3166 DOWNING STREET, Clearwater, FL 33759
Duplex - CLEARWATER, FL
- Added:
- Oct 1, 2025
- Days on Market:
- 275
- Last Refresh:
- Jul 2 at 11:06 am
Property Features for 3166 DOWNING STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Garage, Garage - Attached
- Interior features
- Ceiling Fans(s)
- Exterior features
- Fence, Sidewalk, Sliding Doors
- Fencing
- Fenced
- Standard status
- Active
- APN
- 16-29-16-03429-000-0050
- Size
- 1,996 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5561
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1974
- Number of units
- 2
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent William Lolly License #3328677 (813) 966-7446
Listing office KELLER WILLIAMS TAMPA CENTRAL 1208 E Kennedy Blvd, Tampa, FL (813) 865-0700
Listing date Oct 1, 2025
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.
HighLights
- Prime Clearwater location with convenient access to downtown, beaches, shopping, and dining via St Rd 60
- Two updated 2‑bedroom, 1‑bathroom units, ideal for owner‑occupants or investors
- Gourmet kitchens in both units feature stainless steel appliances, quartz countertops, and white shaker cabinets
- Each unit includes a 1‑car garage with laundry hookups
- Shared fenced backyard providing privacy and space for outdoor activities
- Move‑in ready condition with laminate flooring and fresh paint throughout
Overview
The property is located near St Rd 60 in Pinellas County, offering convenient access to downtown Clearwater, beaches, shopping, and dining. The shared outdoor area is enclosed by a fence, creating a degree of privacy and usable space for residents.
For an owner-occupant or investor, the layout provides two separate residences within a single property, with garage parking and in-unit laundry hookups for each unit. The combination of modern kitchen and finish updates, bright interior presentation, and straightforward access to the backyard supports a practical, low-maintenance living setup. Contact for details or to schedule a private tour of the duplex.
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 | $41.9k | $21.00 |
| − Vacancy | −$2.6k | −$1.30 |
| EGI | $39.3k | $19.70 |
| − OpEx | −$11.8k | −$5.91 |
| NOI | $27.5k | $13.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.705768
- Latitude
- 27.963294
