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CLEARWATER, FL 33756 1379 S MARTIN LUTHER KING JR AVENUE

1379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 11379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 21379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 3
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1379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 41379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 51379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 61379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 71379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 81379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 91379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 101379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 111379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 121379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 131379 S MARTIN LUTHER KING JR AVENUE CLEARWATER, FL - Image 14
Presented By: BLAKE REAL ESTATE INC with 727-359-0388. - 727-359-0388
  • MLS# TB8447196
  • 11/13/2025
  • Request Tour
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  • Beds • 5
  • Baths • 3
  • SQFT • 1,603

Home Details

Triplex Investment Opportunity in a prime location between downtown Clearwater and Belleair This rare triplex presents a cash flow opportunity for investors. Conveniently situated between downtown Clearwater and Belleair, the property boasts a superb location facing Lake Belleview and is directly across from Ross Norton Recreation Center and Ed C. Wright Park. A short drive will take you to some of the best beaches in the US at Clearwater, Belleair Beach, Indian Rocks Beach to name a few. The triplex is currently fully rented and ready for a new owner to benefit from its steady income with a CAP rate of ~8.7 calculated with the current rents, expenses and the asking price. It consists of three separate units: • Unit 1: 3 bedrooms, 1 bathroom — currently leased and occupied at $1,700 per month. • Unit 2: 2 bedrooms, 1 bathroom — leased and occupied at $1,800 per month. This unit has been recently remodeled. • Unit 3: Studio — leased at $1,100 per month. Recent Property Updates • Roof replaced in 2021 • A/C replaced in 2021 Contact your agent today to schedule a showing! Appointment Only ***Do Not Disturb Tenants**
Presented By: BLAKE REAL ESTATE INC with 727-359-0388. - 727-359-0388

Interior Features for 1379 S MARTIN LUTHER KING JR AVENUE

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresnone

General for 1379 S MARTIN LUTHER KING JR AVENUE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Cityclearwater
Construction Materialswood frame
Coolingcentral air, wall/window unit(s)
Countypinellas
Directionsfrom s. missouri ave. turn west on lakeview and then s. on s. martin luther king ave. the property is on your left opposite the lake.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income55200
HOANo
Heatingelectric
Land Lease Y/NNo
Legal Descriptionlakeview heights blk f, lot 8
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet5314
Lot Size Unitssquare feet
MLS Area33756 - clearwater/belleair
New ConstructionNo
Number Of Units Total3
Ownershipfee simple
Property Subtypetriplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelakeview heights
Tax Annual Amount7484.52
Tax Lot8
Tax Year2024
Tenant Payselectricity
Utilitiesstreet lights
Water Access Y/NNo
Water View Y/NNo
Year Built1940

Exterior for 1379 S MARTIN LUTHER KING JR AVENUE

Exterior Amenitiesother
Foundation Detailspillar/post/pier
Lot Dimensions50 x 103
Lot Size Acres0.12
Lot Size Area5314
Number of Buildings1
Private PoolNo
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $449,000
MLS#TB8447196
List Date 11/13/2025
Property Type Income
Phone 407.574.0218
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