1986 Built Block 3/2 with 2-Car Garage in Clearwater

This 3-bedroom, 2-bathroom block home is located in the Springwood community of Clearwater. Built in 1986, the property has 1,854 sq. ft. living area (approx. 2,400 sq. ft. total under roof) and includes a 2-car garage. While the AC and electrical systems are in good condition, the roof is over 20 years old and will require replacement. The home sits on a 5,188 sq. ft. lot and is available by appointment only.

🛠️ Rehab Scope (Estimated)

• Roof Replacement: The current roof is 20+ years old and needs immediate replacement.
• Cosmetic Updates: Full interior refresh including modern flooring, paint, and fixture updates
• Kitchen & Bath: Update cabinetry and countertops; bathrooms likely need modernization to hit top-of-market value.
• Exterior: Pressure wash and landscape to enhance curb appeal.

🟣 Comparable Sales

1. 2233 Springrain Dr – 3/2 | 2,221 sf | Sold $520,000 ($234/sf) | 02/08/2026 | Condition: Renovated (Larger home, sets the ceiling)
2. 2195 Springrain Dr – 3/2 | 1,602 sf | Sold $490,000 ($306/sf) | 01/29/2026 | Condition: Renovated (Smaller home, high $/sf)
3. 1869 Springbush Ln – 3/2 | 1,357 sf | Sold $375,000 ($276/sf) | 12/27/2025 | Condition: Standard/Dated (Much smaller home)

💰 ARV Analysis

The value proposition here is driven by square footage. The subject property (1,854 sq. ft.) is larger than the recent sale at 1869 Springbush Ln (1,357 sq. ft.), which sold for $375,000. Because the subject has nearly 500 sq. ft. more living space, it commands a much higher bracket.

When looking at the ceiling, 2195 Springrain Dr (1,602 sq. ft.) sold for $490,000 just days ago. The subject property is 250 sq. ft. larger than this comp. While larger homes typically sell for a slightly lower price-per-square-foot, the total value should align with or slightly exceed this $490k benchmark if renovated to a similar standard. The larger 2233 Springrain ($520k) sets a realistic cap, suggesting the subject falls safely in the high $400s to low $500s.

Estimated ARV: $485,000 – $510,000 +/-