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3165 Phlox Drive, 
Palm Harbor, FL 34684

$199,999


2

Beds


1

Bath


855

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Kevin Deeley

Keller Williams Realty- Palm H

Last updated:

July 8, 2026, 01:05 PM

MLS#

TB8517639

Source:

MFRMLS

About This Home

3165 Phlox Drive

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1984

Price Summary

199,999

$233 per Sq. Ft.

MLS #:

TB8517639

Last Updated:

July 8, 2026, 01:05 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

855 Sq. Ft.


Structure

Structure

Architectural Style:

Cottage

Building Area:

855 Sq. Ft.

Year Built:

1984


Lot

Lot Size (Sq. Ft):

3,873


Finances & Disclosures

Finances

Price:

$199,999

Price per Sq. Ft:

$233 per Sq. Ft.

MLS Logo
The information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Keller Williams Realty- Palm H is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Realty- Palm H, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.