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$795,000

1259 FRANKLIN STREET, CLEARWATER, FL 33756

3D Tour
Active5 days on market

Beds

18

Baths

7

Sq Ft

3,278 sq ft

Year Built

1964

Lot Size

0.17 acres

Garage

About This Property

RENOVATED DOWNTOWN CLEARWATER FOURPLEX! Located just steps from Cleveland Street and approximately $350 million in planned and ongoing downtown investment, including new dining, retail and entertainment. This fully renovated, income-producing fourplex features four approximately 1,000 SF units with a mix of 2- and 3-bedroom layouts. Updates include renovated kitchens with stone countertops and new cabinetry, updated bathrooms and fresh paint throughout. Three units offer interior laundry hookups and exterior storage, and each unit has assigned parking. Pet-friendly and conveniently located minutes from Clearwater Beach, shopping, hospitals and approximately 30 minutes from Tampa International Airport. Own an income-producing property in the heart of Downtown Clearwater’s continued transformation. Seller’s preferred lender is offering a no-fee 1-0 rate buydown for the first 12 months for qualified buyers. Don't wait, call us today!

Property Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #TB8540445
StatusActive
Year Built1964
ConstructionBlock, Stucco
RoofBuilt-Up
FoundationSlab
SubdivisionHIBISCUS GARDENS
CountyPinellas
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat
LaundryLaundry Closet
CoolingCentral Air, Wall/Window Unit(s)
HeatingCentral, Wall Units / Window Unit

Exterior & Lot

ExteriorFenced, Lighting, Storage
Lot Size0.17 acres (7,392 sq ft)
Lot Dimensions44 x 159
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$795,000
Annual Taxes$11,611 (2025)
FinancingCash, Conventional, FHA, VA Loan
Parcel #152915385740090060

Schools

ElementaryBelcher Elementary-PN
MiddleOak Grove Middle-PN
HighClearwater High-PN

Directions

From Gulf-to-Bay Blvd, continue west onto Court St. Turn left onto S Betty Ln, then turn right onto Franklin St. Property will be located at 1259 Franklin St.

Location

1259 FRANKLIN STREET, CLEARWATER, FL 33756

Listing Information

OfficeEXP REALTY LLC
ListedAugust 30, 2026

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Home Price

$795,000

20% ($159,000)
6.75%

Loan Term

Principal & Interest$4,125
Property Tax (est.)$729
Insurance (est.)$150
Total Monthly$5,004
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $795,000 home in CLEARWATER.

🏛️

FHA Loan

$27,825 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$39,750 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: September 4, 2026.

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