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Well-Maintained Duplex with Garages

1104/1106 AMBLE Lane Clearwater, FL 33755

1104/1106 AMBLE Lane, Clearwater, FL, 33755
$525,000
For Sale
$525,000

MULTI_FAMILY - CLEARWATER, FL

Property Size1,801 SF
Lot Size0.17 Acres
Price / SF$291.50
Days on Market76

Property Features for 1104/1106 AMBLE Lane

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Dining Room, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3
Parking features
Assigned, Open, Driveway, Off Street
Window features
Window Treatments, Blinds, Drapes, Double Pane Windows
Patio and Porch features
Patio
Interior features
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Exterior features
Fence, Private Entrance, Private Mailbox, Private Yard, Sliding Doors
Fencing
Fenced
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
11-29-15-35072-000-0060
Size
1,801 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
HALLMARK SUB LOT 6
Tax Annual Amount
4966

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Window Unit(s), Wall/Window Unit(s), Central Air
Water source
Public

Building Details

Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Shingle
Listing agency CHARLES RUTENBERG REALTY INC
Listed by Chris Sauger · License #3004430
Added: May 8 Updated: Jul 20 at 8:48PM Checked: Jul 22 at 2:06AM
MLS# TB8506423

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.

This well-maintained duplex features two separate units at 1104 and 1106 Amble Lane, each offering two bedrooms. The property includes garages for parking and has been updated with new paint, updated windows and double-pane sliders, and new doors. Interior finishes include tile flooring throughout, along with updated bathrooms and kitchens. Climate control is provided by central AC for both units, with wall units also included as a bonus.

Separate electric and water meters support convenient utility management for investors and owner-occupants. The property is located in Clearwater and positioned for easy access to downtown Clearwater, beaches, shopping, dining, and major commuter routes.

With two furnished units and a layout designed for independent living, this duplex can support either owner-occupancy with rental income or a straightforward addition to an income-focused portfolio.

Key Highlights

  • Well‑maintained duplex at 1104 & 1106 Amble Lane with two 2‑bedroom units and garages
  • Separate electric and water meters for each unit
  • Central AC in both units, with additional wall/window unit cooling

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 $37.8k $21.00
− Vacancy −$2.3k −$1.30
EGI $35.5k $19.70
− OpEx −$10.6k −$5.91
NOI $24.8k $13.79
1,801 SF · lease $21.00/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$354.9K
$310.5K – $414.0K (±1% cap)
NOI $24,841 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$317.5K
$277.9K – $370.5K (±1% cap)
NOI $22,228 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$505.3K
$442.1K – $589.5K (±1% cap)
NOI $35,370 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Real Estate Agency Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offering two 2-bedroom units with garages, updated interiors, and separate electric and water meters.
Where is this duplex located?
The property is located at 1104/1106 AMBLE Lane Clearwater, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Well‑maintained duplex at 1104 & 1106 Amble Lane with two 2‑bedroom units and garages; Separate electric and water meters for each unit; Central AC in both units, with additional wall/window unit cooling
Contact an agent
More about this property
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