Under contract-accepting backup offers. 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!
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!
Property Details
Price:
$795,000
MLS #:
TB8540445
Status:
Active Under Contract
Beds:
18
Baths:
7
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
HIBISCUS GARDENS
Neighborhood:
33756clearwaterbelleair
Listed Date:
Aug 30, 2026
Finished Sq Ft:
3,278
Total Sq Ft:
4,001
Lot Size:
7,392 sqft / 0.17 acres (approx)
Year Built:
1964
Units:
4
See this Listing
Schools
Elementary School:
Belcher Elementary-PN
Middle School:
Oak Grove Middle-PN
High School:
Clearwater High-PN
Interior
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central, Wall Units / Window Unit
Interior Features
Ceiling Fan(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat
Laundry Features
Laundry Closet
Levels
Two
Exterior
Construction Materials
Block, Stucco
Exterior Features
Fenced, Lighting, Storage
Roof
Built-Up
Financial
Tax Year
2025
Taxes
$11,611
Map
Community
- Address1259 FRANKLIN STREET CLEARWATER FL
- SubdivisionHIBISCUS GARDENS
- CityCLEARWATER
- CountyPinellas
- Zip Code33756
Subdivisions in CLEARWATER
Market Summary
Current real estate data for Multi Family in CLEARWATER as of Oct 18, 2026
32
Multi Family Listed
99
Avg DOM
267
Avg $ / SqFt
$731,693
Avg List Price
Property Summary
- Located in the HIBISCUS GARDENS subdivision, 1259 FRANKLIN STREET CLEARWATER FL is a Multi Family for sale in CLEARWATER, FL, 33756. It is listed for $795,000 To schedule a showing of MLS#tb8540445 at 1259 FRANKLIN STREET in CLEARWATER, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of EXP REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1259 FRANKLIN STREET
CLEARWATER, FL
