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$350,000   Price Analysis
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1515 S Prospect Ave
Clearwater, FL 33756
3 bed 2 bath 1,537 SqFt ($227/SqFt)
8,067SqFt lot. Built 1947
Listed 2024-08-23, Taxes $3,219
Ⓧ USDA Ineligible
due to location

near Clearwater

Welcome to a rare and profitable investment in the heart of Clearwater!

This unique property features two separate single-family homes on one lot, making it a versatile option for investors or those looking to offset their mortgage with rental income. Whether youre an experienced real estate investor or a first-time buyer, this is your chance to take advantage of an exceptional house hacking opportunity. Live in one unit and rent out the other or rent both for a steady income stream. Unit 1: Front Unit The front unit is a roomy 2-bedroom, 1-bathroom home that has been recently refreshed and is ready for immediate occupancy. This well-maintained unit offers a bright and open living space, a cozy kitchen and ample storage. Its size and charm make it an attractive option for small families, couples or roommates. With a competitive rental rate, this unit can be quickly leased, ensuring steady income for the new owner. Unit 2: Back Unit The back unit is a charming 1-bedroom, 1-bathroom home, also refreshed and ready t be rented immediately. This cozy space offers privacy and comfort, making it ideal for a single tenant or a couple. Its recent updates, along with the overall appeal of the property, make it a highly desirable rental in the Clearwater market. Both units are currently vacant and have been refreshed to attract new tenants quickly. This means you can start generating immediate rental income with the flexibility to lease each unit separately or rent them together as one property. Whether youre looking for long-term tenants or shorter-term leases, the possibilities are endless. This propertys prime location in Clearwater puts you minutes away from world-famous Clearwater Beach, known for its sugar-white sand s and stunning Gulf Coast sunsets. Its also conveniently close to the Belleair Causeway boat ramp, perfect for water lovers and boating enthusiasts. Whether your tenants are beachgoers, outdoor adventurers or those who appreciate a vibrant community, this location appeals to all. Proximity to top-rated attractions, shopping, dining and entertainment makes this property even more desirable for potential renters, ensuring strong demand year-round. The flexibility of two separate homes on one lot offers several benefits that traditional duplexes cant match, including more privacy for tenants and higher potential rents for the owner. The property is turnkey and offers plenty of opportunities for future appreciation in this highly sought-after location. Its a rare find in a city that combines the best of Florida living with excellent investment prospects. Whether youre looking to expand your portfolio, start your real estate journey or secure a profitable investment in a growing market, this Clearwater property is your chance to achieve your financial goals. Dont miss out on the opportunity to transform this hidden gem into a highly lucrative asset!

Properties like this dont stay on the market long. Schedule your showing today and seize this chance to invest in one of Floridas most desirable locations. With immediate rental potential, a prime location and flexible options, this is an investment opportunity you cant afford to pass up. Contact us today to learn more and make this property yours!


Presented by Tom Blystone with REAL Brokerage at
REAL BROKER, LLC.
Listing Agent Photo

Property MLS #T3550861 from StellarMLS

Bedrooms: 3
Primary Bedroom Dimensions: 10 x 10
Bedroom 2 Dimensions: 10 x 10
Primary Bedroom Level: First
Bedroom 2 Level: First

Total Rooms: 4
Living Room Dimensions: 15 x 15
Living Room Level: First

Total Bathrooms: 2
Full Bathrooms: 2

Eat-in Kitchen
Stone Counters
Flooring: Vinyl

Electric Water Heater
Range
Refrigerator

Cooling Features: Wall/Window Unit(s)
Heating Features: Electric

Kitchen Dimensions: 10 x 10
Kitchen Level: First

Courtyard
Fencing: Chain Link, Wood
Road Surface Type: Paved

Lot Description: City Limits
Lot Size Acres: 0.1851928
Lot Size Dimensions: 75x108
Lot Size Square Feet: 8067

Elementary School: Ponce de Leon Elementary-PN
High School: Clearwater High-PN
Middle School: Largo Middle-PN

Ponce De Leon Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Largo Middle School is a public middle school located approximately 2.4 miles away.
directions icon Map directions

Clearwater High School is a public high school located approximately 2.5 miles away.
directions icon Map directions

Woodlawn Community Academy is a private elementary, middle and high school located approximately 0.7 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions: The buyer/buyer's agent is responsible for verifying all information pertaining to this property, including square footage, room sizes, conditions, rules, regulations, pet restrictions and rental restrictions.

Lease Term: Minimum Lease: 8-12 Months

Annual Tax Amount: 3448.9
Source Listing Status: Active
County: Pinellas
Directions: From Tampa, Take FL-60 W/State Rd 60 W to Woodlawn St in Clearwater. Pass by Taco Bell (on the right in 13.4 mi) Turn left onto S Missouri Ave. Turn right onto Woodlawn St. Turn left onto S Prospect Ave. Destination will be on the left.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 33756 - Clearwater/Belleair
Source Neighborhood: BELMONT SUB 2ND ADD
Parcel Number: 22-29-15-07938-004-0440
Postal Code Plus 4: 2133
Subdivision: BELMONT SUB 2ND ADD
Township: 29
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$155,900
$3,219
2021$unknown + $unknown
$141,727
$2,953
2020$unknown + $unknown
$128,843
$2,681
2019$80,900 + $36,230
$117,130
$2,431
2018$unknown + $unknown
$64,379
$1,519
2017$61,544 + $11,366
$72,910
$1,295
2016$unknown + $unknown
$64,809
$1,187
2015$unknown + $unknown
$64,394
$1,148
2014$unknown + $unknown
$55,993
$1,029
2013$unknown + $unknown
$47,032
$916
2012$unknown + $unknown
$36,340
$780
2011$unknown + $unknown
$56,268
$1,194
2010$unknown + $unknown
$70,415
$1,475
2009$unknown + $unknown
$84,062
$1,767
2008$unknown + $unknown
$109,200
$2,223
2007$unknown + $unknown
$133,200
$2,655

Listed 2024-08-23
$350,000
StellarMLS
Listing removed 2024-07-16
$350,000
StellarMLS
Listing removed 2024-07-16
$350,000
StellarMLS
Listing removed 2020-09-19
$0
AppfolioUnits
Listed for rent 2020-09-07
$1,100
AppfolioUnits
Listing removed 2020-09-06
$0
AppfolioUnits
Listed for rent 2020-08-06
$1,100
AppfolioUnits
Listing removed 2020-07-14
$0
AppfolioUnits
Listed for rent 2020-06-12
$1,100
AppfolioUnits
Sold 2018-10-17
$150,000
StellarMLS
Price Changed 2018-09-11
$158,000
StellarMLS
Price Changed 2018-09-04
$163,000
StellarMLS
Listed 2018-08-23
$168,000
StellarMLS
Sold 2003-01-15
$92,500
Public Record
Sold 1995-04-28
$52,900
Public Record

Total Square Feet Living: 1537
Year Built: 1947
Building Area Source: Public Records
Building Area Total: 1771
Construction Materials: Wood Frame
Direction Faces: West
Foundation Details: Pillar/Post/Pier
Levels: One
Property Age: 77
Roof: Shingle
Levels or Stories: 1
Building Total Stories: 1
Architectural Style: Cottage

Sewer: Public Sewer
Electricity Connected
Water Source: Public
Click Thumbnail Images To View Full Size
house_viewkitchenunknownunknownunknown
unknownbathroom

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.