For sale
Triplexes
FL
Clearwater
33756
1379 S MARTIN LUTHER KING JR Ave

Three-Unit Triplex Investment

1379 S MARTIN LUTHER KING JR Ave, Clearwater, FL 33756

View on Map

New

For Sale

$445,000

Triplex with three separate residences, all tenant occupied, with lake-facing frontage across from a recreation center.

Type:Investment

HighLights

Triplex (3 separate residences) built in 1940, all tenant occupied—please do not disturb tenants.
Unit mix: 3BR/1BA, 2BR/1BA, and a studio; Unit 2 has been recently remodeled.
Current rents: $1,850/mo (3BR), $1,800/mo (2BR), and $1,100/mo (studio).
Lake‑facing frontage with Lake Bellevue across the street.
Across the street from Ross Norton Recreation Center and Ed C. Wright Park.
WalkScore 70 (somewhat walkable) and Bikeable with bikeScore 60.

We can help!

Listing Contact

Jim McPeak

Learn more

For Sale

$445,000

Triplex with three separate residences, all tenant occupied, with lake-facing frontage across from a recreation center.

Type:Investment

Added:: Jun 14, 2026
Days on Market:: 4
Last Refresh:: Jun 16 at 4:16 am

Property Features for 1379 S MARTIN LUTHER KING JR Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1940

We can help!

Listing Contact

Jim McPeak

Listing agent Jim McPeak License #472936

Listing office McPeak Real Estate Firm, Inc.

Listing date Jun 14, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of McPeak Real Estate Firm, Inc.

HighLights

Triplex (3 separate residences) built in 1940, all tenant occupied—please do not disturb tenants.
Unit mix: 3BR/1BA, 2BR/1BA, and a studio; Unit 2 has been recently remodeled.
Current rents: $1,850/mo (3BR), $1,800/mo (2BR), and $1,100/mo (studio).
Lake‑facing frontage with Lake Bellevue across the street.
Across the street from Ross Norton Recreation Center and Ed C. Wright Park.
WalkScore 70 (somewhat walkable) and Bikeable with bikeScore 60.

Overview

This for-sale triplex includes three separate units configured as a 3-bedroom/1-bath, a 2-bedroom/1-bath, and a studio. Two of the units are currently leased and occupied, and the third unit is also leased. Unit 2 (2 bed/1 bath) has been recently remodeled. The property is set up as a straightforward, small multi-family investment with independent residential layouts for multiple tenant households.

The building is conveniently located between downtown Clearwater and Belleair. It faces Lake Bellevue and is directly across from Ross Norton Recreation Center and Ed C. Wright Park, with a park also on the other side of the street. Bike and walk scores are listed as 60 (Bikeable) and 70 (Somewhat Walkable), with a transit score of 34 (Some Transit).

This property is best suited for buyers seeking a tenant-occupied triplex with diversified unit mixes across three separate homes. Note that the units are currently leased and occupied, so please do not disturb tenants. Showings and underwriting should be coordinated with respect to tenant schedules.

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Clearwater
County: Pinellas
State: Florida
Longitude: -82.7913917
Latitude: 27.9469183

Nearby Similar for Sale

$1,776,000

9,600 SF

First-Floor Office Condo Suites

Contiguous first-floor office condominium space with multiple office, meeting, and support rooms within Druhill Professional Center.

611 DRUID ROAD E, CLEARWATER, FL 33756

View Details
$659,000

2,665 SF

Clearwater Office on US Highway

Versatile commercial office suite in a high-traffic Clearwater location.

28960 US HIGHWAY 19 N, CLEARWATER, FL 33761

View Details
$6,999,900

8,335 SF

Two-Story Office Building with Parking

Modern two-story office building with multiple conference and private offices, plus abundant on-site parking.

19995 US HIGHWAY 19 N, CLEARWATER, FL 33764

View Details
$1,950,000

9,496 SF

Renovated Commercial Building in Clearwater

Turnkey commercial building with flexible layout and high-traffic location.

1710 N FORT HARRISON AVENUE, CLEARWATER, FL 33755

View Details
$1,200,000

7,599 SF

Clearwater Stand Alone Office Building

Adaptable 7,599 sq ft building with 25 parking spaces.

1610 N MYRTLE AVENUE, CLEARWATER, FL 33755

View Details
$2,200,000

9,799 SF

Clearwater Mixed-Use Development Opportunity

2.7-acre parcel in active commercial corridor with development flexibility.

11400 US HIGHWAY 19 N, CLEARWATER, FL 33764

View Details
$1,249,000

3,633 SF

Clearwater Multifamily Investment Opportunity

Six-unit multifamily property in Clearwater with strong cash flow.

1102 SUNSET POINT ROAD, CLEARWATER, FL 33755

View Details
$1,450,000

14,252 SF

Clearwater Office Building For Sale

Versatile commercial property in Clearwater with flexible office configurations.

1253 PARK STREET, CLEARWATER, FL 33756

View Details
$1,375,000

3,561 SF

Clearwater Commercial Building For Sale

Freestanding building suitable for office, medical, or retail use.

1201 S MYRTLE AVENUE, CLEARWATER, FL 33756

View Details
$6,000,000

22,086 SF

Iconic Office Building For Sale

Landmark office building in Clearwater, Florida, with diverse businesses.

1465 S FORT HARRISON AVENUE, CLEARWATER, FL 33756

View Details
$1,200,000

3,515 SF

Clearwater Office Property on Harrison

Two office buildings totaling 3,515 SF in Clearwater, Florida.

908 S FORT HARRISON AVENUE, CLEARWATER, FL 33756

View Details
$2,499,000

11,000 SF

Warehouse and Office with Storage

Turnkey three-building property combining warehouse, renovated office space, and secured self-storage units for owner-operators and tenants.

1453 S MARTIN LUTHER KING JR AVENUE, CLEARWATER, FL 33756

View Details

For sale
Triplexes
FL
Clearwater
33756
1379 S MARTIN LUTHER KING JR Ave

What type of property is this?

Triplex - Triplex with three separate residences, all tenant occupied, with lake-facing frontage across from a recreation center.

Where is this triplex located?

The property is located at 1379 S MARTIN LUTHER KING JR Ave Clearwater, FL.

What is the asking price?

The asking price for this property is $445,000.

What are key features of this property?

This property features: Triplex (3 separate residences) built in 1940, all tenant occupied—please do not disturb tenants.; Unit mix: 3BR/1BA, 2BR/1BA, and a studio; Unit 2 has been recently remodeled.; Current rents: $1,850/mo (3BR), $1,800/mo (2BR), and $1,100/mo (studio).