$899,000

1871 STEVENSON AVENUE, Clearwater, FL 33755

  • 8 beds |
  • 6 baths |
  • 4,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $225/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Exceptional investment opportunity in one of Clearwater’s most desirable locations! 1871 Stevenson Ave is a fully leased 4-unit property generating $83,904 in gross annual income, ideally situated just minutes from Downtown Clearwater, Dunedin, award-winning Gulf beaches, and walking distance to the Pinellas Trail. The property features a highly desirable unit mix of two 2-bedroom/1-bath units and two 2-bedroom/1.5-bath units. The two ground-floor units include in-unit washer and dryers, adding tenant convenience and rental appeal. All four units are currently rented, providing immediate cash flow, with one tenant on a month-to-month lease offering flexibility for repositioning or creative financing strategies. This property sits on a rare double lot, presenting significant value-add potential. Investors can explore rent increases to align with market rates, renovate the existing two garage units for additional income, or consider redevelopment opportunities as new construction homes continue to elevate the surrounding neighborhood. Located in a high-demand rental corridor near Dunedin, Downtown Clearwater, and the beaches, this is a prime opportunity for investors seeking stable income today with upside tomorrow.

Listing Status:
Active
Date Added:
February 11, 2026
Data Last Updated:
February 16, 2026 at 9:24PM
Listing Office:
BLUE PEAK REALTY LLC : 727-777-7100
Listing Agent:
Andrew Cutrona : 610-757-8785
MLS ID:
O6381692
  • General: Living Room/Dining Room Combo
  • Appliances: DryerRefrigeratorWasher
  • Laundry: Laundry Room
  • A/C: Central AirWall/Window Unit(s)
  • Heating: Central
  • Fireplace: DecorativeFireplace
  • General: Storage
  • Parking: Driveway
  • Roofing: Metal
  • General: StuccoFrameTwoCrawlspace
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Pinellas
  • Zoning: SUNSET POINT 2ND ADD BLK BLOT 3103-29-15-88128-002-0310
  • View: Water
  • Utilities: Cable AvailableElectricity AvailableElectricity ConnectedPublicSewer ConnectedWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Andrew Cutrona , BLUE PEAK REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Calvin A. Hunsinger School

1863 N Betty Ln, Clearwater, FL, 33755

Grades KG-12

0.58 miles away

C

Calvin A. Hunsinger School

1863 N Betty Ln, Clearwater, FL, 33755

Grades KG-12

0.58 miles away

C

Calvin A. Hunsinger School

1863 N Betty Ln, Clearwater, FL, 33755

Grades KG-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#TB8462114 - EBENEZER REAL ESTATE SOLUTIONS GROUP LLC