1508 ARIES LANE, Clearwater, FL 33755
Duplex - CLEARWATER, FL
- Added:
- Jun 12, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 22 at 5:06 pm
Property Features for 1508 ARIES LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Driveway, Garage, Garage - Attached
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat, Window Treatments
- Exterior features
- Awning(s)
- Standard status
- Active
- APN
- 11-29-15-82630-000-0070
- Size
- 2,368 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5990.06
Utilities
- Heating system
- Central, Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1972
- Number of units
- 2
- Building materials
- Concrete, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Joanne Pucci License #3221041 (727) 657-7692
Listing office CAPSTONE REALTY & ASSOCIATES 1433 Gulf to Bay Blvd, Suite E, Clearwater, FL (727) 301-7855
Listing date Jun 12, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing duplex built in 1972 with 2 units, each with 2 bedrooms and 2 bathrooms
- Separate water and electric meters for each unit to help manage owner utilities and expenses
- Unit 1508 is vacant; Unit 1510 is tenant‑occupied
- Each unit includes private washer and dryer located in the garage
- Includes attached garage for Unit 1508 and detached garage for Unit 1510
- Central air cooling and central electric heat/heat pump with ceiling fans and window treatments
Overview
Unit 1508 is currently vacant and has the attached garage. Unit 1510 is tenant-occupied and has a detached garage. The property is situated on a quiet cul-de-sac and is identified as being in a non-flood zone.
For investors seeking a residential income property with utility separation, this duplex offers straightforward two-unit living with in-unit laundry setups and dedicated garage parking. With one unit available immediately and the other occupied, it may support an owner’s goal of maintaining rental income while positioning the vacant unit for occupancy or rental renewal.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.7k | $21.00 |
| − Vacancy | −$3.1k | −$1.30 |
| EGI | $46.7k | $19.70 |
| − OpEx | −$14.0k | −$5.91 |
| NOI | $32.7k | $13.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.764773
- Latitude
- 27.982339
