checked: 7 hours ago

    Listing updated: May 31, 2024 at 01:21pm

    Listing Provided by:

    Colleen Tuttle 727-420-4106,

    RE/MAX REALTEC GROUP INC 727-789-5555

    Bought with:

    John Mckinnon, 3426663

    RE/MAX ALLIANCE GROUP

    Source: Stellar MLS,MLS#: U8230520MLS LogoOriginating MLS: Pinellas Suncoast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Radiant
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Electric Dryer Hookup, In Garage, Laundry Room, Washer Hookup
    Features
    • Living Room/Dining Room Combo, Open Floorplan
    • Windows: Drapes, Shades, Shutters, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 3,831
    • Total interior livable area: 2,563 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Covered, Driveway, Ground Level, Guest, Workshop in Garage
    • Attached garage spaces: 1
    • Carport spaces: 1
    • Covered spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Private Mailbox, Rain Gutters
    Lot
    • Size: 5,288 sqft
    • Dimensions: 115 x 65
    • Features: City Lot, Near Public Transit, Private, Sloped
    Details
    • Parcel number: 152915385740110090
    • Zoning: 1-4 RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Block, Stucco, Wood Frame, Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Street Lights, Water Connected

    Community & neighborhood

    Security
    • Security features: Fire Alarm
    Location
    • Region: Clearwater
    • Subdivision: HIBISCUS GARDENS

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 5305

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Paved, Asphalt
    Services availability
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    Estimated market value

    $651,200