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Turnkey Duplex with Detached Cottage

1466 LAURA STREET Clearwater, FL 33755

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

Duplex - CLEARWATER, FL

Property Size1,423 SF
Lot Size0.14 Acres
Price / SF$350.67
Days on Market46

Property Features for 1466 LAURA STREET

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Interior features
Ceiling Fans(s), Open Floorplan
Exterior features
Private Yard, Sidewalk
Appliances
Dryer, Range, Refrigerator
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 Annual Amount
5180

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1926
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency COMPASS FLORIDA LLC
200 Central Ave, FL, FL
Listed by Kim Meredith-Hampton · License #601196
Added: Jun 1 Checked: Jul 16 at 6:06 pm
MLS# TB8514528 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 turnkey duplex features a 3-bedroom, 1-bath main home plus a detached 1-bedroom, 1-bath cottage, both sold fully furnished. The main residence includes a fully equipped kitchen and spacious living and dining areas, along with three bedrooms and a full bath, and it is offered with its own washer and dryer. The detached cottage adds a separate living setup with a full kitchen, living area, private bedroom, and a full bath with a tub/shower combination, plus a dedicated workspace. Like the main home, the cottage has its own washer and dryer. Both homes also feature new roofs and separate fenced backyards, supporting privacy and convenience for each residence.

Located in Clearwater’s East Gateway District, the property is just minutes from Clearwater Beach and provides convenient access to Downtown Clearwater, downtown St. Petersburg, Tampa International Airport, and St. Pete-Clearwater International Airport. The remarks also indicate the homes sit just blocks from Gulf-to-Bay Boulevard, putting shopping, dining, entertainment, museums, parks, and Gulf Coast beach access within a short distance.

The dual-living configuration is well suited for an owner-occupant seeking supplemental rental income or for investors wanting two distinct furnished units under one roofline. With kitchens, baths, in-unit laundry, and separate fenced outdoor space already in place for each dwelling, the property can support a range of tenant scenarios, including long-term and mid-term stays.

Key Highlights

  • Fully furnished main home: 3 bedrooms, 1 bath, central heating and central air, with hardwood flooring
  • Detached fully furnished cottage: 1 bedroom, 1 bath, with approx. 600 SF of additional living space
  • Main home approx. 1,423 SF with kitchen, living and dining areas, and dedicated full bath

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 - Furnished 3-bedroom main home plus separate furnished cottage, each with kitchen, bath, washer/dryer, and fenced yards.
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: Fully furnished main home: 3 bedrooms, 1 bath, central heating and central air, with hardwood flooring; Detached fully furnished cottage: 1 bedroom, 1 bath, with approx. 600 SF of additional living space; Main home approx. 1,423 SF with kitchen, living and dining areas, and dedicated full bath
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