725 New York St, Clearwater, FL 33756

Clearwater
Local realty services provided by:ERA American Suncoast
725 New York St,Clearwater, FL 33756
$487,000
  • 4 Beds
  • 3 Baths
  • 1,375 sq. ft.
  • Multi-family
  • Active
Listed by: jeremy dinh
Office: copeland morgan llc.
MLS#:TB8532067
Source:MFRMLS

Price summary

  • Price:$487,000
  • Price per sq. ft.:$354.18

About this home

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...

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Home facts

  • Year built:1948
  • Subdivision & Development:BELMONT SUB 1ST ADD
  • Listing ID #:TB8532067
  • Added:14 day(s) ago
  • Updated:August 07, 2026 at 12:14 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Flooring:Luxury Vinyl
  • Kitchen Description:Dishwasher, Refrigerator
  • Bedroom Description:Primary Bedroom Main Floor
  • Basement Description:Crawlspace
  • Living area:1,375 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Building area:1,375 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Cement Siding
  • Exterior Features:Deck, Fence, Rain Gutters
  • Levels:1 Story

Utilities

  • Water:Public, Water - Multiple Meters, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$487,000
  • Price per sq. ft.:$354.18
  • Tax amount:$4,568 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator
  • Amenities:Ceiling Fans(s), Electricity Available, Primary Bedroom Main Floor
  • Pool features:Public Pool
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