612 S LINCOLN AVENUE
Clearwater, FL 33756
$475,000
Don't pass this up! Here is a rare investment opportunity for a duplex in Clearwater, Florida. This solidly built block structure is in an X flood zone, though a small corner of the property is in an AE zone. This duplex features two large dwellings, a three bedroom, and a two bedroom. Both units have been updated with pristine and durable tile floors, new kitchen and bathroom cabinets, stone counters, and stainless steel appliances. Each unit also has their own laundry room with ample room for extra storage. Proforma rents (previous rates) are $1,500 and $1,800 for the 2/1 and 3/1 respectively. Hurry up and don't let this 6.9 CAP Rate property slip by.
Listing Courtesy of: DALTON WADE INC
888-668-8283
| Listing Id: | TB8493976 |
|---|---|
| List Price: | $475,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 2 |
| Living Area: | 1,720 |
| Tax Annual Amount: | $5,591 |
| Lot Size Square Feet: | 6,495 |
| Lot Size Acres: | 0.15 |
| Waterfront?: | No |
| City: | Clearwater |
| County Or Parish: | Pinellas |
| Subdivision Name: | Lembo Sub |
| Postal Code: | 33756 |
| Year Built: | 1963 |
| Bathrooms Total Integer: | 2 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Block |
| Cooling: | Central Air |
| Directions: | From Gulf-to-Bay BLVD, turn S onto S. Lincoln Ave. Property will be on your right in 0.2 mi. |
| Exterior Features: | Private Mailbox |
| Heating: | Electric |
| Interior Features: | Kitchen/Family Room Combo, Stone Counters, Thermostat |
| Laundry Features: | Laundry Room |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.15 |
| Lot Size Dimensions: | 84x76 |
| Postal Code Plus4: | 5961 |
| MLS Area Major: | 33756 - Clearwater/Belleair |
| MLS Area Major: | 33756 - Clearwater/Belleair |
| Original List Price: | $499,000 |
| Parcel Number: | 15-29-15-51066-000-0120 |
| Pets Allowed: | Yes |
| Township: | 29 |
| Road Surface Type: | Asphalt |
| Roof: | Built-Up |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 15 |
| Public Survey Section: | 15 |
| Additional Lease Restrictions: | Per City of Clearwater |
| Alternate Key Folio Num: | 152915510660000120 |
| Annual Net Income: | 34668.00 |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Calculated List Price By Calcula: | 276.16 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8493976?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8493976?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X500* |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0108J |
| Green Verification Count: | 0 |
| Lease Restrictions Yn: | Yes |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 159.79 |
| Lot Size Square Meters: | 603 |
| Minimum Lease: | 1 Month |
| Num Of Own Years Prior To Lse: | 0 |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 1 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association 2 Yn: | 0 |
| Attribution Contact: | 888-668-8283 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-04-03 |
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Property Last Updated: October 20, 2026 11:04 PM - ET
