$625,000
1500 LEO LANE E
CLEARWATER, FL, 33755
Don’t Miss this Triplex in the Heart of Clearwater! Central location .Close to schools. Great rental history with long term tenants in place .Lease one expires 7-30-2025 .Lease two is on month to month presently and lease three expires 10-30-2025. Rents are lower than market but new owner can adjust all leases to market rents immediately for the one unit and 2-4 months for the remaining two. The property has been updated with a new dimensional roof in 2023,New underground main power line from Power pedestal to house meters,2022, New Kitchens in two units 2022 with new cabinets , refrigerators and stoves. Two baths cabinets and toilets updated 2022 . All A/cs have been replaced 1 – 2017, 1 – 2022 and 1 2024. Fresh paint inside and out 2023. Repaved Parking lot with 6 spaces 2023. The third unit has not been updated as the tenants have been there 10 years and no opportunity to update . This is a well maintained property with quick upside to market rents.
Property Details
Price:
$625,000
MLS #:
TB8394503
Status:
Active
Beds:
6
Baths:
3
Address:
1500 LEO LANE E
Type:
Multi Family
Subtype:
Triplex
Subdivision:
SKYCREST GREENS ADD
Neighborhood:
33755 – Clearwater
City:
CLEARWATER
Listed Date:
Jun 7, 2025
State:
FL
Finished Sq Ft:
2,675
ZIP:
33755
Lot Size:
8,250 sqft / 0.19 acres (approx)
Year Built:
1973
Units:
3
Schools
Elementary School:
Skycrest Elementary-PN
Middle School:
Dunedin Highland Middle-PN
High School:
Clearwater High-PN
Interior
Cooling
Central Air
Heating
Central, Electric
Laundry Features
Electric Dryer Hookup, Inside, Washer Hookup
Exterior
Construction Materials
Block, Concrete
Exterior Features
Courtyard, Fenced, Irrigation System, Sliding Doors, Storage
Roof
Shingle
Financial
Tax Year
2024
Taxes
$6,575
Mortgage Calculator
Map
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1500 LEO LANE E
CLEARWATER, FL
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