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15501 61st St N, Clearwater, Florida 33760

  • $679,990
  • $689,990
15501 61ST N STREET, Clearwater, FL 33760
Active For Sale
15501 61st St N, Clearwater, Florida 33760
15501 61ST N STREET, Clearwater, FL 33760
  • $679,990
  • $689,990

Overview

Property ID: HZTB8538782
  • Triplex, Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 2791
  • Sqft
  • 1956
  • Year Built

Description

INVESTOR SPECIAL — fully remodeled TRIPLEX plus rentable RV pad on an oversized 0.37-acre double lot in unincorporated Pinellas County: no HOA, and short-term rentals ARE permitted. Income starts the day you close — an occupied unit paying $1, 850/month plus the seller’s offered 12-month leaseback at $1, 550/month puts $3, 400/month in place at closing, before a single new lease is signed. The rest of the upside is yours to switch on: the recently vacant 2/1 (last rented July-2027 for $1, 700) is rent-ready against a $2, 020 HUD Fair Market Rent, the occupied unit sits 28% below its $2, 580 FMR, and the RV pad adds about $900/month once simple power and water hookups are completed. Fully leased, scheduled rents reach about $7, 050/month ($84, 600/year) — pro forma NOI of approximately $61, 600/year, an 8.8% cap rate at list price. The heavy lifting is done: roof 2018 and solar 2021, both permitted on public record, plus fully remodeled interiors — tile floors, updated kitchens with granite island, updated baths — across two concrete-block buildings, 2, 512 heated SF. Three self-contained units (a 2BR plus bonus room where one closet creates a legal third bedroom, and two 2/1s), each with central A/C and separately metered water and electric — tenants pay their own utilities. Total remaining scope roughly $0–10K: add the closet and barn door that finish the bonus room as a true third bedroom — making that unit a genuine 3/1 — and complete the simple power and water hookups for the RV pad. Minutes from US-19, St. Pete–Clearwater International Airport, downtown Clearwater, and the Gulf beaches, with deep rental demand across every strategy: buy-and-hold, DSCR buyers, house-hackers living in one unit while the others pay the mortgage, short-term rental operators, or 1031 exchange. Some exterior photos were taken prior to the 2021 solar panel installation.

  • Address 15501 61ST N STREET
  • City Clearwater
  • State/county FL
  • Zip/Postal Code 33760
  • Country US

Details

Updated on September 21, 2026 at 2:21 am
  • Property ID: HZTB8538782
  • Price: $679,990
  • Property Size: 2791 Sqft
  • Land Area: 0.37 Acres
  • Bedrooms: 7
  • Bathrooms: 3
  • Year Built: 1956
  • Property Type: Triplex, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Roof: Shingle
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Luxury Vinyl, Tile
  • County: Pinellas
  • Property Type: Residential Income
  • Parking: Parking Pad, RV Access/Parking
  • Elementary School: High Point Elementary-PN
  • Middle School: Fitzgerald Middle-PN
  • High School: Pinellas Park High-PN

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