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 known for its lush landscapes, vibrant community spirit, and a serene atmosphere that makes it a perfect place to call home.

Hibiscus Gardens boasts a variety of beautifully designed homes, each with unique architectural features that reflect the coastal charm of Florida. With properties that offer attached homes, residents enjoy the convenience of low-maintenance living while still having the space and comfort of a traditional home. Many of these residences feature open floor plans, modern amenities, and private outdoor areas, perfect for entertaining or enjoying a quiet evening under the stars.

The community is ideally located just minutes from Clearwater Beach, where sun-soaked shores and stunning sunsets await. Residents can take advantage of nearby parks, shopping centers, and dining options that highlight the best of coastal living. Families will appreciate the proximity to highly-rated schools and recreational facilities, making Hibiscus Gardens an ideal choice for those looking to settle down.

Whether you are a first-time homebuyer or seeking a peaceful retirement haven, Hibiscus Gardens offers a welcoming environment filled with friendly neighbors and a sense of belonging. Explore the possibilities of life in this enchanting subdivision, where every day feels like a vacation. Discover your dream home in Hibiscus Gardens today!

$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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