• $199,999List Price
  • ActiveStatus
  • 36Number of Photos
  • 28.070878Latitude
  • 3165 Phlox DriveAddress
  • Phlox DriveStreet
  • Palm HarborTown
  • FLState
  • 34684Zip
  • PinellasCounty
  • ResidentialProperty Type
  • TB8517639MLS Number
  • 2Bedrooms
  • 1Full Bath
  • 855Square Feet
  • 1984Year Built
  • 0.09Acreage

Listing Tools

Calling All Investors, Flippers & DIY Enthusiasts - Value-Add Opportunity in Palm Harbor's Cloverplace $199,999 | 855 Sq Ft | 2 Bed / 1 Bath | HOA Only $230/Month This villa-style home in the highly sought-after Cloverplace community is a rare find for anyone looking to build equity through renovation. Compact and efficient, this is an ideal scale for a first flip, a manageable DIY project, or a low-maintenance rental - with good bones, a smart layout, and a location that already commands strong demand. Why This Deal Works: Priced to leave room for renovation budget - at $199,999, this is one of the most accessible entry points into Cloverplace, leaving equity room to invest in updates and still land below comparable renovated homes in the area Right-sized for a fast turnaround - 855 sq ft keeps renovation costs and timelines manageable, ideal for a first-time flipper or a weekend-warrior DIY project Just $230/month HOA - covers water, sewer, trash, and exterior/community maintenance, keeping your carrying costs low during renovation and your margins protected after Land ownership - no lot-lease traps eating into your returns Investor-friendly community - no restrictive rental caps working against your exit strategy Only one shared wall - near-single-family feel and privacy, which commands a premium with buyers and tenants alike Private fenced backyard - instant value-add potential for outdoor living space, a huge draw for resale or rental. The Upside: The layout offers real flexibility for a renovation plan: the primary suite connects via sliding glass doors to a bonus room ideal for staging as a home office, den, or fitness space - a feature today's buyers pay extra for, and one that helps this 2-bed unit feel bigger than its footprint. Open living/dining flow gives you a blank canvas for a full kitchen and interior refresh without major structural work. The Numbers Story: Cloverplace homes are known for strong desirability and affordability in the Palm Harbor market, close to shopping, dining, and a short drive to Gulf beaches - all things that support strong resale value or rental demand once updates are complete. With a low entry price, low HOA, and a compact footprint, this deal keeps your total investment (purchase + renovation) well-positioned against post-renovation comps. Whether your plan is fix-and-flip, buy-and-hold rental, or a live-in renovation, the fundamentals here - location, land ownership, low carrying costs - do a lot of the heavy lifting for your business plan. This is the kind of project that doesn't sit on the market long. Schedule your showing today and run your numbers on Cloverplace best value opportunity.

Location

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 7, 2026 2:32 PM UTC. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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