Clearwater Duplex Investment
612 S LINCOLN AVENUE, Clearwater, FL 33756
Duplex - CLEARWATER, FL
Type:Duplex
Property size:
1,720 SFLot size:
0.15 AcresPrice / SF:
$290/SF- Added:
- Apr 3, 2026
- Days on Market:
- 59
- Last Refresh:
- May 31 at 6:06 am
Property Features for 612 S LINCOLN AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Pets allowed
- Yes
- Interior features
- Kitchen/Family Room Combo, Stone Counters, Thermostat
- Exterior features
- Private Mailbox
- Standard status
- Active
- APN
- 15-29-15-51066-000-0120
- Size
- 1,720 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5591.38
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1963
- Number of units
- 2
- Building materials
- Block
- Roof type
- Built-Up
- Architectural style
- Other
Listing agent Cuc Dinh License #3369422 (727) 858-3450
Listing office DALTON WADE INC 260 1st Ave S. Suite 200, St. Petersburg, FL (888) 668-8283
Listing date Apr 3, 2026
MLS# TB8493976
Listing URL
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
- High CAP Rate: Enjoy a 6.9% return on your investment.
- Updated Units: Both units boast new tile floors, kitchen and bathroom cabinets, stone counters, and stainless steel appliances.
- Duplex Structure: Features two separate dwellings (3‑bedroom and 2‑bedroom) for rental income or owner occupancy.
- In‑Unit Laundry: Each unit has its own laundry room with storage space.
- Solid Construction: Built with durable block construction.
- Flood Zone: Property is primarily in an X flood zone.
Overview
This duplex in Clearwater, Florida, presents a rare investment opportunity. The property features a solidly built block structure. A small corner of the property is in an AE flood zone, while the majority of the property is in an X flood zone. The duplex includes two dwellings: a three-bedroom unit and a two-bedroom unit. Both units have been updated with tile floors, new kitchen and bathroom cabinets, stone counters, and stainless steel appliances. Each unit also has its own laundry room with room for extra storage. The property size is 1,720 square feet, situated on a lot of 0.15 acres. Proforma rents are $1,500 for the two-bedroom unit and $1,800 for the three-bedroom unit, resulting in a 6.9 CAP Rate.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.786067
- Latitude
- 27.958444
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Updated duplex in Clearwater, Florida with strong income potential.
Where is this duplex located?
The property is located at 612 S LINCOLN AVENUE Clearwater, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: High CAP Rate: Enjoy a 6.9% return on your investment.; Updated Units: Both units boast new tile floors, kitchen and bathroom cabinets, stone counters, and stainless steel appliances.; Duplex Structure: Features two separate dwellings (3‑bedroom and 2‑bedroom) for rental income or owner occupancy.
