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Off market
  • $540,900

    1270 Franklin St, Clearwater, FL 33756

    --beds
    0baths
    2,904sqft
    Quadruplex
    Built in 1960
    -- sqft lot
    $540,900 Zestimate®
    $186/sqft
    $1,588 Estimated rent

    Home value

    $540,900

    $465,000 - $627,000

    $1,588/mo

    Zestimate® history
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    $1,588/mo

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    Rent Zestimate®

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    $3,697/mo

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    $3,697/mo

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    What's special

    This four unit multi-family opportunity is located near downtown Clearwater and provides easy access to East/West thoroughfares. The building features four one bedroom, one bath apartments. The current in-place cap is 5.6%. This is a value-add opportunity with well below market rents. With some light remodel and repositioning in the market, the cap rate could be above current trends.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 2,904 sqft

    Property

    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,298 Square Feet
    • Dimensions: 60 x 105
    Details
    • Parcel number: 152915385740080210

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Foundation: Footing
    • Roof: Built-up
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Electricity Available

    Community & HOA

    Community
    • Subdivision: HIBISCUS GARDENS
    Location
    • Region: Clearwater

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $450,000
    • Annual tax amount: $6,993
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    8/5/2019Sold$300,000-14.3%$103/sqft
    Source: Public Record Report a problem
    6/12/2019Price change$350,000-6.7%$121/sqft
    Source: COASTAL PROPERTIES GROUP #U8045277 Report a problem
    6/12/2019Pending sale$375,000$129/sqft
    Source: COASTAL PROPERTIES GROUP #U8045277 Report a problem
    5/11/2019Listed for sale$375,000+136.6%$129/sqft
    Source: COASTAL PROPERTIES GROUP #U8045277 Report a problem
    11/19/2001Sold$158,500$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,993 +9%$333,160 +10%
    2023$6,415 +11.5%$302,873 +10%
    2022$5,755 +5.9%$275,339 +10%
    2021$5,432 +16%$250,308 +10%
    2020$4,685 +88.3%$227,553 +97.6%
    2019$2,488 $115,161 -20.1%
    2018$2,488 +1.4%$144,054 +26.2%
    2017$2,454 +26.3%$114,171 +6.6%
    2016$1,943 +16.7%$107,095 +36.2%
    2015$1,665 -14.9%$78,657 -18.3%
    2014$1,957 +7.5%$96,268 +6.8%
    2013$1,821 +14.5%$90,120 +21.7%
    2012$1,591 $74,053 -11.7%
    2011-- $83,859 -21.9%
    2010-- $107,363 -13.2%
    2009-- $123,745 -31.7%
    2008$3,691 $181,300 -15.4%
    2007-- $214,400 +26.7%
    2005-- $169,200 +15.2%
    2004$3,374 +9.9%$146,900 +10.5%
    2003$3,070 +65.5%$133,000 +11.9%
    2002$1,855 $118,900 +48.1%
    2001$1,855 -14.9%$80,300 -15.3%
    2000$2,180 $94,800
    Find assessor info on the county website

    Neighborhood: East Gateway

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $540,900
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    Estimated market value
    $540,900