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1/23
$487,000
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1/23
Property Description
Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4,425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside, the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1,500 but could rent for 1,600) and two 1/1 units (rented at 1,425 and 1,500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site.
Full Property Details
Full Property Details for 725 New York St
General
- Price: $487,000
- Taxes: $4,568 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8532067
- Updated: 7/23/2026
- Added to Site: 25 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor
- Appliances: Dishwasher, Refrigerator
- Furnishings: Negotiable
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fenced, Private Entrance, Private Yard, Rain Gutters
- Deck/Patio: Deck
- Porch/Patio/Deck: Deck
Location
- Area: 33756 - Clearwater/Belleair
- County: Pinellas
- Development Name: 33756 - Clearwater/Belleair
- Subdivision: BELMONT SUB 1ST ADD
- Driving Directions: From US Hwy 19, take Ulmerton Rd west to Clearwater Largo Rd. Turn right (north) onto Clearwater Largo Rd, then turn right (east) onto New York St. Continue to 725 New York St. Property is located on the right-hand side.
Community
- Community Name: 33756 - Clearwater/Belleair
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Cement Siding
- Roof: Shingle
- Windows: Insulated Windows
- Stories/Levels: One
- Square Feet: 1,375
- Sq. Ft. Source: Public Records
- Year Built: 1948
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,961
- Lot Size: 6961
- Street/Road Desc.: Asphalt, Concrete
Financial Considerations
- Tax Amount: $4,568.26
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BELMONT SUB 1ST ADD BLK H, LOTS 9 AND 10
- Flood Zone Info: X
- APN: 272915079200080090
- Property ID: 272915079200080090
- Block/Lot/Section: H
Listed by Copeland Morgan Llc
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Schools
Schools serving 725 New York St
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Largo High School 410 Missouri Avenue North, Largo, FL 33770 | 9-12 | 1 mi |
Mildred Helms Elementary School 561 Clearwater Largo Road South, Largo, FL 33770 | PK-5 | 1.4 mi |
Largo Middle School 155 8th Avenue Southeast, Largo, FL 33771 | 6-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 725 New York St
Date
Details
Price
Change
Source
7/23/2026
Listed
$487,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 725 New York St
725 New York St, Clearwater, FL 33756 (MLS# TB8532067) is a Triplex property with 4 bedrooms and 0 full bathrooms. 725 New York St is currently listed for $487,000 and was received on July 23, 2026. Want to learn more about 725 New York St? 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.

