522 FLORIDA AVENUE, Clearwater, FL, 33756 | $459,995

Beautifully updated duplex in the heart of Clearwater offering an exceptional opportunity for investors and owner-occupants alike. Live in one unit while generating income from the other, or maximize cash flow with two rental units. This building would make a great short term vacation rental because of the short drive to the crystal blue waters of Clearwater beach. The property stays almost always fully rented. If a unit does become open it is quickly rented because of the location and attractive street that it is on. The property features updated kitchens and bathrooms, including stone countertops, modern cabinetry, and stylish finishes throughout. One unit offers a spacious one-bedroom, one-bath layout with an extra enclosed room that is ideal for a home office, dining area, hobby room, or flex space. The large kitchen is equipped with modern appliances and includes a generous full pantry with a door, providing abundant storage and functionality. New breaker boxes installed a few years ago. Water and power are separate for each unit and paid by the tenant. Ideally located just a short drive from Clearwater’s world-famous beaches, this property enjoys strong rental demand and a proven history of consistent occupancy. The owner can provide a long track record of successful consistent tenant rentals, making this an attractive addition to any investment portfolio. Unlike many duplex properties, this well-maintained building is situated on a charming street lined with attractive homes featuring manicured lawns and pride of ownership throughout the neighborhood. A recent newly constructed home nearby further enhances the area’s appeal and value. Having been owned and carefully maintained by only two owners, this duplex presents a rare opportunity to acquire a turnkey income-producing property in a highly desirable Clearwater location.

Features

  • Bedrooms: 4
  • Lot Size: 55 x 110
  • Laundry: Outside
  • Year Built: 1957
  • Heating: Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 1,663
  • Lot Size: 55 x 110
  • Est. Taxes: $2,907
  • Lot Desc: Cul-De-Sac, Sidewalk, Street Dead-End
  • Elem. School: Plumb Elementary-PN
  • Middle School: Oak Grove Middle-PN
  • High School: Clearwater High-PN
  • Appliances: Built-In Oven, Cooktop, Electric Water Heater, Refrigerator
  • Lease Terms: 12 Months
  • MLS#: TB8521182
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8521182/522floridaavenue_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/2/2026 11:52:28 PM)
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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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522 FLORIDA AVENUE, Clearwater, FL, 33756

$459,995

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $367,996 $367,996 $367,996
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.952%
Monthly Tax Payment $242 $242 $242
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,204 $2,324 $3,056
Total Monthly Payment $2,521 $2,641 $3,373

* 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.