Vacant 3BR/1BA Duplex with
1173 GRANADA STREET Clearwater, FL 33755
1173 GRANADA STREET, Clearwater, FL, 33755
$618,000
For Sale
$618,000
Duplex - CLEARWATER, FL
Property Size2,064 SF
Lot Size0.15 Acres
Price / SF$299.42
Days on Market36
Property Features for 1173 GRANADA STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Carport, Covered, Off Street
- Interior features
- Ceiling Fans(s)
- Exterior features
- Private Mailbox, Sidewalk
- Appliances
- Dishwasher, Washer
- Standard status
- Active
- APN
- 03-29-15-47430-005-0040
- Size
- 2,064 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4389.21
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1968
- Number of units
- 1
- Flooring type
- Laminate
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
STONEBRIDGE REAL ESTATE CO
(727) 443-5000
33 N Garden Avenue, Suite 120, Clearwater, FL
Listed by
Patrick Murray · License #3114144
(727) 692-1100
Added: Jun 12 Checked: Jul 17 at 7:06 am
MLS# TB8518306
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.
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, each configured as 3 bedrooms and 1 bathroom. Both units are currently vacant, allowing for straightforward re-occupancy planning or immediate updates prior to new tenants or buyers. A carport is available with parking for two cars, supporting day-to-day convenience for residents.
The property is located next to the Pinellas Trail bike path in Clearwater, Florida. The setting provides direct adjacency to a well-known pedestrian and bicycle corridor, which can be a practical amenity for tenants who value outdoor access and walkable recreation nearby.
With both sides vacant, the duplex can fit buyers seeking an owner-occupied option or investors looking for a property with no internal tenant coordination required at the moment. The consistent unit layout across both residences may also simplify future leasing or maintenance planning. If you are evaluating residential income property ownership, this duplex presents a clean, repeatable 3BR/1BA configuration with on-site carport parking and direct proximity to the Pinellas Trail.
The property is located next to the Pinellas Trail bike path in Clearwater, Florida. The setting provides direct adjacency to a well-known pedestrian and bicycle corridor, which can be a practical amenity for tenants who value outdoor access and walkable recreation nearby.
With both sides vacant, the duplex can fit buyers seeking an owner-occupied option or investors looking for a property with no internal tenant coordination required at the moment. The consistent unit layout across both residences may also simplify future leasing or maintenance planning. If you are evaluating residential income property ownership, this duplex presents a clean, repeatable 3BR/1BA configuration with on-site carport parking and direct proximity to the Pinellas Trail.
Key Highlights
- Duplex with two vacant units, each offering 3 bedrooms and 1 bath
- Located next to the Pinellas Trail bike path, with sidewalk access
- Each unit includes central heating and central air conditioning
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 | $43.3k | $21.00 |
| − Vacancy | −$2.7k | −$1.30 |
| EGI | $40.7k | $19.70 |
| − OpEx | −$12.2k | −$5.91 |
| NOI | $28.5k | $13.79 |
2,064 SF · lease $21.00/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$406.7K
$355.9K – $474.5K
NOI $28,469 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$363.9K
$318.4K – $424.6K
NOI $25,474 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$579.1K
$506.7K – $675.6K
NOI $40,535 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with two vacant 3-bedroom, 1-bath units, plus carport parking, located beside the Pinellas Trail bike path.
Where is this duplex located?
The property is located at 1173 GRANADA STREET Clearwater, FL.
What is the asking price?
The asking price for this property is $618,000.
What are key features of this property?
This property features: Duplex with two vacant units, each offering 3 bedrooms and 1 bath; Located next to the Pinellas Trail bike path, with sidewalk access; Each unit includes central heating and central air conditioning
