$487,000
725 New York St Clearwater, FL 33756
For Sale MLS# TB8532067
4 beds 3 baths 1,375 sq ft Multi-family
Details for 725 New York St
MLS# TB8532067
Description for 725 New York St, Clearwater, FL, 33756
Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4,425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside, the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1,500 but could rent for 1,600) and two 1/1 units (rented at 1,425 and 1,500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site.
Listing Information
Property Type: Residential, Triplex
Status: Active
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.16 Acres
Square Feet: 1,375 sq ft
Year Built: 1948
Stories: 1 Story
Construction: Cement Siding
Subdivision: Belmont Sub 1st Add
Foundation: Crawlspace
Number Of Units Total: 3
County: Pinellas
Interior Features
Appliances: Refrigerator, Dishwasher
Flooring: Luxury Vinyl
Basement: Crawl Space
Doors/Windows: Insulated Windows
Additional Interior Features: Main Level Primary, Ceiling Fan(s)
Utilities
Water: Public, Multiple Meters
Sewer: Public Sewer
Other Utilities: Electricity Available,Electricity Connected,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Window Unit, Wall Furnace
Exterior / Lot Features
Roof: Shingle
Additional Exterior/Lot Features: Private Yard, Private Entrance, Fence, Rain Gutters, Deck
Out Buildings: Shed(s)
Unit Information
Unit 1 Units Total: 2
Unit 1 Actual Rent: 1425
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1500
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
From US Hwy 19, take Ulmerton Rd west to Clearwater Largo Rd. Turn right (north) onto Clearwater Largo Rd, then turn right (east) onto New York St. Continue to 725 New York St. Property is located on the right-hand side.
Financial Considerations
Tenant Pays: Electricity,Water
Gross Income: 53100
Tax/Property ID: 27-29-15-07920-008-0090
Tax Amount: 4568.26
Tax Year: 2025
A broker reciprocity listing courtesy: COPELAND MORGAN LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 725 New York St
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 725 New York St
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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