Description

INVESTMENT OPPORTUNITY | CLEARWATER MULTIFAMILY DUPLEX | 2/2 EACH SIDE | 1/4+ ACRE LOTDiscover the potential at 3015 St John Dr, Clearwater, FL 33759-a rare opportunity for an investor, house hacker, or owner-occupant looking to live in one unit while renovating and/or renting the other. This duplex features two 2-bedroom, 2-bath units, each with a 1-car garage, situated on a spacious over 1/4-acre lot in a desirable Clearwater location.One side is ready for occupancy, while the other requires renovation and updating, providing an opportunity to add value and improve future rental income. The east-side garage has been converted to storage and would need to be converted back to a garage. The property needs work both inside and out, but the major components are solid, making this a true diamond-in-the-rough investment opportunity.Recent major improvements include HVAC systems from 2022 and 2018 and a 2024 roof, giving the next owner a solid foundation to work from. The property has been owned by the same family since 1973, and they are ready to pass it on to the right buyer.The large lot is zoned for multifamily use, offering excellent potential for an investor looking to maximize the property. There may also be a possibility of adding an ADU or additional dwelling in the rear, subject to buyer research, permitting, zoning requirements, and approval by the City of Clearwater. Buyers are encouraged to independently verify all zoning, development, rental, and building requirements with the appropriate authorities.The seller has wisely priced the property based on its location, physical condition, and current market conditions, creating an opportunity for a buyer who can see beyond the cosmetic work and capitalize on the property's location, lot size, existing duplex configuration, and future potential.Whether you're looking for a Clearwater investment property, multifamily income property, house-hacking opportunity, renovation project, or long-term rental, this property is worth a closer look.Come check it out and bring your vision! This property has been part of one family's story for more than 50 years and is ready for its next chapter.