1506 N Madison Avenue, Clearwater, FL 33755

Clearwater
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
1506 N Madison Avenue,Clearwater, FL 33755
$639,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 2,184 sq. ft.
  • Multi-family
  • Active
Listed by: jerome thompson
Office: future home realty inc
MLS#:TB8534856
Source:MFRMLS

Price summary

  • Price:$639,000
  • Price per sq. ft.:$256.01

About this home

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.

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Home facts

  • Year built:1959
  • Subdivision & Development:FAIRMONT SUB
  • Listing ID #:TB8534856
  • Added:6 day(s) ago
  • Updated:August 13, 2026 at 06:35 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:2,184 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1959
  • Building area:2,184 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$639,000
  • Price per sq. ft.:$256.01
  • Tax amount:$5,947 (2025)

Features and amenities

  • Pool features:Public Pool
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