UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,324 sqft
Price per Sqft $302
Subdivision Belmont Sub 2Nd Add
MLS Listing ID TB8542494
Bedrooms 3
Full Baths 2
Construction Status Completed
HOA Y/N No
Year Built 1954
Annual Tax Amount $5,754
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x108
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Pinellas
Community Belmont Sub 2Nd Add
Area 33756 - Clearwater/Belleair
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Stone Counters, Window Treatments
Heating Electric
Cooling Mini-Split Unit(s)
Flooring Luxury Vinyl
Furnishings Turnkey
Fireplace false
Appliance Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Garden, Lighting, Private Mailbox, Private Yard, Storage
Parking Features Driveway
Fence Vinyl
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Exposure East
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8542494
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