1959 RAINBOW DR new

Clearwater,FL 33765

$ 695000

30 Beds

25 Baths

2931 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,931 sqft

Price per Sqft $237

Subdivision Sky Crest Unit 7

MLS Listing ID TB8416109

Bedrooms 30

HOA Y/N No

Year Built 1953

Annual Tax Amount $8,273

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 135x88

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

Welcome to 1959 Rainbow Drive—a versatile multifamily treasure nestled in the Sky Crest neighborhood of Clearwater. Built in 1953 and spread across a generous 0.27-acre lot, this solid stucco structure spans a spacious 2,931 square feet of living space .

Ideal for investors or owner-occupiers seeking income potential, this property features multiple rentable units (two efficiencies, two one-bedroom units, and one two-bedroom unit), each consistently leased and generating reliable rental income.

Amenities include:
Ample parking: Carports accommodate three full-sized vehicles plus one compact car
On-site laundry facility
Simplified utilities: A single water meter covers the entire property, While each unit has its own electric meter.
Move-in-ready status: All units are functional with tenants in place. This is a fully operational rental business and is non-distressed.

Situated in a convenient Clearwater locale, the property offers easy access to Clearwater Beach, Tampa Airport, Downtown Clearwater, and is well-positioned between thriving residential and commercial corridors.

Location

State FL

County Pinellas

Community Sky Crest Unit 7

Area 33765 - Clearwater/Sunset Point

Interior

Interior Features Ninguno

Heating Central,Other

Cooling Central Air,Ductless

Fireplace false

Laundry Common Area

Exterior

Exterior Feature Outbuildings

Utilities Available Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Special Listing Condition None

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