#TB8306021, Rob Williams, Listing Office: ELEVATE REAL ESTATE BROKERS OF FLORIDA LLC
5651 Crestmont St Clearwater, FL 33760
Property details
About 5651 Crestmont St
Incredible Clearwater duplex portfolio opportunity! Two turnkey duplexes, each fully updated with new roofs, AC units, and electrical panels (2019–2021). Separate meters—tenants pay utilities. Combined $5,900/mo income ($70,800/yr) with immediate cash flow and built-in upside by raising MTM rent at Crestmont. No flood insurance required. 4-Point inspections should pass easily. Priced at $818,000 for all 4 units—only ~$205K per door. Solid 6.87% blended cap rate as-is. Prime rental market with high demand and minimal landlord responsibility. Ideal for investors seeking strong returns and low maintenance. Purchase one duplex or both. Must see!
Highlights
Virtual tour
Summary
- Interior: Window Treatments
- Total Bedroom Count: 4
- Private Pool: No
- Exterior: Private Mailbox
- Heating: Central
- Cooling: Central Air
- List Price: $409,000
- Price/SqFt: $247
- Annual Tax Amount: $3,828
- Tax Year: 2023
- Directions: US HWY 19 to Roosevelt Blvd E and Right on Waverly St and Left on Crestmont.
- Year Built: 1972
- Living Area: 1,652 SqFt
- Lot Size: 0.16 Acres
- MLS Number: TB8377627
- MLS Name: MFRMLS
- Office Name: HOMESCENE REALTY
- Office Phone: (727) 877-5020
- Listing Agent: Dustin Anderson
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Last updated on: 5/2/2025, 2:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$409,000
5651 Crestmont St
$4,857
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 16, 2021 | Home Sold | $220,000 |
Sep 23, 2019 | Home Sold | $135,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $200,000 | $3,828 |
2022 | $185,000 | $3,588 |
2021 | $144,600 | $3,588 |
2020 | $115,710 | $2,764 |
2019 | $103,888 | $2,243 |
2018 | $83,586 | $1,928 |
2017 | $84,719 | $1,778 |
History based on county public records data.
Nearby schools
4
High Point Elementary
Public District PK-5
0.4 mi
•5921 150th Ave N
8
Frontier Elementary
Public District PK-5
1.6 mi
•6995 Hopedale Ln
7
Belcher Elementary
Public District PK-5
2.3 mi
•2215 Lancaster Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,569. Residents of Clearwater, FL typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 5651 Crestmont St in Clearwater, FL and zip code 33760 in the South Highpoint neighborhood. This 1,652 square foot home, which was built in 1972, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $409,000.
Over 30 listings were sold over their listed price in April 2025 in Clearwater, FL. In the same period over 171 listings were sold below the listed price and 31 listings were sold for the listed price. The number of listings in Clearwater, FL increased by 8.4% between March and April 2025. The median list price of listings available in April 2025 was $359,639, while the average time on the real estate market was 49 days.