1216 Franklin Circle, Clearwater, FL 33756
Local realty services provided by:Bingham Realty ERA Powered
1216 Franklin Circle,Clearwater, FL 33756
$338,800
- 4 Beds
- 2 Baths
- 2,160 sq. ft.
- Multi-family
- Active
Listed by: jonathan minerick
Office: homecoin.com
MLS#:TB8536909
Source:MFRMLS
Price summary
- Price:$338,800
- Price per sq. ft.:$128.63
About this home
A Rare High-Appreciation Investment Opportunity in Downtown Clearwater! This property is located in a prime downtown location, with no HOA , in a Flood Zone X. This is a two-story duplex. Each unit is approximately 1,080 sq ft and includes 2 bedrooms and 1 bathroom. There is also a detached garage of approximately 300 square feet next to the main building. At present, the major preliminary work for the permit application has already been completed. The seller has obtained a complete set of architect-prepared permit drawings covering the entire property. The plans include a complete redesign and renovation of the existing two residential units, as well as the conversion of the detached garage into a third residential unit. In addition to completing the drawings required for the permit application, the seller has invested a significant amount of time and money in the preliminary preparation work, including removing the ceilings and flooring, demolishing the kitchens and bathrooms, clearing the backyard and repairing the fence, and professionally removing and trimming large trees affecting the property. Multiple large roll-off dumpsters were used to remove construction debris and other materials. The next owner will not need to start from scratch and can proceed directly with the permit application and renovation. Except for the roof (replaced in 2014), every other part of the property requires a complete renovation. Once the proposed renovation plan is completed, the property is expected to become a newly renovated triplex with approximately 2,460 sq ft of living space. Its resale value is expected to be significantly higher than comparable properties currently on the market. This property is ideal for contractors, renovation buyers, or owner-occupants seeking a property with strong long-term potential....
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Home facts
- Year built:1957
- Subdivision & Development:HIBISCUS GARDENS
- Listing ID #:TB8536909
- Added:3 day(s) ago
- Updated:August 13, 2026 at 07:38 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Living area:2,160 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Membrane
- Year built:1957
- Building area:2,160 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Paved, Sidewalk
- Construction Materials:Block, Concrete
- Exterior Features:Covered Porch/Patio, Fence, Front Porch, Porch, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$338,800
- Price per sq. ft.:$128.63
- Tax amount:$1,344 (2024)
Features and amenities
- Laundry features:Laundry Room
- Amenities:Electricity Available
- Pool features:Public Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:1
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