1345 DREW STREET UNIT 5, CLEARWATER, FL, 33755
Active528 days on marketListed Feb 27, 2025MLS #TB8355363
About this home
1345 DREW STREET UNIT 5
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
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
560
Sqft
0.53 ac
Lot size
1964
Year built
One
Levels
$153
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,448 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,448/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−10.3%
$/sqft vs Clearwater actives
$153 vs $227
Days on market
528 vs 55 typical
Where $153/sqft sits among the 399 Clearwater actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Downtown
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Clearwater. See the full Clearwater guide →
Downtown — neighborhood snapshot
Population
4,795
Median age
42
Median income
$42,329
Median home value
$99,860
Avg household
3
Households w/ children
369
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Clearwater market
$328K → $306K
Clearwater median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
226 of 399
Clearwater actives have cut their price
Median sold price, Clearwater, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 76% below the CLEARWATER 33755 median. See the full Clearwater market guide →
Paper trail
This home's history
Reality check
What actually sold near 1345 DREW STREET UNIT 5
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$203,500
1240 S MISSOURI AVENUE UNIT 414
1 bd · 1 ba · 485 sqft · $420/sqft · 29 DOM
Sold · Sep ’25$186,000
1240 S MISSOURI AVENUE UNIT 415
1 bd · 1 ba · 485 sqft · $384/sqft · 121 DOM
Sold · Sep ’25$97,000
1235 S HIGHLAND AVENUE UNIT 5-703
1 bd · 1 ba · 659 sqft · $147/sqft · 36 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 1345 DREW STREET UNIT 5 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1345 DREW STREET UNIT 5 — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1345 DREW STREET UNIT 5 FAQs
What would the monthly payment be for 1345 DREW STREET UNIT 5?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,448/mo — principal and interest, the actual property-tax bill, the $677/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1345 DREW STREET UNIT 5?+
The association fee works out to $677 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1345 DREW STREET UNIT 5?+
The most recent tax bill on record (2024) was $803. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1345 DREW STREET UNIT 5?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Clearwater?+
At $85,900, this home is listed about 69% below the Clearwater median of $275,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1345 DREW STREET UNIT 5?+
Belleair Elementary School (elementary), Clearwater High School (high), Oak Grove Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the CLEARWATER 33755 market on paper
$85,900 is 76% below the CLEARWATER 33755 median of $362,450, and at $153/sqft it sits under the Clearwater average of $275.
02Know the monthly fee
The association fee is $677/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Time on market is leverage
528 days on market against a Clearwater median of 55 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $89,900, now $85,900 — a $4K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CHARLES RUTENBERG REALTY INC · Leiza Halsey. MLS #TB8355363.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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