15501 61st St N, Clearwater, FL, 33760
$275/sqft·Mundays Add To Four Pines
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At a glance
About this home
15501 61st St N is a 1956-built home in Mundays Add To Four Pines, Clearwater. Inside you'll find 7 bedrooms, 3 bathrooms, and 2,512 square feet of living space. Listed at $689,990 (about $275/sqft), 22 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
INVESTOR SPECIAL — fully remodeled TRIPLEX plus rentable RV pad on an oversized 0.37-acre double lot in unincorporated Pinellas County: no HOA, and short-term rentals ARE permitted. Income starts the day you close — an occupied unit paying $1,850/month plus the seller's offered 12-month leaseback at $1,550/month puts $3,400/month in place at closing, before a single new lease is signed. The rest of the upside is yours to switch on: the recently vacant 2/1 (last rented July-2027 for $1,700) is rent-ready against a $2,020 HUD Fair Market Rent, the occupied unit sits 28% below its $2,580 FMR, and the RV pad adds about $900/month once simple power and water hookups are completed. Fully leased, scheduled rents reach about $7,050/month ($84,600/year) — pro forma NOI of approximately $61,600/year, an 8.8% cap rate at list price. The heavy lifting is done: roof 2018 and solar 2021, both permitted on public record, plus fully remodeled interiors — tile floors, updated kitchens with granite island, updated baths — across two concrete-block buildings, 2,512 heated SF. Three self-contained units (a 2BR plus bonus room where one closet creates a legal third bedroom, and two 2/1s), each with central A/C and separately metered water and electric — tenants pay their own utilities. Total remaining scope roughly $0–10K: add the closet and barn door that finish the bonus room as a true third bedroom — making that unit a genuine 3/1 — and complete the simple power and water hookups for the RV pad. Minutes from US-19, St. Pete–Clearwater International Airport, downtown Clearwater, and the Gulf beaches, with deep rental demand across every strategy: buy-and-hold, DSCR buyers, house-hackers living in one unit while the others pay the mortgage, short-term rental operators, or 1031 exchange. Some exterior photos were taken prior to the 2021 solar panel installation.
The essentials
Location
Elementary
High Point Elementary-PN
Middle
Fitzgerald Middle-PN
High
Pinellas Park High-PN
Districts can re-zone, so verify directly with the district before relying on these.
Annual Tax (2025)
$5,866
Parcel #
32-29-16-59436-007-0050
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Mundays Add To Four Pines
County
Pinellas
MLS Area
33760 - Clearwater
Lot Size
16,017 sqft
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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