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Duplex with Detached Guest House
For Sale
$459,000

1466 LAURA Street, Clearwater, FL 33755

Residential Income, CLEARWATER, FL

Property Size1,423 SF
Lot Size0.14 Acres
Price / SF$322.56
Days on Market159

Property Features for 1466 LAURA Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2
Interior features Ceiling Fans(s), Open Floorplan
Exterior features Private Yard, Sidewalk
Appliances Dryer, Range, Refrigerator, Washer
Subdivision HIGHLAND GROVES
Elementary school Skycrest Elementary-PN
Middle school Oak Grove Middle-PN
High school Clearwater High-PN
Directions From St. Pete-Clearwater International Airport (PIE), exit the airport and head north on Roosevelt Blvd (FL-686 W). Merge onto US-19 North toward Clearwater. Continue north and take the Drew Street exit. Turn left onto Drew Street and proceed west. Turn right onto Highland Avenue, then left onto Laura Street. Continue to 1466 Laura St, Clearwater, FL 33755, which will be on your left.
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
Legal Description HIGHLAND GROVES BLK B, LOTS 33 AND 34

Utilities

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

Amenities

private yards

Building Details

Year built 1926
Floors in Building 1
Flooring type Hardwood
Building materials Vinyl Siding
Roof type Shingle
Buildings 2
Listing Agency: COMPASS FLORIDA LLC
Listed By: Kim Meredith-Hampton · License #601196
Added: Jun 1 Changed: Nov 6 Last Checked: Nov 6 at 11:06AM
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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,423-square-foot duplex property includes a front residence and a separate detached house. The front home is updated, and both residences are furnished. Interior features include hardwood flooring and an open floor plan, with central heating and air conditioning. The property has four bedrooms and two bathrooms across the two houses.

The 0.14-acre site includes a private yard for each residence. Public water and public sewer serve the property. Built in 1926, the buildings have vinyl siding and shingle roofing.

Key Highlights

  • Two residences, including a detached house
  • 1,423 square feet on a 0.14‑acre lot
  • Four bedrooms and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,627
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,540 $392.5K
Cap Rate 7%
$280,386 $280.4K
Cap Rate 9%
$218,078 $218.1K
Market Conditions
NOI Build-Up for 1,423 SF
Gross rent
$29.9K $21.00/SF
− Vacancy
−$1.8K −$1.30/SF
EGI
$28.0K $19.70/SF
− OpEx
−$8.4K −$5.91/SF
NOI
$19.6K $13.79/SF
Area
Clearwater, FL
Vacancy
6.17%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,540
Cap Rate 7%
$280,386
Cap Rate 9%
$218,078

Alternative Uses

Best Use
Multifamily LT 5
$280.4K
$245.3K – $327.1K (±1% cap)
NOI $19,627 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$250.9K
$219.5K – $292.7K (±1% cap)
NOI $17,563 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$399.2K
$349.3K – $465.8K (±1% cap)
NOI $27,946 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,449
Businesses Nearby

Demographics for 33755, FL

28,360
Population
11,872
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$59,613
Median Household Income
$36,206
Median Earnings
$1,340
Median Rent
$300,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Clearwater, FL

$265 Jul
$258 Aug
$252 Sep
$314 Oct

Properties on Market for Duplexes in Clearwater

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences offer separate private yards and flexible living arrangements.
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 $459,000.
What are key features of this property?
This property features: Two residences, including a detached house; 1,423 square feet on a 0.14‑acre lot; Four bedrooms and two bathrooms
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