$399,999

About this home

TURNKEY INVESTMENT | TENANT IN PLACE THROUGH 6/30/27 | $2,700/MO | FULLY REBUILT 2024 | NOT IN A FLOOD ZONE Cash-flowing investment opportunity in Clearwater/Largo, minutes from Clearwater Beach. 1574 Ewing Avenue was taken down to the slab and completely rebuilt in 2024, new roof, new AC, new plumbing, new electrical, and hurricane-impact windows and doors throughout. This isn't a deferred-maintenance flip; it's a near-new-construction asset with a signed lease and reliable rent already in place, making it an ideal buy-and-hold or 1031 exchange acquisition. Current Lease: Tenant occupied on a lease through June 30, 2027 at $2,700/month, tenant responsible for electric and internet. Owner covers water, sewer, and waste (may be a candidate for pass-through/adjustment at renewal). New owner steps into immediate, uninterrupted rental income with no leasing downtime, no make-ready costs, and no vacancy risk for the next lease term. Property Highlights: 3 Bedrooms | 2 Full Bathrooms | 1,324 Sq Ft Complete ground-up rebuild to near-new-construction standard (2024) New roof, HVAC, plumbing, and electrical systems Hurricane-impact windows and doors NOT located in a flood zone High ceilings, open living area, updated kitchen and baths Inside laundry room, washer/dryer included Screened porch and fully fenced backyard Driveway parking for up to 3 vehicles No HOA Minutes to Clearwater Beach, shopping, dining, and Tampa Bay employment corridors Why It Works for Investors: Recent full rebuild minimizes near-term capex exposure (roof, AC, plumbing, electrical, windows all new in 2024) Below-average deferred maintenance risk relative to typical 1970s/80s-era Pinellas County rental stock Locked-in rent with a tenant through mid-2027 supports predictable NOI from day one No HOA restrictions or fees to erode returns Strong rental demand corridor near Clearwater Beach, hospitals, and retail/dining density Sold subject to the existing lease. Buyer to verify lease terms, rent roll, and all information independently. Showings coordinated around tenant's right to quiet enjoyment, please allow advance notice.

Property details

MLS #

MFRTB8542494

Property type

Single Family Residence

Subdivision

BELMONT SUB 2ND ADD

Status

Active

Days on market

1

On market date

August 26, 2026

Stories

N/A

Total bathrooms

2

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.12 acres

Nearby schools

Within 10 miles · public school directory data (NCES)