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    Duplex with Two 3BR Units Title is generated by Realmo AI

    15717 MORGAN STREET, Clearwater, FL 33760

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    For Sale
    $399,000

    Duplex - CLEARWATER, FL

    Type:Duplex
    Property size:
    1,664 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $239/SF
    Added:
    May 29, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 30 at 4:06 am

    Property Features for 15717 MORGAN STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R-4
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Carport
    Interior features
    Ceiling Fans(s), Living Room/Dining Room Combo
    Standard status
    Active
    APN
    32-29-16-29250-001-0240
    Size
    1,664 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5981

    Utilities

    Heating system
    Ductless (Heating), Electric (Heating)
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1980
    Number of units
    1
    Building materials
    Concrete, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Melissa Brashier

    Listing agent Melissa Brashier License #3557497

    Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

    Listing date May 29, 2026

    MLS# TB8514141 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.

    HighLights

    • Duplex built in 1980 with two 3‑bedroom, 1‑bath units
    • One unit currently occupied for immediate rental income; second unit is vacant
    • Living room/dining room combo and ceiling fans in the units
    • Central air plus ductless and electric heating systems
    • Carport parking and shingle roof
    • Concrete and stucco construction

    Overview

    This duplex includes two spacious 3-bedroom, 1-bath units within a residential income property configuration. According to the listing remarks, one unit is currently occupied, while the second unit is vacant and ready for a new tenant or for personal use. The property sits on a lot of 0.26 acres, with a total property size of 1,664 square feet.

    Located in Clearwater, Florida (Pinellas County) and identified under zoning R-4, the property is described as offering convenient access to major highways, airports, shopping, dining, and Gulf beaches. The address is 15717 Morgan Street, Clearwater, FL 33760.

    For investors, the occupied unit can provide immediate rental income while the vacant unit offers the opportunity to bring a new tenant on board. For owner-occupants, the layout supports a live-in-and-rent approach, with the option to occupy one unit and rent the other. With one unit already available, the property may also simplify timing for move-in or leasing plans as compared with homes where both units are fully leased.

    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 $34.9k $21.00
    − Vacancy −$2.2k −$1.30
    EGI $32.8k $19.70
    − OpEx −$9.8k −$5.91
    NOI $23.0k $13.79
    1,664 SF · lease $21.00/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $327.9K
    $286.9K – $382.5K (±1% cap)
    NOI $22,952 @ 7.0% cap · market cap 5.75%
    Second Best
    Apartment 5plus
    $293.4K
    $256.7K – $342.3K (±1% cap)
    NOI $20,537 @ 7.0% cap · market cap 5.15%
    Theoretical Best
    Office A
    $466.8K
    $408.5K – $544.7K (±1% cap)
    NOI $32,679 @ 7.0% cap · market cap 8.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.716201
    Latitude
    27.915194

    FAQs

    What type of property is this?
    Duplex - Duplex featuring two 3-bedroom, 1-bath units, with one occupied and one ready for a new tenant.
    Where is this duplex located?
    The property is located at 15717 MORGAN STREET Clearwater, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Duplex built in 1980 with two 3‑bedroom, 1‑bath units; One unit currently occupied for immediate rental income; second unit is vacant; Living room/dining room combo and ceiling fans in the units
    More about this property
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