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$85,900

1345 DREW STREET UNIT 5, CLEARWATER, FL 33755

3D Tour
Active586 days on market

Beds

1

Baths

1

Sq Ft

560 sq ft

Year Built

1964

Lot Size

0.53 acres

Garage

—

About This Property

Turnkey Income Property – Ideal for Snowbirds Planning Ahead Looking to secure your Florida home now but don’t need it immediately? This 1-bed / 1-bath apartment offers the perfect solution — enjoy guaranteed rental income through February 18, 2027, and move in later when ready. Why This Property Works for Future Seasonal Owners Move-in not required right away Reliable tenant paying $1,100/month through 2/18/2027 Immediate passive income enabling buyers to offset carrying costs before moving in Fantastic central location minutes to Clearwater Beach, golf, dining, Pinellas Trail, Dunedin, hospitals & shopping Tile floors throughout, open layout, enclosed extra-room patio Utilities included: water, sewer & trash + assigned parking at the back door Quiet, private community with on-site laundry New roof in 2025 Driveway and parking area newly paved in 2026

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8355363
StatusActive
Year Built1964
Stories2
Total Rooms3
ConstructionOther
RoofOther
FoundationBlock
FacesNorth
SubdivisionDREW GARDEN APTS
CountyPinellas
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s)
FlooringCeramic Tile
AppliancesElectric Water Heater, Range, Refrigerator
LaundryCommon Area
CoolingWall/Window Unit(s)
HeatingWall Units / Window Unit

Exterior & Lot

ExteriorPrivate Mailbox
Lot Size0.53 acres (22,926 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Public, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$677 / Monthly
Senior CommunityNo

Financial Details

List Price$85,900
Original Price$89,900
Annual Taxes$803 (2024)
Parcel #152915224680000050

Directions

From St. Petersburg (via US-19 N): Take US-19 N toward Clearwater. Exit onto Drew St toward Downtown Clearwater. Turn left onto Drew St and continue for about 1.5 miles. 1345 Drew St will be on your right. From Clearwater Beach: Take Causeway Blvd/FL-60 E toward Downtown Clearwater. Continue straight onto Court St for about 2 miles. Turn left onto S Highland Ave, drive 1 mile. Turn right onto Drew St and continue for 0.3 miles. 1345 Drew St will be on your right.

Location

1345 DREW STREET UNIT 5, CLEARWATER, FL 33755

Listing Information

OfficeCHARLES RUTENBERG REALTY INC
ListedFebruary 27, 2025

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Home Price

$85,900

20% ($17,180)
6.75%

Loan Term

Principal & Interest$446
Property Tax (est.)$79
Insurance (est.)$150
Total Monthly$674
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How to Buy This Home

Multiple financing options available for this $85,900 home in CLEARWATER.

🏛️

FHA Loan

$3,007 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$4,295 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: February 25, 2026.

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