$157,000
About this home
Investor Listing — Turnkey 1BR/1BA Condo in Clearwater (Lease in Place) Turnkey 1-bedroom, 1-bath condo in central Clearwater — ideal buy-and-hold investment with immediate cash flow, providing predictable income day one. Strong location within 3 minutes to St. Petersburg College, 15 minutes to Clearwater Beach, 20 minutes to Tampa International Airport, 25 minutes to downtown St. Petersburg, and just a block away from MD Now Urgent Care. Fully renovated, minimizing near-term capital outlay. Major shopping, groceries, gyms, and restaurants within a few minutes. Estimated Cap Rate around 8 percent creates an immediate income. Attractive location with strong rental demand and long-term appreciation potential tied to Clearwater/St. Pete market fundamentals. Ask about other units in the building being available in order to expand portfolio and operational efficiencies.
Property details
- MLS #
- MFRTB8525808
- Property type
- Condominium
- Subdivision
- SHELLEY GARDENS 1 CONDO
- Status
- Active
- Days on market
- 70
- On market date
- July 14, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 539
- Student:teacher ratio
- 13.1:1
- District
- PINELLAS
- Enrollment
- 918
- Student:teacher ratio
- 18.4:1
- District
- PINELLAS
- Enrollment
- 60
- Student:teacher ratio
- 30.0:1
- District
- PINELLAS
Walkability
Blended score for CLEARWATER's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in CLEARWATER, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 13 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.