111 North Lady Mary Drive

Clearwater, FL 33755

$3,750,000
Price
29
Beds
13,056 Sq. Ft.
$287 / Sq. Ft.
13,056
Sq. Ft.
$287
per Sq. Ft.

Description

New roof ! Amazing opportunity to own 18 units and be a landlord in a great city of clearwater, 1/2 mile feom golf corse never have to wok at a 9 to 5 job, be your own boss, and manage these 18 units.
14 apartments are already rented.
4 vacant for you to pick your own tenants, all units could possibley be rented by time of sale, 4 leases just ended and are now vacant/
there are 11 - 2 bedroom 1 bath apartments renting out between 1450-1600 and 7- 1 bedroom 1 bath apartment s renting from 1300-1450
...New roof ! Amazing opportunity to own 18 units and be a landlord in a great city of clearwater, 1/2 mile feom golf corse never have to wok at a 9 to 5 job, be your own boss, and manage these 18 units.
14 apartments are already rented.
4 vacant for you to pick your own tenants, all units could possibley be rented by time of sale, 4 leases just ended and are now vacant/
there are 11 - 2 bedroom 1 bath apartments renting out between 1450-1600 and 7- 1 bedroom 1 bath apartment s renting from 1300-1450
close to water and amazing retuarants, this is a wonderful opportunity for the smart buyer.
  1. Listed by Lisa Davis • LISA DAVIS POWERHOUSE REAL

Property Details for 111 North Lady Mary Drive

Subdivision Name
BROOKWOOD TERRACE REV
Township
29
Waterfront
No
LISTING UPDATED: 09/23/2024 11:10 AM

Property Details for 111 North Lady Mary Drive

StatusActive
MLS #P4930743
Days on Market163
Taxes$26,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1973
Lot Size0.53 AC / 23,231 SF
CountyPinellas County

Building Information for 111 North Lady Mary Drive

Stories-Residences18Year Built1973Building Size-Lot Size0.53 AC / 23,231 SF

Property Information for 111 North Lady Mary Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Building Name Number: KING COURTS APTS
  • Directions: FROM 690 WEST GO 1.5 MILES TO 8 MILES RIGHT ON DREW . No sign FROM 690 TAKE EXIT 30 TO MERGE ON TO 690 WEST KEEP LEFT TO MERGE ON TO CR 296 1.5 MILES KEEP RIGHT ON SR 690 WEST 8 MILES TWORDS DREW STREET. GO 3.2 MILES TO MAKE A LEFT ON LADY MARY DRIVE. GO DOWN 250 FT TO YOUR DESTINATION ON LEFT.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 111
  • Street Direction Prefix: N
  • Street Name: LADY MARY
  • Street Suffix: DRIVE
  • State: FL
  • City: CLEARWATER
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Number Of Pets: 1
  • Pet Restrictions: NO PIT BULLS OR AGRESSIVE ANIMALE ALLOWED
  • Pet Size: Medium (36-60 Lbs.)
  • Tax Block: 1
  • Tax Book Number: 8-34
  • Tax Legal Description: BROOKWOOD TERRACE REVISED BLK 1, LOTS 5,6 AND N 1/2 OF LOT 7
  • Tax Lot: 7
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 125x183
  • Parcel Number: 15-29-15-12276-001-0050
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 13056
  • Lot Dimensions: 125x183
Property and Assessments
  • Year Built Numeric: 1973
  • Flood Zone Code: AE
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 15
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
  • Num Electric Meters: 18.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Lighting, Private Mailbox, Sidewalk
  • Foundation Details: Block
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 29
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Ninguno, Solid Wood Cabinets
  • Laundry Features: Common Area
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Annual Expenses: $82,554
  • Annual Net Income: $231,300.00
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Garage Spaces 1: 0
  • Unit Type Number Of Units Occupied 1: 9
  • Unit Type Pro Forma 1: 1350
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 7
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Garage Attached 2: No
  • Unit Type Garage Spaces 2: 0
  • Unit Type Number Of Units Occupied 2: 6
  • Unit Type Pro Forma 2: 1600
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 11
Rental
Rental Information
  • Total Actual Rent: $19,275
  • Pets Allowed: Breed Restrictions
  • Max Pet Weight: 50

Property History for 111 North Lady Mary Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 111 North Lady Mary Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$26,505 ($2,209 / month)
Home Facts
Baths18Total Finished SqFt13,056 SqFtAbove Grade Finished SqFt13,056 SqFtStories2Lot Size23,231 SqFtStyleMulti-Family Res (5+ Units)Year Built1973Year Renovated1994CountyPINELLASAPN15-29-15-12276-001-0050

Schools near 111 North Lady Mary Drive

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 9
Rating
School
Distance
Belleair Elementary School
PublicPK to 5

Oak Grove Middle School
Public6 to 8

Clearwater High School
Public9 to 12

Clearwater Intermediate School
Public4 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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111 North Lady Mary Drive is a multi-family home for sale in Clearwater, FL 33755. This property was listed for sale on June 8, 2024 by LISA DAVIS POWERHOUSE REAL, it's currently listed at $3,750,000. It has been on the market for a total of 163 days and was last sold on September 2, 2022. This listing's school district is Pinellas. Nearby schools include Belleair Elementary School, Oak Grove Middle School and Clearwater High School. 111 North Lady Mary Drive is a 29-bed, 0-bath, 13,056 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LISA DAVIS POWERHOUSE REAL, Lisa Davis

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the 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 MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 09/23/2024 11:10 AM