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Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1954
Sq.Footage
1,324
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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, High Ceilings, Stone Counters
-
Total Bedrooms
3
-
Bathrooms
2
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
Garden, Lighting, Private Yard, Storage
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.12
-
Lot Size(square feet)
5,388
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$399,999
-
Tax Amount
$5,754.77
-
Sq. Footage
1,324
-
Price/SqFt
$302
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
12
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Hewett , IMPERIO REAL ESTATE
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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