308 South Lincoln Avenue

Clearwater, FL 33756

$714,500
Price
5
Beds
2,563 Sq. Ft.
$279 / Sq. Ft.
2,563
Sq. Ft.
$279
per Sq. Ft.

Description

Under contract-accepting backup offers. Nicely maintained 1970 concrete block and stucco 2 story triplex income property with one first floor unit and 2 second floor units for a total of 2563 living square feet; first floor 1067 and second floor 1496 with a total building of 3831. UNIT 2/One Bedroom One Bath Second Floor Front Apt with approximately 695 hsf & 2 south side parking spaces on driveway next to carport: Complete renovation finished in Jan 2024 includes but not limited to: LVP flooring,...Under contract-accepting backup offers. Nicely maintained 1970 concrete block and stucco 2 story triplex income property with one first floor unit and 2 second floor units for a total of 2563 living square feet; first floor 1067 and second floor 1496 with a total building of 3831. UNIT 2/One Bedroom One Bath Second Floor Front Apt with approximately 695 hsf & 2 south side parking spaces on driveway next to carport: Complete renovation finished in Jan 2024 includes but not limited to: LVP flooring, new kitchen cabinets, new tile backsplash, new kitchen GE stainless steel refrigerator, oven, dishwasher, kitchen sink and disposal, calcite counter tops. New bathroom vanity, granite top, sink and all new hardware; all new poly plantation shutters, all new light fixtures, all new baseboards, all new doors and hardware, freshly painted throughout; radiant heat in ceiling. Aug 23 new electrical panel and surge protector; April 23 new A/C in living room (wifi capability); June 23 new toilet; Feb 24 updated new screen and paint on 12 x 9 covered screened porch; interior laundry room for stackable washer/dryer, hot water heater and back door secondary exit that leads to stairs down to open back yard/2 living room photos are virtually staged/Refer to Unit 2 floor plan. UNIT 3/Two Bedroom One Bath Second Floor Rear Apt approximately 801 hsf with 190 sf single carport and two add'l parking spaces behind carport on south driveway. Features include upgraded tankless hot water heater, freshly painted throughout, two new window a/c units and new toilet Jan 2023. Sitting area outside of front door entry, inside utility with stackable washer/dryer area with a back door exit from laundry room down stairs to open backyard/radiant heat in ceiling/Refer to Unit 3 Floor Plan. UNIT 1, First Floor Two Bedroom 2 Bath approximately 1067 hsf with private covered screened lanai and fenced area to backyard and oversized 377 sf attached single car garage with work bench, full size washer/dryer hook up, soaking sink and additional driveway parking. Upgrades include modified electrical panel Sept 22, new ceiling fan in screened lanai June 23, new a/c in living room Aug 23 and new toilet in Dec 23/radiant heat in ceiling/Refer to Unit 1 Floor Plan. All room sizes are approximate. Unit 2 is currently for the exclusive use of the owners and not rented to a third party. Unit 2 under a long term 12 month lease is projected to rent out at of $1800/mo with short term rent projected at $2500/mo plus additional charges. Monthly rent for Units 1 and 3 cover all expenses including principal and interest of current mortgage payment. Other expenses are taxes and insurance. Water/sewer and trash are invoiced separately based on actual bill received from the City of Clearwater. Electric is by separate unit meter. Owner handles yard maintenance. Located in the "Downtown Clearwater District"; walking distance to downtown Clearwater, newly redeveloped Coachman Park and The Sound Amphitheater (an $85 million dollar City project) or ride the Jolley Trolley with access to Clearwater Beach, Dunedin, Palm Harbor and/or Tarpon Springs! Actual distance from the residence to coachman park is 1.1 miles or 5 minutes!
  1. Listed by Colleen Tuttle • RE/MAX REALTEC GROUP INC

Property Details for 308 South Lincoln Avenue

Subdivision Name
HIBISCUS GARDENS
Township
29
Carport Spaces
1
Garage Spaces
1
Waterfront
No

Location

Listing Courtesy of RE/MAX REALTEC GROUP INC, Colleen Tuttle
Add your commute
LISTING UPDATED: 05/13/2024 09:22 AM

Property Details for 308 South Lincoln Avenue

StatusPending
MLS #U8230520
Days on Market7
Taxes$9,638 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1970
Lot Size0.12 AC / 5,288 SF
CountyPinellas County

