$533,000

1260 Palmetto St Clearwater, FL 33755

$6,329
Closing credit¹
0 beds
1,644 sqft
0.2 acres
$324 / sqft
Multi-Family

Property details

About 1260 Palmetto St

Turnkey duplex opportunity in the heart of Clearwater! Located directly across from the Clearwater Country Club and golf course, 1260 Palmetto St features two 3-bedroom, 1-bath units, each renting at $1,650/month with tenants covering their own utilities. (Value of washer/dryer hookups was not added to rent at time of leasing, providing an opportunity for potential rent increases after lease renewals). Separate electric meters, BOTH units recently renovated, new appliances in both units, washer/dryer hookups, and private backyard patios enhance tenant appeal. A storage shed offers added utility. Both AC units are older but functional, and the roof was recently updated in 2023 (buyer to verify). Just 13 minutes to the powdery sands of Clearwater Beach — a world-famous destination offering top-rated hotels, shops, restaurants, and vibrant entertainment. Downtown Clearwater’s cultural attractions and major medical centers are also close by. With immediate income and potential for future value-add, this property is perfect for investors seeking strong returns in a high-demand area. Recent appraisal done- $530,000. PLEASE DO NOT BOTHER TENANTS for anything. Lease for 1260 is through 4/26 and 1262 is 12/25.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,644 sqft
Lot size0.21 Acres
Year built1953
ParkingCovered, Driveway, Ground Level
MLS #TB8377405

Virtual tour

Summary

  • Appliances: Range, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Ninguno
  • Attached Garage: No
  • Private Pool: No
  • Parking: Covered, Driveway, Ground Level
  • Exterior: Sidewalk, Storage
  • Heating: Central
  • Cooling: Central Air
  • List Price: $533,000
  • Price/SqFt: $324
  • Annual Tax Amount: $3,507
  • Tax Year: 2023
  • Lot: Near Golf Course, Near Public Transit, Sidewalk, Paved
  • Directions: From Drew St, head north on N Betty Ln. Turn left onto Palmetto St. Property will be on your right just before N Madison Ave.
  • Year Built: 1953
  • Living Area: 1,644 SqFt
  • Lot Size: 0.21 Acres
  • MLS Number: TB8377405
  • MLS Name: MFRMLS
  • Office Name: RE/MAX METRO
  • Office Phone: (727) 896-1800
  • Listing Agent: Carolyn Gomez

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 4:19:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style house with driveway, a front lawn, and a carport

$533,000

1260 Palmetto St

$6,329

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 26, 2023
Home Sold
$455,400
Apr 28, 2023
Home Sold
$345,000
Jul 02, 2002
Home Sold
$100,000
Mar 14, 2001
Home Sold
$78,500
Oct 15, 1997
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2023$220,000$3,507
2022$190,000$3,147
2021$164,000$3,147
2020$159,897$2,946
2019$112,725$2,585
2018$102,477$2,364
2017$129,065$2,153

History based on county public records data.

Nearby schools

8

Kings Highway Elementary Magnet School

Public Magnet PK-5

0.7 mi

1715 Kings Hwy

5

Sandy Lane Elementary

Public District PK-5

0.8 mi

1360 Sandy Ln

8

Skycrest Elementary

Public District PK-5

1.6 mi

10 N Corona Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,881. Most Clearwater, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

80%
<35k
18%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
32%
Single, with Kids
7%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
24%
18-34 yrs old
35%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1260 Palmetto St in Clearwater, FL and zip code 33755 in the North Greenwood neighborhood. This 1,644 square foot home, which was built in 1953, sits on a 0.21 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $533,000.

In April 2025, from all listings sold in Clearwater, FL there were more than 30 sold above asking price, over 171 sold below and more than 31 were sold right at the asked price. Between March and April 2025, Clearwater, FL real estate market has seen increase in the number of listings by 8.4%. In April 2025 median list price was $359,639 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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