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$338,800

For Sale

2 days ago

1216 Franklin Cir, Clearwater, FL

House

MLS® TB8536909

4 Bed

2 Bath

2160 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2160 sqft
Garage Yes
Taxes $1,344
Days Active 2
Lot Size 0.11 Acres
Approx. Age 1957
Avg. Price Per Sqft $156
MLS® Number TB8536909

Property Address: 1216 Franklin Cir, CLEARWATER, FL, 33756-5844

Average square foot calculated using Size range provided by listing agent.

Description

A Rare High-Appreciation Investment Opportunity in Downtown Clearwater! This property is located in a prime downtown location, with no HOA , in a Flood Zone X. This is a two-story duplex. Each unit is approximately 1, 080 sq ft and includes 2 bedrooms and 1 bathroom. There is also a detached garage of approximately 300 square feet next to the main building. At present, the major preliminary work for the permit application has already been completed. The seller has obtained a complete set of architect-prepared permit drawings covering the entire property. The plans include a complete redesign and renovation of the existing two residential units, as well as the conversion of the detached garage into a third residential unit. In addition to completing the drawings required for the permit application, the seller has invested a significant amount of time and money in the preliminary preparation work, including removing the ceilings and flooring, demolishing the kitchens and bathrooms, clearing the backyard and repairing the fence, and professionally removing and trimming large trees affecting the property. Multiple large roll-off dumpsters were used to remove construction debris and other materials. The next owner will not need to start from scratch and can proceed directly with the permit application and renovation. Except for the roof (replaced in 2014), every other part of the property requires a complete renovation. Once the proposed renovation plan is completed, the property is expected to become a newly renovated triplex with approximately 2, 460 sq ft of living space. Its resale value is expected to be significantly higher than comparable properties currently on the market. This property is ideal for contractors, renovation buyers, or owner-occupants seeking a property with strong long-term potential.
MLS® NumberTB8536909
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1957
Basement
Driveway
Garage Spaces
HeatNone, Wall Furnace
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 10, 2026List Date
$338,800List Price
Jul 28, 2025End Date
$303,000Sold Price

Sold

Jul 23, 2025List Date
$299,900List Price

Home Appraisal

This property is estimated to sell between: $338,000 and $601,000.
Similar properties in this area sold on average for: $513,250
Expected to sell in 114 days. Similar properties sold in 116 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1216 Franklin Cir, Clearwater, FL

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