2019 MAGNOLIA DRIVE
About This Property
The 1,658 sq ft interior is designed with a split-bedroom floor plan, balancing privacy with functionality. The primary suite is oversized, complete with a walk-in closet and a tastefully renovated bathroom featuring modern fixtures and a walk-in shower. On the opposite side, two generous bedrooms and a full updated bath offer comfort and flexibility for family or guests.
The kitchen is a true centerpiece, blending design and practicality. Highlights include shaker-style cabinetry with soft-close features, subway tile backsplash, stainless steel appliances, a breakfast bar, and a roomy pantry. The kitchen flows seamlessly into the dining and living spaces, making it ideal for entertaining or casual everyday living. Throughout the home, you'll find new laminate and tile flooring, updated lighting, LED ceiling fans, and fresh interior and exterior paint-all of which create a crisp, move-in-ready feel.
Key system updates provide added value and assurance: Roof (2021), HVAC (2017) with new ductwork and insulation (2023), water heater (2015), Eaton electrical panel (2018), plus multiple hurricane-rated doors and windows for safety and efficiency.
The backyard is designed for relaxation and fun. A resurfaced and retiled pool (2024) is surrounded by new pavers, while a hot tub, pergola, and pool heater create a true outdoor retreat. New landscaping, fencing, and an upgraded well and sprinkler system complete the outdoor features. Additional conveniences include a spacious two-car garage with storage, included washer and dryer, and two sets of keys with a garage remote.
Ownership is simple with no HOA fees and no flood insurance required. The location is unbeatable: just half a mile from the Pinellas Trail, one mile to Downtown Dunedin and Edgewater Park, five miles to Clearwater Beach, and seven miles to Honeymoon Island. Shopping, dining, medical centers, and entertainment are all within easy reach, making this property ideal for both everyday living and enjoying the best of Florida's Gulf Coast.
With its extensive updates, oversized lot, elevated placement, and resort-style outdoor space, 2019 Magnolia Drive is one of the most compelling homes available in Pinellas County. Schedule your private showing today and experience everything this remarkable property has to offer!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Price Decreased |
$580,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Sep 12, 2025 | Price Decreased |
$589,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 18, 2025 | Listed by CHARLES RUTENBERG REALTY INC | $599,999 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017