15501 61ST STREET, Clearwater, Florida, 33760

Listed by DALTON WADE INC, Carissa White, 253-293-4590, carissa@wregroup.org
$619,990
2,512 Sqft
0.37 Acres
7 bd
3 ba
#TB8538782
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.

PROPERTY FEATURES

  • Utilities : Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Access : 0
  • Sewer : Public Sewer
  • Parking Features : Fence, Private Mailbox, Private Yard, RV Hookup, Sidewalk
  • Exterior Features : Fence, Private Mailbox, Private Yard, RV Hookup, Sidewalk
  • Road Surface Type : Paved
  • Roof : Shingle
  • Zoning : R-4
  • Heating : Central
  • Cooling : Central Air
  • Construction Materials : Stucco
  • Flooring : Luxury Vinyl, Tile
  • Laundry Features : Electric Dryer Hookup, Inside, Washer Hookup
  • Interior Features : Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo
PROPERTY DETAILS
ID: TB8538782
Status: Active
Price: $619,990
Acres: 0.37 Acres
Price Per Acre: $1,675,649
Type: Other
Address: 15501 61ST STREET
City, State: Clearwater, Florida
County: Pinellas
Zip Code: 33760
Lat/Long: 27.913447, -82.718801
Presented By: Carissa White
Phone: 253-293-4590
Email: Click to Contact
Agent
Carissa White
NEARBY PROPERTIES AROUND PINELLAS COUNTY