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1479 Franklin Street, 
Clearwater, FL 33755

$153,000


1

Bed


1

Bath


1,024

Sq Ft


Multi-Family

Active

Listed by

Alexander Izikson

Richard Peters Realty LLC.

Last updated:

August 15, 2025, 02:01 PM

MLS#

TB8412141

Source:

MFRMLS

About This Home

1479 Franklin Street

Extremely rare teardown duplex opportunity in one of the fastest-growing pockets of Clearwater. The seller’s relocation offers you the rare chance to secure this multi-family zoned property at less than one-fourth of its estimated ARV. With the front house fire-damaged and the rear unit fully intact and rented month to month, this is the perfect setup for investors ready to bring their big visions to life. So what makes this one so special? 1) Zoned for Multifamily Housing (MFH), offering the potential for huge upside and flexibility to rebuild, expand, and add more units. 2) Front house is severely fire-damaged, ready for a full rehab or tear-down. 3) Rear unit is completely intact and currently rented month-to-month at $900/month. 4) Fantastic location, minutes from downtown Clearwater, Clearwater Beach, Crest Lake Park, and Gulf to Bay Blvd. 5) Lowest price per sq ft in the area for a flip / fixer upper. Whether you're looking to flip, rebuild, and explore adding additional units, this property offers a rare canvas with strong value-add potential. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheets are available. No assignable contracts accepted.

Home Facts

Multi-Family

1 Bath

1 Bedroom

Built in 1950

Price Summary

153,000

$149 per Sq. Ft.

MLS #:

TB8412141

Last Updated:

August 15, 2025, 02:01 PM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Interior

Living Area:

1,024 Sq. Ft.


Structure

Structure

Building Area:

1,314 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

5,502


Finances & Disclosures

Finances

Price:

$153,000

Price per Sq. Ft:

$149 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Richard Peters Realty LLC. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Richard Peters Realty LLC., a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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