Active Residential Income
1506 N MADISON AVENUE, CLEARWATER, Pinellas, Residential Income
  • $639,000

Overview

Property ID: TB8534856
  • Quadruplex
  • Type
  • 4
  • Bedrooms
  • 2184 Square Feet
  • Area Size

Description

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.

Address

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  • Address: MADISON
  • City: CLEARWATER
  • State/county: Pinellas
  • Zip/Postal Code: 33755
  • Area: FAIRMONT SUB

Details

Updated on August 7, 2026 at 11:57 am
  • Property ID TB8534856
  • Price $639,000
  • Property Size 2184 Square Feet
  • Land Area 0.23 Square Feet
  • Bedrooms 4
  • Year Built 1959
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • BuildingAreaTotal 2496
  • CommunityFeatures Association Recreation - Lease
  • ConstructionMaterials Block
  • ContractStatusChangeDate 2026-08-01
  • Cooling Central Air
  • CumulativeDaysOnMarket 6
  • DaysOnMarket 6
  • Directions From Gulf-to-Bay Blvd/SR 60, travel north on N Fort Harrison Ave. Turn right onto Palmetto Street, then left onto N Madison Ave. Continue north to 1504–1510 N Madison Ave. The property is located beside the neighborhood park.
  • FoundationDetails Slab
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • LaundryFeatures Other
  • ListAOR Suncoast Tampa
  • ListAgentAOR Suncoast Tampa
  • ListAgentEmail propertiesbyjerome@gmail.com
  • ListAgentFullName Jerome Thompson
  • ListAgentKey 388d650dad7db0cbcb31d09f537f965d
  • ListAgentMlsId 261518596
  • ListAgentPreferredPhone 813-493-2208
  • ListOfficeKey c6322f98fa7dc6103dcb473fda233d70
  • ListOfficeMlsId 260011623
  • ListOfficeName FUTURE HOME REALTY INC
  • ListOfficePhone 813-855-4982
  • ListingContractDate 2026-07-31
  • ListingKey 11fc71aeeb37873d086669c1d775d315
  • ListingTerms Cash, Conventional
  • LivingAreaSource Public Records
  • LotSizeArea 10197
  • LotSizeSquareFeet 10197
  • MLSAreaMajor 33755 - Clearwater
  • MlsStatus Active
  • ModificationTimestamp August 7, 2026 at 10:50am
  • NumberOfBuildings 2
  • OnMarketDate 2026-08-01
  • OriginalEntryTimestamp August 2, 2026 at 02:23am
  • OriginalListPrice 639000
  • OriginatingSystemKey stellar
  • OriginatingSystemName Stellar MLS
  • Ownership Fee Simple
  • ParcelNumber 102915268920070020
  • PhotosChangeTimestamp August 3, 2026 at 02:37pm
  • PhotosCount 15
  • PostalCode 33755
  • PostalCodePlus4 2637
  • RoadSurfaceType Asphalt
  • Roof Shingle
  • Sewer Public Sewer
  • SourceSystemKey 801597267
  • SpecialListingConditions None
  • StateOrProvince FL
  • StatusChangeTimestamp August 2, 2026 at 02:23am
  • StreetDirPrefix N
  • StreetName MADISON
  • StreetNumber 1506
  • StreetNumberNumeric 1506
  • StreetSuffix AVENUE
  • TaxAnnualAmount 5947
  • TaxBlock G
  • TaxBookNumber 9-85
  • TaxLegalDescription FAIRMONT SUB BLK G, LOT 2 & N 1/2 OF LOT 3
  • TaxLot 2
  • TaxYear 2025
  • Utilities Public
  • View Park/Greenbelt
  • WaterSource Public

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Sam Song

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