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2366 SHELLEY STREET #10, Clearwater, FL, 33765

1beds
1baths
585sqft
$157,000
$268price/sqft
$1,307/moest. monthly cost
$52,280/yrincome needed

About This Home

Investor Listing — Turnkey 1BR/1BA Condo in Clearwater (Lease in Place) Turnkey 1-bedroom, 1-bath condo in central Clearwater — ideal buy-and-hold investment with immediate cash flow, providing predictable income day one. Strong location within 3 minutes to St. Petersburg College, 15 minutes to Clearwater Beach, 20 minutes to Tampa International Airport, 25 minutes to downtown St. Petersburg, and just a block away from MD Now Urgent Care. Fully renovated, minimizing near-term capital outlay. Major shopping, groceries, gyms, and restaurants within a few minutes. Estimated Cap Rate around 8 percent creates an immediate income. Attractive location with strong rental demand and long-term appreciation potential tied to Clearwater/St. Pete market fundamentals. Ask about other units in the building being available in order to expand portfolio and operational efficiencies.

Getting Around

63
WalkingSomewhat Walkable
36
TransitSome Transit
62
BikeBikeable

Schools

5/10
6/10
Oak Grove Middle SchoolGrades 6-81.1 mi
5/10
Clearwater High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1968

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: None
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 660
  • Total interior livable area: 585 sqft

Kitchen

  • Level: Second

Living Room

  • Level: Second

Primary Bathroom

  • Level: Second

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second

Property

Details

  • Parcel number: 182916805650000100
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Tornado
Hail
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Pinellas County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $793$9,516
Home Insurance *$64$768
Property Taxes $253$3,036
Electricity $197$2,366
Total$1,307$15,684
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,811/yr
40% on housing$39,210/yr
45% on housing$34,853/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 33765$141
Pinellas County$301

vs Homes Sold Last Month

Median $/sqft

ZIP 33765$267
Pinellas County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-14Listed for sale$157,000
2025-04-16Listing removed$1,500
2024-12-12Listed for rent$1,500
2018-10-19Sold$45,000
2006-05-03Sold$55,000

For Sale by Agent

AgentRichard Miller
BrokerageGOLD REAL ESTATE SOLUTIONS

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