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For sale
    • $487,000

    725 NEW YORK ST, CLEARWATER, FL 33756

    4beds
    3baths
    1,375sqft
    : 
    $3,327/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1948
    -- sqft lot
    $465,400 Zestimate®
    $354/sqft
    $-- HOA

    What's special

    Move-in-ready optionNewer windows
    Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4,425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside, the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1,500 but could rent for 1,600) and two 1/1 units (rented at 1,425 and 1,500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site.
    6 days
    |
    254
    |
    16
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Dinh 408-391-3060,

    COPELAND MORGAN LLC 727-235-7988

    Source: Stellar MLS,MLS#: TB8532067MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Wall Units / Window Unit
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Refrigerator
      • Laundry: None
      Features
      • Ceiling Fan(s), Primary Bedroom Main Floor
      • Flooring: Luxury Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,375
      • Total interior livable area: 1,375 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Private Entrance, Private Yard, Rain Gutters
      • Fencing: Fenced
      Lot
      • Size: 6,961 Square Feet
      Details
      • Additional structures: Shed(s)
      • Parcel number: 272915079200080090
      • Zoning: CLR-CRD
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Cement Siding
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: BELMONT SUB 1ST ADD
      HOA
      • Has HOA: No
      Location
      • Region: Clearwater

      Financial & listing details

      • Price per square foot: $354/sqft
      • Tax assessed value: $240,597
      • Annual tax amount: $4,568
      • Date on market: 7/23/2026
      • Cumulative days on market: 7 days
      • Ownership: Fee Simple
      • Total actual rent: 4425
      • Tenant pays: Electricity, Water
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Concrete

        Estimated market value

        $465,400

        $442,000 - $489,000

        $1,820/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$487,000+37.2%$354/sqft
        Source: Stellar MLS #TB8532067 Report a problem
        6/2/2026Listing removed$1,750$1/sqft
        Source: Zillow Rentals Report a problem
        5/19/2026Price change$1,750-5.4%$1/sqft
        Source: Zillow Rentals Report a problem
        5/3/2026Listed for rent$1,850$1/sqft
        Source: Zillow Rentals Report a problem
        1/5/2024Sold$355,000-11%$258/sqft
        Source: Stellar MLS #U8210336 Report a problem
        11/1/2023Pending sale$399,000$290/sqft
        Source: Stellar MLS #U8210336 Report a problem
        10/23/2023Listed for sale$399,000$290/sqft
        Source: Stellar MLS #U8210336 Report a problem
        10/18/2023Pending sale$399,000$290/sqft
        Source: Stellar MLS #U8210336 Report a problem
        8/19/2023Listed for sale$399,000+356%$290/sqft
        Source: Stellar MLS #U8210336 Report a problem
        3/4/2004Sold$87,500+297.7%$64/sqft
        Source: Public Record Report a problem
        3/5/1997Sold$22,000$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,568 +82%$240,597 +156.7%
        2024$2,510 +22.7%$93,741 +10%
        2023$2,045 +17.6%$85,219 +10%
        2022$1,738 +23.7%$77,472 +10%
        2021$1,405 -7.5%$70,429 -1.3%
        2020$1,519 +14.6%$71,369 +10%
        2019$1,326 $64,881 -3.1%
        2018$1,326 +4%$66,991 -2.9%
        2017$1,275 +24.9%$68,994 +41.5%
        2016$1,021 +7.1%$48,746 +9.4%
        2015$953 +5.4%$44,553 +5%
        2014$904 +7.5%$42,446 +8.8%
        2013$841 +7.8%$39,017 +6.7%
        2012$780 $36,574 -31.1%
        2011-- $53,070 -26.7%
        2010-- $72,448 -10.6%
        2009-- $80,995 -9.8%
        2008$1,749 $89,800 -16.7%
        2007-- $107,800 +33.7%
        2005-- $80,600 +25%
        2004$1,417 +72.6%$64,500 +50.7%
        2002$821 +14.6%$42,800 +24.8%
        2000$717 $34,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33756

        Getting around

        68 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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