For Sale

Listed by Michele Tortorici

Source: Stellar MLS #U8162587

2878 Whitney Road, Pinellas County, FL, 33760

$755,000

3480 sq. ft.
17023 sq. ft.

Duplex

30+ days on the market

What's around 2878 Whitney Road

About this property

Multiple Income Stream Options Here!! This turn-key triplex property located in the popular vacation destination town of Clearwater, Florida, is primed to provide SOLID INCOME STREAM via multiple scenarios ? Airbnb, or annual rentals, or owner occupy one unit and rent two units. Either way, this property is poised to generate significant income. Located just 2.4 miles from the St. Pete/Clearwater International Airport, and 10 miles from the sugar sand beach, restaurants and nightlife of Clearwater Beach, yet tucked in a quite residential area with quick access to US Hwy 19. This area of Clearwater is unincorporated. The Airbnb POSSIBILITIES ARE ENDLESS!! Each 2 BR/2BA unit could sleep 6 to 8 or rent the entire property to large groups for special events. The ADDITIONAL VACANT LOT SPACE could easily be renovated into amenity space for guests. Nearby 2BR/1BA AirBnB properties are receiving $185/night and up! This turn-key triplex has been very well maintained and the major updates have been done - NEW ROOF June 2021, NEW EXTERIOR PAINT April 2022, (3) NEW WATER HEATERS 2021, (3) NEW DISHWASHERS 2020, RE-SEALED AND STRIPED ASPHALT PARKING lot with assigned parking for 6 vehicles, April 2022. Each unit is a spacious 1,120 square feet 2-BR, 2-BA with an OPEN FLOOR PLAN AND VAULTED CEILINGS, CERAMIC TILE THROUGHOUT. Photos are of one unit, but all units have the same floorplan, and all are in EXCELLENT CONDITION. Master bedroom suites with updated bathrooms, granite countertops, large walk-in closets, 2nd closets. Units were updated in 2014 and all new electrical panels were installed in 2014. Inside laundry closets with WASHERS & DRYERS INCLUDED. Each unit has a COVERED ENTRY and sliding glass doors leading to an OPEN REAR PATIO. But wait?. MORE INCOME POTENTIAL!! This triplex is situated on an OVERSIZED.39-ACRE LOT. Already zoned for two to four units, this triplex COULD EASILY BE EXPANDED INTO A QUAD. Seller has cleared and maintained the property extremely well, including quarterly pest control service throughout ownership. Current tenants pay below market rents, one on a month-to-month basis, other leases EXPIRING WITHIN 3-9 MONTHS. Estimated potential gross income of $72,000 is based on market rents at $2000, but could be higher. Tenants pay utilities and units are separately metered. Rent includes trash and lawn care. Showings by appointment only. Listing Agent must accompany. Please do not walk the property or disturb the tenants. Signed Covid acknowledgment and POF required for showings.

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