$299,900
707 Prospect Avenue
Clearwater, FL 33756
Listing updated: May 22, 2026 at 6:35 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Excellent investment opportunity! This single-family property offers exceptional flexibility, with zoning that allows for multiple homes on one parcel. Features include a massive block garage, a charming cottage located behind the main house, and plenty of potential for rental income or multi-generational living. Conveniently located with an easy commute to the beaches and just minutes from downtown Clearwater. All units are in rough shape.
Local Insight
At $213/sqft for a 1925 home in Magnolia Park, you're getting decent value for the Clearwater market, especially with no HOA and X flood zone designation—that eliminates a major cost concern. The real question is the bones: a century-old 2-bed/1-bath on a modest quarter-acre lot means you need to carefully inspect for the typical issues (foundation, roof age, electrical/plumbing updates) before committing, since renovation costs can quickly eat into what looks like a bargain. Location-wise, Prospect Avenue puts you in an established neighborhood, but at under 1,500 sqft with only one bathroom, this works best as an entry-level buy or rental property rather than a long-term family home.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history48 days on market
- Status: ActiveApr 4, 2026
- Listed$315,000Apr 4, 2026
- Price reduced$299,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 48
- Subdivision
- Magnolia Park
- County
- Pinellas
- Year built
- 1925
- Living area
- 1,408 sq ft
- Price/sq ft
- $213
- Lot size
- 10,337 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0108J)
- Garage
- 2 spaces
- Annual taxes
- $4,066 (2025)
- Parcel #
- 15-29-15-54450-024-0300
- MLS #
- TB8494013
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Wood
- Appliances
- Other
- Interior features
- Other
- Laundry
- None
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- None
- Cooling
- None
Parking
- Garage spaces
- 2
- Attached garage
- No
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Storage
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- Cable Available, Electricity Available, Public, Sewer Available, Water Available
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Bedroom 2 | First | |
| Kitchen | First | |
| Living Room | First |
Listing Details
- Listing date
- 2026-04-04
- On market date
- 2026-04-04
- Original list price
- $315,000
- Occupant type
- Vacant
- MLS area
- 33756 - Clearwater/Belleair
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-04
- Tax legal description
- MAGNOLIA PARK BLK 24, N 69FT OF LOTS 30, 31 AND 32
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From S Myrtle; east on Druid, north on Prospect to property.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 22, 2026 at 6:35 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA