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Fully Occupied Quadplex 1267 Franklin St 4 Unit Apartment Building $899,000 ($224,750/Unit) Clearwater, FL 33756

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INVESTMENT HIGHLIGHTS

  • long-term tenants

EXECUTIVE SUMMARY

Exceptional opportunity to own a fully occupied 4-unit income-producing property in a high demand rental area just minutes from Clearwater Beach and the vibrant Cleveland Street District. This maintained building features a mix of long-term tenants and updated interiors and central A/C in 3 of 4 units, with additional window units in the larger spaces for added comfort. The property boasts several newer windows (replaced in 2014–2015) Ample storage space on each level adds bonus value for tenants or potential extra income. Each unit has separate electric and water meters, and tenants cover all their own utilities, maximizing your net income. With its strong rental history and minimal maintenance, this property is ideal for both seasoned and new investors. Situated on a quiet residential street, the location offers walkable access to restaurants, shops, and public transit, plus easy proximity to Coachman Park, The Sound Amphitheater, and world-famous Clearwater Beach. No damage or flooding from Hurricane Helene .

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $899,000
Price Per Unit $224,750
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 3,700 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Zoning MF - allow for residential buildings with multiple dwelling units. These districts are designed to accommodate a range of multi-family housing types
Walk Score®
Very Walkable (80)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-29-15-38574-009-0040
Land Assessment
$332,783 (2025)
Improvements Assessment
$277,217 (2025)
Total Assessment
$610,000 (2025)
  • Listing ID: 36360234

  • Date on Market: 6/23/2025

  • Last Updated:

  • Address: 1267 Franklin St, Clearwater, FL 33756

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