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$449,000

  • For Sale
  • Active
  • Triplex
  • 5 Beds
  • 3 Total Baths
  • 1,603 Sq. Ft.
  • Updated 1 day ago
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Triplex Investment Opportunity in a prime location between downtown Clearwater and Belleair This rare triplex presents a cash flow opportunity for investors. Conveniently situated between downtown Clearwater and Belleair, the property boasts a superb location facing Lake Belleview and is directly across from Ross Norton Recreation Center and Ed C. Wright Park. A short drive will take you to some of the best beaches in the US at Clearwater, Belleair Beach, Indian Rocks Beach to name a few. The triplex is currently fully rented and ready for a new owner to benefit from its steady income with a CAP rate of ~8.7 calculated with the current rents, expenses and the asking price. It consists of three separate units: "¢ Unit 1: 3 bedrooms, 1 bathroom - currently leased and occupied at $1,700 per month. "¢ Unit 2: 2 bedrooms, 1 bathroom - leased and occupied at $1,800 per month. This unit has been recently remodeled. "¢ Unit 3: Studio - leased at $1,100 per month. Recent Property Updates "¢ Roof replaced in 2021 "¢ A/C replaced in 2021 Contact your agent today to schedule a showing! Appointment Only ***Do Not Disturb Tenants**

Full Property Details for 1379 S Martin Luther King Jr Ave

General

  • Price: $449,000
  • Taxes: $7,484 (2024)
  • Status: Active
  • Type: Triplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8447196
  • Updated: 1/16/2026
  • Added to Site: 66 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Other

Location

  • Area: 33756 - Clearwater/Belleair
  • County: Pinellas
  • Development Name: 33756 - Clearwater/Belleair
  • Subdivision: LAKEVIEW HEIGHTS
  • Driving Directions: From S. Missouri Ave. turn west on Lakeview and then S. on S. Martin Luther King Ave. The property is on your left opposite the lake.

Community

  • Community Name: 33756 - Clearwater/Belleair

Heating & Cooling

  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Street Lights

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Square Feet: 1,603
  • Sq. Ft. Source: Public Records
  • Year Built: 1940

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,314
  • Lot Size: 5314
  • Lot Dimensions: 50 x 103
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $7,484.52
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LAKEVIEW HEIGHTS BLK F, LOT 8
  • Flood Zone Info: X
  • APN: 222915489780060080
  • Property ID: 222915489780060080
  • Block/Lot/Section: F

Listed by Blake Real Estate Inc

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Listing agent

— 1379 S Martin Luther King Jr Ave —

  • Blake Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1379 S Martin Luther King Jr Ave

School District:Pinellas County School District
NameGradesDistance
Belleair Elementary School
1156 Lakeview Road, Clearwater, FL 33756
PK-50.3 mi
Largo Middle School
155 8th Avenue Southeast, Largo, FL 33771
6-82.7 mi
Clearwater High School
540 South Hercules Avenue, Clearwater, FL 33764
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1379 S Martin Luther King Jr Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Listed
$449,000
5.65%
MLS
2/25/2022
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1379 S Martin Luther King Jr Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,644
2%
$395,000
—
2024
$7,485
5%
$395,000
7%
2023
$7,132
20%
$370,000
21%
2022
$5,953
121%
$307,000
113%
2021
$2,694
—
$143,800
24%
2021
$2,694
113%
$115,906
105%
2019
$1,266
-8%
$56,575
10%
2018
$1,380
13%
$51,432
-40%
2017
$1,226
7%
$85,472
8%
2016
$1,148
12%
$79,011
22%
2015
$1,022
16%
$64,928
23%
2014
$884
29%
$52,596
65%
2013
$686
—
$31,935
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1379 S Martin Luther King Jr Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Blake Real Estate Inc

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1379 S Martin Luther King Jr Avenue, Clearwater, FL 33756 (MLS# TB8447196) is a Triplex property with 5 bedrooms and 0 full bathrooms. 1379 S Martin Luther King Jr Avenue is currently listed for $449,000 and was received on November 13, 2025. Want to learn more about 1379 S Martin Luther King Jr Avenue? Do you have questions about finding other Triplex real estate for sale in Clearwater? You can browse all Clearwater real estate or contact a Coldwell Banker agent to request more information.

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