Hibiscus Gardens Homes with Attached Property Description

Welcome to Hibiscus Gardens, a hidden gem nestled in the heart of Clearwater, Florida, within the picturesque Pinellas County. This charming subdivision is a perfect blend of tranquility and convenience, making it an ideal place for families, retirees, and anyone looking to embrace the laid-back Florida lifestyle.

Hibiscus Gardens boasts a variety of homes, each uniquely designed to cater to diverse tastes and preferences. From cozy single-family residences to spacious multi-bedroom homes, there’s something for everyone in this vibrant community. Many properties come with attached garages, providing ample space for vehicles and extra storage, while beautifully landscaped yards invite residents to enjoy the sun-soaked Florida weather.

Living in Hibiscus Gardens means you’re just a stone’s throw away from Clearwater’s stunning beaches, renowned for their soft white sands and crystal-clear waters. Enjoy leisurely strolls along the coast, indulge in water sports, or simply bask in the sun with friends and family. The area is also home to an array of shopping, dining, and entertainment options, ensuring that you’ll never run out of things to do.

Community spirit thrives in Hibiscus Gardens, with friendly neighbors and various local events fostering a sense of belonging. Whether you’re taking a leisurely bike ride through the neighborhood or gathering for community events, you’ll quickly feel at home in this welcoming enclave.

Discover the charm and convenience of Hibiscus Gardens, where your dream home awaits in sunny Clearwater, Florida. Embrace a lifestyle that combines comfort, community, and coastal beauty!

$338,800

4 Beds ⋅ 2 Baths ⋅ Hibiscus Gardens SubDv. ⋅ 33756 Zip Code

Rare high-appreciation investment opportunity in downtown Clearwater! This property is located in a prime downtown location, with no HOA, and is in Flood Zone X. The property is a two-story duplex. Each unit is 1,080 sq ft and includes 2 bedrooms and 1 bathroom. There is also a detached garage of approximately 300 sq ft next to the main building. The seller has already completed the pre-construction site preparation and cleanup work and has obtained a complete set of architect-prepared, signed and sealed plans for permit application. The plans include the renovation design for the two existing residential units and the conversion of the detached garage into a third residential unit, including cabinetry, a bathroom with a shower, and living space. The buyer does not need to start from scratch. The key component—the architect-prepared, signed and sealed plans—has already been completed by the seller. The buyer only needs to prepare any additional supporting documents required by the City and submit them together with the plans for permit approval. The estimated permit review timeframe is approximately 3–4 weeks. Once the permit is approved, construction can begin according to the existing plans. Except for the roof, which was replaced in 2014, all other parts of the property require a full renovation. A buyer may first renovate and rent the two existing residential units to begin generating substantial rental income, then convert the detached garage into a third residential unit according to their own timeline, subject to City approval. Upon completion of the planned renovation and conversion, the property would consist of three residential units with approximately 2,450 sq ft of total living space. The proposed three-unit configuration offers strong long-term rental income and appreciation potential. This property is especially well suited for a long-term rental owner seeking greater rental income from three residential units, an owner-occupant who plans to live in one unit while renting the others, or a contractor or experienced renovation professional seeking resale profit through the completion of the renovation.

1216 Franklin Circle, Clearwater

Hibiscus Gardens Homes with Attached Property Description

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