5 months on rocket

Sale Pending

403 Magnolia Dr, Clearwater, FL, 33756

$2,500,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
7 Full Baths, 1 Partial
7,223 SqFt
$346/SqFt
House
Schools Nearby

Location

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403 Magnolia Dr, Clearwater$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat, Circular Driveway, Curb Parking, Driveway, Ground Level, Guest, Off Street
Year Built1925
HeatingCentral, Electric
CoolingCentral Air
ViewGarden, Pool, Trees/Woods, Water
Private PoolYes
MLS #U8220988
Lot Size0.54 Acres
StatusSale Pending
(Pending)

About 403 Magnolia Dr

Under contract-accepting backup offers. Welcome to 403 Magnolia Dr., a stunning Colonial Revival home located in the renowned 'Florida Heritage' neighborhood of Harbor Oaks, nestled in downtown Clearwater. This exceptional property, built between 1918 and 1925, has been thoughtfully restored, updated, and modernized to offer the epitome of elegance. With 9,644 square feet of living space, this residence boasts 7 bedrooms, 7.5 bathrooms, and exquisite hardwood flooring throughout. Step inside and be greeted by the grandeur of the east and west formal living rooms, bathed in natural light streaming through the floor-to-ceiling windows. This home is designed for effortless entertaining, offering a sun-filled solarium, a cozy library, a spacious family room, and a formal dining room. The deluxe kitchen is a culinary enthusiast's dream, featuring top-of-the-line stainless steel appliances, a Dacor gas oven and range, and a convenient walk-in pantry. The first level also includes a generous laundry room that leads to the maid quarters. Ascending to the second level, you will discover two master bedrooms, each with private access to the expansive wrap-around deck and lanai. These master bedrooms boast luxurious 'Restoration' style bathrooms, exuding elegance and sophistication. Adjacent to the master suites, you will find several guest rooms and a bright Moroccan-themed living room, creating a tranquil and inviting atmosphere. Continuing to the third level, a magnificent master-style in-law suite awaits, complete with a full bathroom, a cozy fireplace, a sun deck, and multiple storage rooms. The home is situated on over half an acre of meticulously landscaped grounds, showcasing an elegant tropical pool and spa deck, offering a private oasis to relax and unwind. Conveniently located, this home allows for easy access to downtown Clearwater, where you can explore a multitude of shopping, dining, and entertainment options. Additionally, the world-famous Clearwater Beach is just a short five-minute drive away. All measurements provided are approximate, and buyers are encouraged to verify them. Experience the pinnacle of refined living at 403 Magnolia Dr., where timeless elegance and modern comforts seamlessly blend together to create a truly remarkable home. “Rent-to-Buy” option would be considered.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Florida, French Provincial
  • Year Built: 1925
  • Stories: 3
  • Living Area: 7,223 SqFt

Listing Office:

  • Office Name: ENGEL & VOLKERS BELLEAIR
  • Office Phone: (727) 461-1000
  • Listing Agent: Andrea Mazzini

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Tile, Wood
  • Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Garden, Pool, Trees/Woods, Water
  • Exterior: Balcony, Courtyard, French Doors, Garden, Hurricane Shutters, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sprinkler Metered, Storage

Parking Information:

  • Parking: Boat, Circular Driveway, Curb Parking, Driveway, Ground Level, Guest, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Golf Course, Oversized Lot, Private, Sidewalk, Paved
  • Lot Size: 0.54 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Clearwater High School, Public Magnet Grades 9-12
  • Largo Middle School, Public District Grades 6-8
  • Belleair Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Use Google Maps. Ft. Harrison- Turn west onto Magnolia Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $346/SqFt

Tax Information:

  • Annual Amount: $27,716
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Clearwater, FL.

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Clearwater, FL

City

Med. Sold Price

$353.5K

Med. Price/SqFt

$259

Avg. Days On Market

52

# of Sold Homes

265

403 Magnolia Dr vs Clearwater

167 DAYS ON ROCKET

+115 Days

$2,500,000

+$2.1M More

$346/SqFt

+$87 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $87/SqFt more than other homes in Clearwater, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8220988

Listing Office:

  • Office Name: ENGEL & VOLKERS BELLEAIR
  • Office Phone: (727) 461-1000
  • Listing Agent: Andrea Mazzini

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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 Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 10:19:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 26, 2018Home Sold
$1,500,000
Sep 24, 2014Home Sold
$1,039,000
May 17, 2012Home Sold
$798,000

Tax History

YEARPROP. TAXASSESSMENT
2020$27,716$1,346,290
2019$26,217$1,263,057
2018$23,070$1,090,581
2017$20,240$991,437

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2700625
4
/10

  • Belleair Elementary School

  • 1156 Lakeview Rd

  • 0.87 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2700626
3
/10

  • Largo Middle School

  • 155 8th Ave SE

  • 3.43 miles

  • Public District Grades 6-8

High School

school-card-donut-2700627
3
/10

  • Clearwater High School

  • 540 S Hercules Ave

  • 2.89 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,609. Typical income of Clearwater, FL residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 403 Magnolia Dr

What is the listing price of this property?

The listing price of 403 Magnolia Dr property is $2,500,000.

What type of property is this?

The property 403 Magnolia Dr is a house located in Clearwater, Florida, 33756.

Is this property for sale now?

Sale Pending: 403 Magnolia Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 403 Magnolia Dr are:
Belleair Elementary School: GreatSchools Rating 4/10
Largo Middle School: GreatSchools Rating 3/10
Clearwater High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $27,716 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 26, 2018 for $1,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 403 Magnolia Dr has 7 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 403 Magnolia Dr is 7,223 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 403 Magnolia Dr is 1925.

Rocket Homes›Florida›Pinellas County›Clearwater›33756›403 Magnolia Dr

This home is located at 403 Magnolia Dr in Clearwater, FL and zip code 33756 in the Harbor Oaks neighborhood. This 7,223 square foot home, which was built in 1925, sits on a 0.54 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 13, 2023 and is currently priced at $2,500,000.

Clearwater, FL housing market in March 2024 saw over 27 listings sold above listed price, more than 45 sold at listed price and over 193 sold below. The inventory of homes for sale in Clearwater, FL between February 2024 and March 2024 increased by 11.9%. While the average time on the market in March 2024 was 52 days, the median list price was $353,506.

From Rocket Homes Real Estate and based on county public records data.

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