$360,000
1226 Magnolia Drive
Clearwater, FL 33756
Listing updated: May 30, 2026 at 9:18 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. Here is your opportunity to own a beautiful home in the heart of Clearwater. Just minutes from downtown, the beaches, shops and restaurants. The solar is owned outright and that translates into a massive savings on your electric bill. This home is located in a charming and established neighborhood that offers the ideal balance of coastal lifestyle and everyday convenience. Once you're inside, you'll love all the natural light. Thoughtfully designed interior where the main living spaces flow effortlessly into an updated kitchen. The split floor plan is desirable and very functional. This home offers an inviting atmosphere ideal for both refined entertaining and relaxed living. This home is attractively priced, presenting a rare opportunity to personalize and elevate the space to your own vision of luxury. A standout feature of the home is the versatile converted garage, offering ultimate flexibility for a private home office, fitness studio, guest suite, or third bedroom. For those who prefer, the space can be easily restored to a traditional garage. Step into the backyard and you'll enjoy the feeling of a private outdoor retreat. Surrounded in a sanctuary of natural beauty, where birds and butterflies create a tranquil setting perfect for unwinding or hosting under the Florida sky.
Local Insight
At $230/sqft for a 1956 home, you're paying below current Clearwater averages, which flags either genuine value or deferred maintenance—the 360° tour should clarify which, and any inspection needs to dig into the bones of a 70-year-old property. The lot is modest at just under a quarter acre, so your upside is limited if you're banking on land value or expansion, but the X flood zone and lack of HOA are genuine positives for affordability and flexibility. Schools here are rated PN (Needs Improvement), which could affect resale appeal and should factor into your long-term hold calculus.
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 history50 days on market
- Status: PendingMay 31, 2026
- Listed$400,000Apr 10, 2026
- Price reduced$360,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 50
- Subdivision
- Mcveigh Sub 1st Add
- County
- Pinellas
- Year built
- 1956
- Living area
- 1,562 sq ft
- Price/sq ft
- $230
- Building area
- 1,602 sq ft (Public Records)
- Lot size
- 9,823 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0108J)
- Annual taxes
- $5,606 (2025)
- Parcel #
- 15-29-15-54018-004-0120
- MLS #
- TB8496324
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Luxury Vinyl, Tile, Wood
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer(s) and Buyer's Broker are responsible to do their own due diligence, and verify any and all rules, restrictions, etc
- Approval process
- Buyer(s) and Buyer's Broker are responsible to do their own due diligence, and verify any and all rules, restrictions, etc
Exterior & Construction
- Exterior features
- Rain Gutters
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 15x22 |
| Kitchen | First | 8x8 |
| Florida Room | First | 13x11 |
| Primary Bedroom | First | 12x14 |
| Bedroom 2 | First | 11x10 |
Listing Details
- Listing date
- 2026-04-06
- On market date
- 2026-04-10
- Original list price
- $400,000
- Occupant type
- Vacant
- MLS area
- 33756 - Clearwater/Belleair
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-31
- Tax legal description
- MCVEIGH SUB 1ST ADD BLK D, LOT 12
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 Court and Missouri, head south on Missouri, turn left onto Magnolia. Home is on the left
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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 30, 2026 at 9:18 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.
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