Location

Listing Courtesy of RE/MAX REALTEC GROUP INC, Colleen Tuttle
Add your commute

Building Information for 308 South Lincoln Avenue

Stories-Residences3Year Built1970Building Size-Lot Size0.12 AC / 5,288 SF

Payment Calculator

$4,702 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,899

Property Taxes

$803

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 South Lincoln Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3831.0
  • Building Area Units: Square Feet
  • Building Name Number: 308 S LINCOLN
  • Directions: West on Gulf to Bay, Lincoln Avenue is the first street on the right after South Hillcrest Avenue light at St. Cecelia Catholic Church. North on Lincoln and triplex is on the left. Parking in the driveway in front of the garage door.
  • Elementary School: Belcher Elementary-PN
  • Middle Or Junior School: Oak Grove Middle-PN
  • High School: Clearwater High-PN
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 308
  • Street Direction Prefix: S
  • Street Name: LINCOLN
  • Street Suffix: AVENUE
  • State: FL
  • City: CLEARWATER
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: Yes
  • Parking Features: Assigned, Covered, Driveway, Ground Level, Guest, Workshop in Garage
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Block: K
  • Tax Book Number: 14-55
  • Tax Legal Description: HIBISCUS GARDENS BLK K, LOT 9
  • Tax Lot: 9
  • Tax Other Annual Assessment Amt: $0
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In City Limits, Near Public Transit, Private, Sloped, Street Paved
  • Lot Size Dimensions: 115X65
  • Parcel Number: 15-29-15-38574-011-0090
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: 1-4 RES
  • Living Area: 2563
  • Property Info: Walk-Up
  • Lot Dimensions: 115X65
Property and Assessments
  • Year Built Numeric: 1970
  • Flood Zone Code: X
  • Flood Zone Date: 08-24-2021
  • Flood Zone Panel: 12103C0108J
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 1
  • Property Attached: Yes
  • Property Condition: Completed
  • Property Description: Walk-Up
  • Public Survey Range: 15
  • Public Survey Section: 15
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Street Lights, Water Connected
  • Water Source: Public
  • Num Electric Meters: 3.0
  • Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco, Wood Frame, Wood Siding
  • Exterior Features: Balcony, Private Mailbox, Rain Gutters
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Fire Alarm
  • Spa: No
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Radiant Ceiling
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Laundry Features: Electric Dryer Hookup, In Garage, Laundry Room, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Drapes, Shades, Shutters
Multi Family
Multi-Family Information
  • Annual Expenses: $41,067
  • Annual Net Income: $22,593.00
  • Est Annual Market Income: $66,000.00
  • Gross Income: $63,660
  • Total Monthly Expenses: $3,423
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: Unit 1/Ground Flr
  • Unit Type Garage Attached 1: Yes
  • Unit Type Garage Spaces 1: 1
  • Unit Type Heated Sq Ft 1: 1067
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 2300
  • Unit Type Type 1: 2 Bed/2 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Description 2: renovation completed Jan 2024/2 parking spaces
  • Unit Type Garage Attached 2: No
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 695
  • Unit Type Number Of Units Occupied 2: 2
  • Unit Type Pro Forma 2: 1800
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Description 3: comes with carport and 2 addl parking spaces
  • Unit Type Garage Attached 3: No
  • Unit Type Garage Spaces 3: 0
  • Unit Type Heated Sq Ft 3: 801
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1445
  • Unit Type Type 3: 2 Bed/1 Bath
  • Unit Type Units Total 3: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Water
  • Total Actual Rent: $5,305
  • Minimum Lease Period: 0
  • Pets Allowed: No

Property History for 308 South Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 308 South Lincoln Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$9,638 ($803 / month)
Home Facts
Baths4Total Finished SqFt2,563 SqFtAbove Grade Finished SqFt2,563 SqFtStories2Lot Size5,288 SqFtStyleTriplexYear Built1970Year Renovated1983CountyPINELLASAPN15-29-15-38574-011-0090

Schools near 308 South Lincoln Avenue

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 9
Rating
School
Distance
Belleair Elementary School
PublicPK to 5

Oak Grove Middle School
Public6 to 8

Clearwater High School
Public9 to 12

Clearwater Intermediate School
Public4 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX REALTEC GROUP INC, Colleen Tuttle

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/13/2024 09:22 AM