1402 N Garden AVENUE, Clearwater, FL, 33755 | $559,000

Nestled in the heart of the vibrant coastal community of Clearwater, Florida, this remarkable triplex presents a unique opportunity for both investors and homeowners seeking an idyllic slice of paradise. With its prime location, spacious layout, and potential for rental income, this property embodies the essence of Florida living at its finest. **Key Features: ** 1. **Prime Location: ** Situated in the highly sought-after city of Clearwater, this triplex enjoys the benefits of Florida's year-round sunshine and easy access to some of the world's most renowned beaches. Clearwater Beach, with its sugar sands and azure waters, is just a short drive away, making it a perfect destination for relaxation and leisure. 2. **Investment Potential: ** With three individual units, this triplex offers an outstanding opportunity for generating rental income. Whether you're an investor looking for a reliable income stream or a homeowner seeking to offset your mortgage, this property's income potential is a significant selling point. 3. **Spacious Layout: ** Each of the three units boasts a generous floor plan designed for comfortable living. High ceilings, abundant natural light, and open living spaces create an inviting atmosphere that residents will adore. 4. **Modern Amenities: ** The triplex has been updated with modern amenities to ensure a comfortable and convenient lifestyle. Upgraded kitchens, modern appliances, and stylish finishes make these units move-in ready for tenants or homeowners. 5. **Outdoor Oasis: ** A well-maintained outdoor space provides residents with the opportunity to enjoy Florida's outdoor lifestyle. Whether it's relaxing on the patio, barbecuing with friends, or simply basking in the sun, the outdoor area adds value to this already exceptional property. 6. **Local Attractions: ** Clearwater is renowned for its thriving cultural scene, excellent dining options, and a myriad of outdoor activities. From boating and fishing to art galleries and music festivals, there's always something exciting happening in the area. 7. **Convenient Access: ** Clearwater offers excellent connectivity, with Tampa International Airport just a short drive away. Additionally, the property's location provides easy access to major highways, making it convenient to explore the entire Tampa Bay area. Don't miss this chance to own a piece of paradise in Clearwater, Florida. Whether you're looking for a lucrative investment or a spacious home with rental income potential, this triplex is a rare find that embodies the essence of the Florida lifestyle. Act quickly, as properties like this are in high demand in this thriving coastal community. Schedule a viewing today and experience the allure of Clearwater living for yourself!

Features

  • Units: 3
  • Lot Size: 47 x 116
  • Laundry: Inside
  • Year Built: 1921
  • Heating: Electric
  • Cooling: Mini-Split Unit(s)
  • Approx Sq. Feet: 1,760
  • Acreage: 0.13
  • Lot Size: 47 x 116
  • Est. Taxes: $3,029
  • Appliances: Convection Oven, Dishwasher, Microwave, Refrigerator
  • MLS#: TB8350362
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/TB8350362/1402ngardenavenue_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/9/2025 9:36:34 AM)
Listing courtesy of VINE REAL ESTATE ADVISORS   Phone: 813-833-4396

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1402 N Garden AVENUE, Clearwater, FL, 33755

$559,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $447,200 $447,200 $447,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.050% 6.152%
Monthly Tax Payment $252 $252 $252
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,790 $2,938 $3,744
Total Monthly Payment $3,134 $3,282 $4,088

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.