Front view of a small beige one-story house with a glass door, multiple windows, and flower boxes under the windows; cluttered yard area on the right.
A single-story beige house with white trim, multiple windows, and a glass-panel door; flower boxes with purple and white blooms line the front wall, and a white lattice skirt runs along the foundation with garden beds and stepping stones nearby.
Exterior of a beige house with several windows, a window box with flowers, and a white lattice along the foundation.
Front exterior of a beige house with multiple windows, a glass-paneled door, and flower boxes along the wall. White lattice edging lines the base.
Side of a beige house with two windows and window AC units; a blue recycling bin with a yellow lid sits in the yard foreground.
Side view of a beige, single-story house with vinyl siding, two small windows, and exposed utility meters along the wall; a sparse yard in front.
Narrow side passage beside a beige siding house with a small wooden stairway and a chain-link fence with vines on the left.
Backyard area of a beige house with a window air conditioner, peeling siding, and a cluttered, leaf-strewn ground nearby the lattice skirting of a small extension.
Narrow enclosed porch with multiple windows along the left wall, a white door on the right, and sunlight casting warm reflections on a brown wood floor transitioning from a carpeted entry area to the corridor-like space.

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1145 Engman St, Clearwater, FL 33755

  • 2 beds | 1 bath
  • 638 sqft
  • Wood frame siding construction
  • Built in 1951
  • Not in a flood zone

Price: $129,000 (Cash Only)
ARV: ~$230,000+
Estimated Rehab: ~$20,000

Property Notes:

  • Home was previously ducted for central AC (currently using window units)
  • LVP flooring in the kitchen and bathroom
  • Carpet in most living areas
  • Laundry hookups located in a small side room
  • Good-sized backyard for the property size
  • Wood frame siding construction

Key Investment Highlights:

  • Strong spread between purchase price and ARV
  • Manageable rehab scope for a cosmetic renovation
  • Small footprint, ideal for a quick flip or rental repositioning
  • Functional layout with existing laundry setup
  • Located in a Clearwater rental and resale market with consistent demand
  • Cash-only opportunity with attractive value-add potential

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Jorge Vazquez CEO
Jorge Vazquez is the CEO of Graystone Investment Group and coach at Property Profit Academy. With 20+ years of experience and 3,500+ real estate deals, he helps investors build wealth through smart strategies, from acquisition to property management. Featured in Forbes and winner of multiple awards, Jorge is known for making real estate simple and impactful. Real estate investor, educator, and CEO helping others build wealth through smart, long-term real estate strategies.
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