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Fully Furnished Two-Unit Income Property

1466 LAURA Street Clearwater, FL 33755

1466 LAURA Street, Clearwater, FL, 33755
$499,000
For Sale
$499,000

MULTI_FAMILY - CLEARWATER, FL

Property Size1,423 SF
Lot Size0.14 Acres
Price / SF$350.67
Days on Market53

Property Features for 1466 LAURA Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3
Interior features
Ceiling Fans(s), Open Floorplan
Exterior features
Private Yard, Sidewalk
Appliances
Dryer, Range, Refrigerator, Washer
Standard status
Active
APN
14-29-15-38736-002-0330
Size
1,423 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
HIGHLAND GROVES BLK B, LOTS 33 AND 34
Tax Annual Amount
5180

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1926
Floors in Building
1
Flooring type
Hardwood
Building materials
Vinyl Siding
Roof type
Shingle
Listing agency COMPASS FLORIDA LLC
Listed by Kim Meredith-Hampton · License #261015298
Added: Jun 1 Updated: Jul 20 at 9:00PM Checked: Jul 23 at 9:06AM
MLS# TB8514528

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 turnkey two-unit income property includes a fully furnished 3-bedroom, 1-bath main home and a detached, fully furnished 1-bedroom, 1-bath cottage. The main residence features a fully equipped kitchen, spacious living and dining areas, three bedrooms, and a full bathroom. The detached cottage offers a kitchen, comfortable living area, private bedroom, full bath with tub/shower combination, and a dedicated workspace.

Both the main home and cottage are sold fully furnished and include their own washer and dryer, with separate fenced backyards for privacy. New roofs are noted for both structures.

Located in Clearwater’s East Gateway District, the property is described as just minutes from Clearwater Beach and provides convenient access to Downtown Clearwater, downtown St. Petersburg, and nearby airports including Tampa International Airport and St. Pete–Clearwater International Airport. The listing also notes the home is just blocks from Gulf-to-Bay Boulevard.

Key Highlights

  • Main home: 3‑bedroom, 1‑bath with approximately 1,423 SF, fully furnished, with central heating and central air.
  • Detached cottage: 1‑bedroom, 1‑bath with approximately 600 SF, fully furnished, with central heating and central air.
  • Separate fenced backyards for the main home and detached cottage, offering privacy for each residence.

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 $29.9k $21.00
− Vacancy −$1.8k −$1.30
EGI $28.0k $19.70
− OpEx −$8.4k −$5.91
NOI $19.6k $13.79
1,423 SF · lease $21.00/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$280.4K
$245.3K – $327.1K (±1% cap)
NOI $19,627 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$250.9K
$219.5K – $292.7K (±1% cap)
NOI $17,563 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$399.2K
$349.3K – $465.8K (±1% cap)
NOI $27,946 @ 7.0% cap · market cap 5.60%
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

Locksmith Catering Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Supermarket Clothing & Fashion Store Arcade & Gaming Center

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

FAQs

What type of property is this?
Duplex - Turnkey main 3BR/1BA with furnished detached 1BR/1BA cottage, each with washer/dryer and fenced backyard.
Where is this duplex located?
The property is located at 1466 LAURA Street 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: Main home: 3‑bedroom, 1‑bath with approximately 1,423 SF, fully furnished, with central heating and central air.; Detached cottage: 1‑bedroom, 1‑bath with approximately 600 SF, fully furnished, with central heating and central air.; Separate fenced backyards for the main home and detached cottage, offering privacy for each residence.
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