1259 FRANKLIN STREET
Clearwater, FL 33756
$730,000
RENOVATED DOWNTOWN CLEARWATER FOURPLEX! Located just steps from Cleveland Street and approximately $350 million in planned and ongoing downtown investment, including new dining, retail and entertainment.
This fully renovated, income-producing fourplex features four approximately 1,000 SF units with a mix of 2- and 3-bedroom layouts. Updates include renovated kitchens with stone countertops and new cabinetry, updated bathrooms and fresh paint throughout. Three units offer interior laundry hookups and exterior storage, and each unit has assigned parking. Pet-friendly and conveniently located minutes from Clearwater Beach, shopping, hospitals and approximately 30 minutes from Tampa International Airport.
Own an income-producing property in the heart of Downtown Clearwater’s continued transformation. Seller’s preferred lender is offering a no-fee 1-0 rate buydown for the first 12 months for qualified buyers. Don't wait, call us today!
Listing Courtesy of: EXP REALTY LLC
888-883-8509
Buyer Represented by: CHARLES RUTENBERG REALTY INC
| Listing Id: | TB8540445 |
|---|---|
| List Price: | $795,000 |
| Close Price: | $730,000 |
| Close Date: | 2026-10-26 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Closed |
| Bedrooms Total: | 18 |
| Bathrooms Full: | 7 |
| Living Area: | 3,278 |
| Tax Annual Amount: | $11,611 |
| Lot Size Square Feet: | 7,392 |
| Lot Size Acres: | 0.17 |
| Waterfront?: | No |
| City: | Clearwater |
| County Or Parish: | Pinellas |
| Subdivision Name: | Hibiscus Gardens |
| Postal Code: | 33756 |
| Year Built: | 1964 |
| Number Of Units Total: | 4 |
| Additional Parcels?: | No |
| Bathrooms Total Integer: | 7 |
| Building Area Source: | Public Records |
| Building Area Total: | 4001 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab |
| Construction Materials: | Block, Stucco |
| Cooling: | Central Air, Wall/Window Unit(s) |
| Directions: | From Gulf-to-Bay Blvd, continue west onto Court St. Turn left onto S Betty Ln, then turn right onto Franklin St. Property will be located at 1259 Franklin St. |
| Elementary School: | Belcher Elementary-PN |
| Exterior Features: | Fence, Lighting, Storage |
| Furnished: | Unfurnished |
| Garage?: | No |
| Gross Income: | $79,080 |
| Heating: | Central, Ductless |
| High School: | Clearwater High-PN |
| Interior Features: | Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat |
| Laundry Features: | Laundry Closet |
| Levels: | Two |
| Listing Contract Date: | 2026-09-25 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.17 |
| Lot Size Dimensions: | 44x159 |
| Postal Code Plus4: | 5813 |
| Middle Or Junior School: | Oak Grove Middle-PN |
| MLS Area Major: | 33756 - Clearwater/Belleair |
| MLS Area Major: | 33756 - Clearwater/Belleair |
| Original List Price: | $795,000 |
| Parcel Number: | 15-29-15-38574-009-0060 |
| Township: | 29 |
| Road Surface Type: | Asphalt |
| Roof: | Built-Up |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Tenant Pays: | Electricity |
| Total Actual Rent: | $6,590 |
| Financial Data Source: | Owner |
| Utilities: | BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters |
| Water Source: | Public |
| Public Survey Range: | 15 |
| Public Survey Section: | 15 |
| Alternate Key Folio Num: | 152915385740090060 |
| Annual Expenses: | 16000 |
| Annual Net Income: | 63080.00 |
| Auction Prop Access Yn: | No |
| Backups Requested Yn: | Yes |
| Building Area Total Srch Sq M: | 371.70 |
| Calculated List Price By Calcula: | 242.53 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8540445?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8540445?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0108J |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 304.54 |
| Lot Size Square Meters: | 687 |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 1 |
| Unit Count: | 4 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Individually Metered: | Cable, Electric, Internet, Sewer, Trash, Water |
| Association 2 Yn: | 0 |
| Attribution Contact: | 888-883-8509 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Green Energy Generation Yn: | No |
| Number Of Separate Electric Meters: | 4 |
| Number Of Separate Water Meters: | 4 |
| Listing Contract Date: | 2026-08-17 |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
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Copyright 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of My Florida Regional MLS DBA Stellar MLS. Real estate listings held by brokerage firms other than the owner of this page include the name of the listing broker. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on October 28, 2026 06:00 PM - ET
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Property Last Updated: October 28, 2026 06:00 PM - ET
