Overview
Description
Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504–1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space.
The property needs a little TLC, allowing the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach.
Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants.
Listing Info
- Cumulative Days On Market13
- Days On Market13
- List AORSuncoast Tampa
- List Agent Emailpropertiesbyjerome@gmail.com
- List Agent Full NameJerome Thompson
- List Agent Key388d650dad7db0cbcb31d09f537f965d
- List Agent MLS ID261518596
- List Agent Preferred Phone813-493-2208
- List Price639,000
- Listing Contract DateJuly 31, 2026
- Listing IDTB8534856
- Listing Key11fc71aeeb37873d086669c1d775d315
- Listing TermsCash, Conventional
- MLS StatusActive
- Modification TimestampAugust 28, 2026 at 03:01pm
- On Market DateAugust 1, 2026
- Original Entry TimestampAugust 2, 2026 at 02:23am
- Original List Price639,000
- OwnershipFee Simple
- Photos Change TimestampAugust 28, 2026 at 03:06pm
- Photos Count15
- Source System Key801597267
- Special Listing ConditionsNone
- Status Change TimestampAugust 28, 2026 at 03:01pm
Virtual Tour
Address
- Street1504-1510 MADISON
- CityCLEARWATER
- SubdivisionFAIRMONT SUB
- CountyPinellas
- StateFL
- Zip33755
- MLS #TB8534856
Interior
- Bathrooms Total Integer4
- Bedrooms Total4
- CoolingCentral Air
- CoolingYes
- HeatingCentral
- HeatingYes
- Interior FeaturesOther
- Laundry FeaturesOther
- Living Area2,184
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
Exterior
- Exterior FeaturesOther
- Lot Size Acres0
- Lot Size Area10,197
- Lot Size Square Feet10,197
- Lot Size UnitsSquare Feet
- Road Surface TypeAsphalt
- RoofShingle
- ViewPark/Greenbelt
Structure
- Building Area Total2,496
- Construction MaterialsBlock
- Foundation DetailsSlab
- Number Of Buildings2
- Year Built1959
Financial
- Parcel Number102915268920070020
- Tax Annual Amount5,947
- Tax BlockG
- Tax Book Number9-85
- Tax Legal DescriptionFAIRMONT SUB BLK G, LOT 2 & N 1/2 OF LOT 3
- Tax Lot2
- Tax Year2025
Features & Amenities
Meet your agent
Jerome Thompson
Listing Agent · FUTURE HOME REALTY INC
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