2634 SOUTH DRIVE, CLEARWATER, FL 33759
EHLE SUB · Pinellas County
Key Facts
Description
Rare Clearwater build-to-rent / development opportunity with approved developmental order and plans available for a 16-townhome project (drawings and plan set available for buyer review). The existing property includes a home and a shop—however, the highest and best use is the land and future buildout for long-term rentals or resale. Prime central Clearwater location with quick access to US-19 and major commuter corridors. Convenient for tenants and investors alike: approximately 10 miles to St. Pete–Clearwater International Airport (PIE) and about 18–19 miles to Tampa International Airport (TPA) , plus an easy drive to Clearwater’s world-famous Gulf beaches, shopping, dining, and employment hubs. Ideal for investors seeking a shovel-ready (plan-set in hand) townhome rental community in one of Tampa Bay’s most in-demand submarkets. Buyer to verify zoning, density, approvals/vesting status, impact fees, utilities, and all development requirements with the City/County. All information regarding zoning, approvals, density, and development potential is believed to be accurate but is not guaranteed. Buyer is responsible for verifying all details, approvals, and requirements with the appropriate governing authorities and completing their own due diligence.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1959
Living Area
1,000 sq ft
Lot Size
1.07 acres
Lot Dimensions
225x209
Garage Spaces
3
Ownership
Fee Simple
Zoning
R-4
Days on Market
43
MLS® Listing#
W7883268
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Laundry
Lot Features
Construction
Foundation
Roof
Other Structures
Sewer
Water Source
Rooms
- Bedroom 1First
- KitchenFirst
- Living RoomFirst
- Master BedroomFirst
Financial Details
HOA
None
Annual Taxes
$9,728
Tax year 2025
Parcel Number
05-29-16-25362-000-0040
Directions
US 19 to Sunset Point Rd go east on Sunset point Rd and then turn right on South Dr follow along to property.
Affordability Calculator
$279,000
Estimated monthly payment
$7,425/mo
Principal $1,116,000 · Est. interest $1,556,919 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in CLEARWATER, FL
- $363,021
- Median Listing Price
- 91
- Median Days on Market
- 1,298
- Median Sq Ft
- $262
- Median Price / Sq Ft
- 1,382
- Active Listings
- This home’s price is 284% above the area median.
- Its price per sq ft is 433% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in CLEARWATER, FL.
Location
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Points of Interest in CLEARWATER, FL
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 730 BAY ESPLANADE, CLEARWATER BEACH, FL | $979,000 | 3 | 3 | 1,772 |
| 1540 GULF BOULEVARD 304, CLEARWATER BEACH, FL | $979,900 | 2 | 2 | 1,255 |
| 1540 Gulf Boulevard 304, Clearwater, FL | $979,900 | 2 | 2 | 1,255 |
| 1880 N WASHINGTON AVENUE, CLEARWATER, FL | $989,000 | 4 | 3 | 2,335 |
| 211 DOLPHIN POINT 202, CLEARWATER, FL | $990,000 | 3 | 2 | 1,900 |
| 411 E SHORE DRIVE 508, CLEARWATER BEACH, FL | $993,000 | 2 | 2 | 953 |
Moving Cost Estimate
EXIT Agents in CLEARWATER
Listing Courtesy: DALTON WADE INC - 888-668-8283
Last Updated: 2026-03-03