Two-Bedroom Condo with Split Floor
New
For Sale
$255,000
2291 AMERICUS BLVD W #41, Clearwater, FL 33763
The layout includes two baths, laminate flooring throughout, and potential for a third bedroom or a den.
Property Size1,325 SF
Price / SF$192.45
Days on Market7
Property Features for 2291 AMERICUS BLVD W #41
General Information
Standard status
Active
Size
1,325 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,152
Building Details
Building Size
1,325 SF
Year Built
1993
Listing Agency:
FLAT FEE MLS REALTY
Listed By:
Stephen Hachey · License #261545422
(813) 642-6030
Source:
Stationsquarerealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLAT FEE MLS REALTY
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Investment Insights
Based on property information with market context.
This 1,325-square-foot condominium has two bedrooms and two bathrooms, arranged in a split floor plan. Laminate flooring extends throughout the unit, and the configuration may accommodate a third bedroom or an office/den. The property was built in 1993.
A lake view is part of the unit’s outlook.
A lake view is part of the unit’s outlook.
Key Highlights
- Two bedrooms and two bathrooms
- 1,325 square feet with split bedroom layout
- Potential third bedroom or office/den
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,353
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,060
$327.1K
Cap Rate 7%
$233,614
$233.6K
Cap Rate 9%
$181,700
$181.7K
Market Conditions
NOI Build-Up for 1,325 SF
Gross rent
$31.8K $24.00/SF
− Vacancy
−$2.1K −$1.56/SF
EGI
$29.7K $22.44/SF
− OpEx
−$13.4K −$10.10/SF
NOI
$16.4K $12.34/SF
Area
Clearwater, FL
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,060
Cap Rate 7%
$233,614
Cap Rate 9%
$181,700
Alternative Uses
Best Use
Apartment 5plus
$233.6K
$204.4K – $272.6K
NOI $16,353 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.7K
$325.3K – $433.7K
NOI $26,022 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 33763, FL
18,981
Population
11,638
Households
1.6
Avg Household Size
58
Median Age
28%
College-Educated
93%
High-School Grad
3.4 sq mi
ZIP Area
5,583
Density / Sq Mi
$53,552
Median Household Income
$36,730
Median Earnings
$1,447
Median Rent
$215,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The layout includes two baths, laminate flooring throughout, and potential for a third bedroom or a den.
Where is this residential income property located?
The property is located at 2291 AMERICUS BLVD W #41 Clearwater, FL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms; 1,325 square feet with split bedroom layout; Potential third bedroom or office/den
