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$639,000

1504-1510 N MADISON AVENUE, CLEARWATER, FL 33755

3D Tour
Active52 days on market

Beds

4

Baths

4

Sq Ft

2,184 sq ft

Year Built

1959

Lot Size

0.23 acres

Garage

—

About This Property

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.

Property Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #TB8534856
StatusActive
Year Built1959
ConstructionBlock
RoofShingle
FoundationSlab
SubdivisionFAIRMONT SUB
CountyPinellas
OwnershipFee Simple

Interior Features

InteriorOther
LaundryOther
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorOther
Lot Size0.23 acres (10,197 sq ft)
Road SurfaceAsphalt
ViewPark/Greenbelt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$639,000
Annual Taxes$5,947 (2025)
FinancingCash, Conventional
Parcel #102915268920070020

Directions

From Gulf-to-Bay Blvd/SR 60, travel north on N Fort Harrison Ave. Turn right onto Palmetto Street, then left onto N Madison Ave. Continue north to 1504–1510 N Madison Ave. The property is located beside the neighborhood park.

Location

1504-1510 N MADISON AVENUE, CLEARWATER, FL 33755

Listing Information

OfficeFUTURE HOME REALTY INC
ListedAugust 1, 2026

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Home Price

$639,000

20% ($127,800)
6.75%

Loan Term

Principal & Interest$3,316
Property Tax (est.)$586
Insurance (est.)$150
Total Monthly$4,051
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How to Buy This Home

Multiple financing options available for this $639,000 home in CLEARWATER.

🏦

Conventional

$31,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: August 28, 2026.

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