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Four-Unit Residential Property
New
For Sale
$849,990

2065 N BETTY Lane, Clearwater, FL 33755

Residential Income, CLEARWATER, FL

Property Size2,094 SF
Lot Size0.30 Acres
Price / SF$405.92
Days on Market3

Property Features for 2065 N BETTY Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-4
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 7
Interior features Ceiling Fans(s), Window Treatments
Exterior features Private Mailbox, Storage
Subdivision BROOKLAWN
Directions Sunset L onto Betty property on left.
Standard status Active
APN 03-29-15-12060-006-0030
Size 2,094 SF
Lot size 0.30 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2025
Tax Description BROOKLAWN BLK F, LOTS 3 & 4 AND THE S 20FT OF LOT 2 AND N 10FT OF LOT 5
Tax Annual Amount 9944
Legal Description BROOKLAWN BLK F, LOTS 3 & 4 AND THE S 20FT OF LOT 2 AND N 10FT OF LOT 5

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air
Water source Public

Amenities

common gazebo
washer/dryer hook-ups
additional parking

Building Details

Year built 1956
Building materials Block, Stucco, Vinyl Siding
Roof type Shingle
Additional Structures Storage
Buildings 1
Listing Agency: DALTON WADE INC
Listed By: BJ McKitty · License #3222640
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 5 at 12:06AM
MLS# TB8562779

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.

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Investment Insights

Based on property information with market context.

This four-unit residential property contains 2,094 square feet across four apartments, each configured with two bedrooms and one bathroom. Built in 1956, the building has block, stucco, and vinyl siding construction, a shingle roof, and a mix of central and window air conditioning. The parcel measures 0.3 acres and is zoned R-4.

Each apartment has a separate electric meter, with tenants responsible for their own electric service; the owner pays for water. Public water and sewer serve the property. The listing reports a roof installed one year ago, four tankless water heaters, and upgraded plumbing and electrical systems. Unit 3 has a screened front porch, while Unit 4 is identified as fully upgraded.

The property is approximately one mile from downtown Dunedin and less than one mile from the Gulf of Mexico. Clearwater Beach and Honeymoon Island are described as a short drive away.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • 2,094 square feet on a 0.3‑acre parcel
  • R‑4 zoning in Clearwater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,883
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,660 $577.7K
Cap Rate 7%
$412,614 $412.6K
Cap Rate 9%
$320,922 $320.9K
Market Conditions
NOI Build-Up for 2,094 SF
Gross rent
$44.0K $21.00/SF
− Vacancy
−$2.7K −$1.30/SF
EGI
$41.3K $19.70/SF
− OpEx
−$12.4K −$5.91/SF
NOI
$28.9K $13.79/SF
Area
Clearwater, FL
Vacancy
6.17%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,660
Cap Rate 7%
$412,614
Cap Rate 9%
$320,922

Alternative Uses

Best Use
Multifamily LT 5
$412.6K
$361.0K – $481.4K (±1% cap)
NOI $28,883 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$369.2K
$323.1K – $430.7K (±1% cap)
NOI $25,844 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$587.5K
$514.1K – $685.4K (±1% cap)
NOI $41,124 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

Demographics for 33755, FL

28,360
Population
11,872
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$59,613
Median Household Income
$36,206
Median Earnings
$1,340
Median Rent
$300,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments sit on a 0.3-acre parcel in Clearwater.
Where is this quadplex located?
The property is located at 2065 N BETTY Lane Clearwater, FL.
What is the asking price?
The asking price for this property is $849,990.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 2,094 square feet on a 0.3‑acre parcel; R‑4 zoning in Clearwater
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