Clearwater Northwood Pool Rehab, 4/2.5, 2,288 SF

Built in 1980, this 2,288 sq. ft. wood-frame single-family home sits on a 12,489 sq. ft. corner lot in the Northwood Estates / Deer Run pocket of Clearwater. The home is configured as a 4 bed / 2.5 bath with a 2-car attached garage, in-ground pool, screened lanai, and one-story layout. Seller notes indicate a 2022 HVAC and a 2010 shingle roof. Photos show a livable but dated owner-occupied property needing a full resale-level renovation, including kitchen, baths, interior finishes, electrical correction, pool cleanup, screen cage / lanai work, exterior wood/siding repair, paint, and landscaping. Flood Zone X.

House Assets:

• True 4-bedroom layout over 2,200 SF
• Private in-ground pool with screened lanai
• 2-car attached garage
• Large 12,489 SF corner lot
• 2022 HVAC
• Flood Zone X

Repairs Needed (Estimate):

• Roof
• Kitchen: Dated cabinets, counters, lighting, and finishes. Full resale-level update needed.
• Bathrooms: 2.5 baths need full modernization or heavy refresh.
• Flooring / Paint / Interior Finishes: Full interior paint, flooring updates, trim, fixtures, lighting, and punch work.
• Electrical: Needs a panel condition
• Pool / Equipment: Green pool, deferred maintenance, possible equipment service, leak check, and potential resurfacing.
• Screen Cage / Lanai / Patio: Screen enclosure and lanai show heavy deferred maintenance.
• Exterior Wood / Siding / Paint / Landscaping

🟣 Comparable Sales

1. 2513 Frisco Dr | 4/2 | 2,316 SF | $725,000 Closed Jan 2026 ($313/SF). Best direct ARV comp. Similar size, 4-bedroom layout, pool, 2-car garage, and fully updated condition.
2. 2932 Sweetgum Way S | 3/2 | 1,916 SF | $670,000 Closed Apr 2026 ($350/SF). Very close fully remodeled Northwood Estates pool sale. Smaller and only 3/2, but proves strong buyer demand for renovated pool product.
3. 2558 Knotty Pine Way | 3/2.5 | 2,575 SF | $685,000 Closed Dec 2025 ($266/SF). Same Northwood Estates neighborhood, larger footprint, pool, updated condition, but inferior bedroom count.
4. 2567 Frisco Dr | 5/3 | 2,852 SF | $775,000 Closed Oct 2025 ($272/SF). Larger, renovated Northwood West pool home with stronger utility and upgrades. Upper support, not a direct plug-in comp.
5. 2459 Parkstream Ave | 4/3 | 2,396 SF | $795,000 Closed Jan 2026 ($332/SF). Fully updated Countrypark / Countryside pool home with 3 full baths, tile roof, block/stucco construction, and superior finish. Ceiling comp.

🟡 ARV & Rental Analysis

The best direct support is 2513 Frisco at $725,000, while 2932 Sweetgum and 2558 Knotty Pine support the high-$600s even with inferior bedroom count. The $775K to $795K sales show the top-end buyer pool exists nearby, but those homes are larger, cleaner, better updated, or functionally superior.  If renovated well and the roof/pool/cage issues are handled properly, this property should target the low-$700s.

Estimated ARV: $685,000 to $725,000 +/-

Projected Rent: $3,800 to $4,250/mo +/-