15717 MORGAN STREET Clearwater, FL 33760
Duplex - CLEARWATER, FL
Property Features for 15717 MORGAN STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-4
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Carport
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Standard status
- Active
- APN
- 32-29-16-29250-001-0240
- Size
- 1,664 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5981
Utilities
- Heating system
- Ductless (Heating), Electric (Heating)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1980
- Number of units
- 1
- Building materials
- Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Melissa Brashier License #3557497 (317) 670-9149
Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL (877) 366-2213
Listing date May 29, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Clearwater, Florida (Pinellas County) and identified under zoning R-4, the property is described as offering convenient access to major highways, airports, shopping, dining, and Gulf beaches. The address is 15717 Morgan Street, Clearwater, FL 33760.
For investors, the occupied unit can provide immediate rental income while the vacant unit offers the opportunity to bring a new tenant on board. For owner-occupants, the layout supports a live-in-and-rent approach, with the option to occupy one unit and rent the other. With one unit already available, the property may also simplify timing for move-in or leasing plans as compared with homes where both units are fully leased.
Key Highlights
- Duplex built in 1980 with two 3‑bedroom, 1‑bath units
- One unit currently occupied for immediate rental income; second unit is vacant
- Living room/dining room combo and ceiling fans in the units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.9k | $21.00 |
| − Vacancy | −$2.2k | −$1.30 |
| EGI | $32.8k | $19.70 |
| − OpEx | −$9.8k | −$5.91 |
| NOI | $23.0k | $13.79 |
