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1506 N MADISON Avenue
CLEARWATER FL 33755 US

$639,000

Active Listing ID TB8534856
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4 bed
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2,184 square feet
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4.00 Bath (4 Full)
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Lot: 0.23 Acres
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Quadruplex

$639,000

Active Listing ID TB8534856
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1506 N MADISON Avenue 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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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Roof Type: Shingle
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 639000
  • unparsedaddress: 1506 N MADISON Avenue
  • postalcity: CLEARWATER
  • stateorprovince: FL
  • country: US
  • postalcode: 33755
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 2184
  • livingareaunits: Square Feet
  • latitude: 27.980527
  • longitude: -82.789591
  • listagentfullname: Jerome Thompson
  • listagentemail: propertiesbyjerome@gmail.com
  • listagentkey: 3yd-MFRMLSFL-261518596
  • listagentmlsid: 261518596
  • listagentpreferredphone: 8134932208
  • listagentofficephone: 8134932208
  • listofficekey: 3yd-MFRMLSFL-260011623
  • listofficemlsid: 260011623
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1959
  • listingcontractdate: 2026-07-31
  • listagentfax: 8138554781
  • listagenturl: http://www.FutureHomeRealty.com
  • countyorparish: Pinellas
  • parcelnumber: 10-29-15-26892-007-0020
  • cooling: Central Air
  • constructionmaterials: Block
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • view: Park
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • rooms: Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.78959, 27.980528
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Future Home Realty, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"propertiesbyjerome@gmail.com", "ListBrokerageCity":"Tampa", "ListBrokerageCountry":"US", "ListBrokerageEmail":"BobMcDugald@FutureHomeRealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/994228b14a6f11e0b7aa00219b994c72/20110309120836205.png", "ListBrokerageName":"Future Home Realty, Inc", "ListBrokeragePhone":"(727) 409-3368", "ListBrokeragePostalCode":"33626", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"13029 W. Linebaugh Ave Ste 101", "ListBrokerageWebsiteUrl":"http://www.FutureHomeRealty.com", "ListOfficeAddress1":"13029 W Linebaugh Av Ste 101", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"260011623", "ListOfficeCity":"Tampa", "ListOfficeCountry":"US", "ListOfficeEmail":"bobmcdugald@futurehomerealty.com", "ListOfficePostalCode":"33626", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - CLEARWATER, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1506-N-Madison-Ave_Clearwater_FL_33755_M94479-03685?f=listhub&s=MFRMLSFL&m=TB8534856&c=rexren", "MLSModificationTimestamp":"2026-08-07 19:17:23", "Neighborhoods":[{"Description":null, "Name":"FAIRMONT SUB"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5947, "TaxDescription":"FAIRMONT SUB BLK G, LOT 2 & N 1/2 OF LOT 3", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/7/2026 7:25:52 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Jerome Thompson, FUTURE HOME REALTY INC, propertiesbyjerome@gmail.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.