Updated 55+ Condo in
2005 GREENBRIAR BOULEVARD 2, Clearwater, FL 33763
Bright, updated first-floor condo in a convenient Clearwater location.
Type:Condo/Townhome
Property size:
635 SFLot size:
1.41 AcresPrice / SF:
$165/SF- Added:
- Mar 23, 2026
- Days on Market:
- 57
- Last Refresh:
- Apr 6 at 1:44 am
Property Features for 2005 GREENBRIAR BOULEVARD 2
General Information
- Standard status
- Active
- Size
- 635 SF
- Lot size
- 1.41 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1970
Listing agent Katherine Daley License #3026452
Listing office GRAHAM GROUP REALTY (727) 415-3093
Listing date Mar 23, 2026
Source Exitrealty
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 GRAHAM GROUP REALTY
HighLights
- Located in Flood Zone X and a Non‑Evacuation Zone.
- Updated kitchen, bath, flooring, windows, and doors.
- First‑floor unit in a 55+ community with assigned parking close to the unit.
- Convenient location near Countryside Mall, Dunedin, TD Ballpark, and Gladys Douglas Preserve.
- Access to Greenbriar Club amenities: heated pool, exercise room, community room, kitchen, and library.
- No Milestone inspection needed.
Overview
This first-floor 55+ condo in Greenbriar is located in Flood Zone X and a non-evacuation zone. The property features updated kitchen and bath, as well as updated flooring, windows, and doors. A patio in the back allows enjoyment of outdoor living. The Greenbriar Club offers social activities and a heated pool and exercise room. There is also a community room, kitchen, and library. The two-story building does not require a Milestone inspection. The location provides convenient access to Countryside Mall, Dunedin, TD Ballpark, the Toronto Blue Jays spring training headquarters, and Gladys Douglas Preserve. Honeymoon Island and Gulf beaches are a short drive away, and Tampa International Airport is approximately 30 minutes away. The property is sold "as is" for the convenience of the seller. This is a 55+ leasehold property with the lease term ending on 07/17/2068. Rentals and pets are not allowed. The property size is 635 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$87.1K
NOI $7,837 @ 9.00% cap · cautious / downside scenario
Moderate
$112.0K
NOI $7,837 @ 7.00% cap · market / base-case scenario
Aggressive
$156.7K
NOI $7,837 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.2k | $24.00 |
| − Vacancy | −$991 | −$1.56 |
| EGI | $14.2k | $22.44 |
| − OpEx | −$6.4k | −$10.10 |
| NOI | $7.8k | $12.34 |
635 SF · lease $24.00/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$112.0K
$98.0K – $130.6K
NOI $7,837 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$178.2K
$155.9K – $207.9K
NOI $12,471 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Community Management
Property Management Company
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7535865
- Latitude
- 28.0048986
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - Bright, updated first-floor condo in a convenient Clearwater location.
Where is this residential income property located?
The property is located at 2005 GREENBRIAR BOULEVARD 2 Clearwater, FL.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Located in Flood Zone X and a Non‑Evacuation Zone.; **Updated kitchen, bath, flooring, windows, and doors.**; First‑floor unit in a 55+ community with assigned parking close to the unit.
