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One or more photo(s) has been virtually staged. Welcome to 1324 Milton Street, a legal zoned duplex ideally located in the heart of Clearwater, Florida. This solid block property sits on a large double lot measuring 100 feet wide by 102 feet deep, offering a huge fenced yard with plenty of space for parking an RV, boat, or multiple vehicles. Zoned LDMR (Low Medium Density Residential), the property is free from HOA restrictions and safely outside of any flood zone, providing peace of mind and flexibility for both homeowners and investors.
The duplex features two separate units divided by a covered breezeway and a convenient one-car covered carport. The front unit includes three bedrooms, one full bathroom, a spacious kitchen with a cozy breakfast nook, and a large indoor laundry room. This unit also boasts a brand-new central A/C system installed in 2024 and a roof replacement completed in 2022. The rear unit offers approximately 650 square feet of living space with a great layout that includes a private bedroom, separate living room, full-sized kitchen, and a full bathroom with a walk-in shower. Its roof was replaced in 2018, and each unit has its own electric meter for independent utility usage.
Both units are well-maintained and ready for your personal touch with some cosmetic updates througout. The property’s prime location places you just minutes from Glen Oaks Park, Crest Lake Park, downtown Clearwater, and the world-famous Clearwater Beach. Whether you’re seeking a multi-generational living setup, an income-producing investment, or a property with ample land and versatility, this duplex offers a fantastic opportunity in one of Clearwater’s most convenient and desirable areas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | $335 | $335 | $335 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,751 | $1,872 | $2,431 |
| Total Monthly Payment | $2,160 | $2,281 | $2,840 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.