$499,000
612 Lincoln Avenue
Clearwater, FL 33756
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Don't pass this up! Here is a rare investment opportunity for a duplex in Clearwater, Florida. This solidly built block structure is in an X flood zone, though a small corner of the property is in an AE zone. This duplex features two large dwellings, a three bedroom, and a two bedroom. Both units have been updated with pristine and durable tile floors, new kitchen and bathroom cabinets, stone counters, and stainless steel appliances. Each unit also has their own laundry room with ample room for extra storage. Proforma rents are $1,500 and $1,800 for the 2/1 and 3/1 respectively. Hurry up and don't let this 6.9 CAP Rate property slip by.
Local Insight
At $290/sqft for a 1963 duplex in Clearwater, you're getting solid pricing for the market, but you'll want a thorough inspection since the age means potential issues with plumbing, electrical, and foundation—especially important given the tight 0.15-acre lot leaves little room for major repairs. The lack of HOA is a nice plus, and the X500 flood zone is favorable, but Lincoln Avenue location means you're dealing with an older neighborhood that's seen mixed revitalization, so check comparable rents and tenant demand if you're buying for income rather than a primary residence.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveApr 4, 2026
- Listed$499,000Apr 4, 2026
- Price increased$499,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Lembo Sub
- County
- Pinellas
- Year built
- 1963
- Living area
- 1,720 sq ft
- Price/sq ft
- $290
- Lot size
- 6,495 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X500* (12103C0108J)
- Annual taxes
- $5,591 (2025)
- Parcel #
- 15-29-15-51066-000-0120
- MLS #
- TB8493976
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Interior Details
- Bedrooms
- 5
- Interior features
- Kitchen/Family Room Combo, Stone Counters, Thermostat
- Laundry
- Laundry Room
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Per City of Clearwater
Exterior & Construction
- Exterior features
- Private Mailbox
- Construction materials
- Block
- Roof
- Built-Up
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-04-03
- On market date
- 2026-04-04
- Original list price
- $499,000
- MLS area
- 33756 - Clearwater/Belleair
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-04
- Tax legal description
- LEMBO SUB E 76FT OF LOT 12
Flood risk
Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Gulf-to-Bay BLVD, turn S onto S. Lincoln Ave. Property will be on your right in 0.2 mi.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 5, 2026 at 6:49 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA