Don’t pass this up! Here is a rare investment opportunity for a duplex in Clearwater, Florida. This solidly built block structure is in an X flood zone, though a small corner of the property is in an AE zone. This duplex features two large dwellings, a three bedroom, and a two bedroom. Both units have been updated with pristine and durable tile floors, new kitchen and bathroom cabinets, stone counters, and stainless steel appliances. Each unit also has their own laundry room with ample room for extra storage. Proforma rents (previous rates) are $1,500 and $1,800 for the 2/1 and 3/1 respectively. Hurry up and don’t let this 6.9 CAP Rate property slip by.
Property Details
Price:
$475,000
MLS #:
TB8493976
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
LEMBO SUB
Neighborhood:
33756clearwaterbelleair
Listed Date:
Apr 4, 2026
Finished Sq Ft:
1,720
Lot Size:
6,495 sqft / 0.15 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Electric
Interior Features
Kitchen/Family Room Combo, Stone Counters, Thermostat
Laundry Features
Laundry Room
Exterior
Construction Materials
Block
Exterior Features
Private Mailbox
Roof
Built-Up
Financial
Tax Year
2025
Taxes
$5,591
Map
Community
- Address612 S LINCOLN AVENUE CLEARWATER FL
- SubdivisionLEMBO SUB
- CityCLEARWATER
- CountyPinellas
- Zip Code33756
Subdivisions in CLEARWATER
Market Summary
Current real estate data for Multi Family in CLEARWATER as of Oct 19, 2026
32
Multi Family Listed
100
Avg DOM
267
Avg $ / SqFt
$731,693
Avg List Price
Property Summary
- Located in the LEMBO SUB subdivision, 612 S LINCOLN AVENUE CLEARWATER FL is a Multi Family for sale in CLEARWATER, FL, 33756. It is listed for $475,000 To schedule a showing of MLS#tb8493976 at 612 S LINCOLN AVENUE in CLEARWATER, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of DALTON WADE INC. 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. 612 S LINCOLN AVENUE
CLEARWATER, FL