Apartment Property with
New
For Sale
$752,000
2335 EVANS Road, Clearwater, FL 33763
Residential Income, CLEARWATER, FL
Property Size3,391 SF
Lot Size0.36 Acres
Price / SF$221.76
Days on Market1
Property Features for 2335 EVANS Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-4
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 3, Bedroom 5, Bedroom 4, Family Room, Bedroom 1, Bedroom 6, Dining Room, Bedroom 2, Bathroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 4
Pets allowed
Dogs OK, Cats OK, Breed Restrictions
Pool private
1
Interior features
Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
Exterior features
Courtyard, Private Yard
Subdivision
BELLE HAVEN UNIT B REP
Directions
DIRECTLY ON EVANS ROAD
Standard status
Active
APN
30-28-16-07272-000-1390
Size
3,391 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BELLE HAVEN, UNIT B REPLAT LOT 139
Tax Annual Amount
9083
Legal Description
BELLE HAVEN, UNIT B REPLAT LOT 139
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Amenities
shared pool
shared laundry
storage shed
Building Details
Year built
1967
Number of units
5
Building materials
Block, Frame
Roof type
Shingle
Listing Agency:
ARCHWATER REALTY LLC
Listed By:
Robert VanPamelen
(727) 492-4300
Added: Oct 22
Last Checked: Oct 22 at 3:06PM
MLS# TB8559898
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 apartment property comprises a main building and an adjacent structure, with 3,391 square feet of building area on a 0.36-acre parcel. Built in 1967, the property includes a shared pool, laundry equipment, and a storage shed. The units are currently occupied under annual 12-month leases.
Located at 2335 Evans Road in Clearwater, the property is zoned R-4. Public water and sewer serve the site.
Located at 2335 Evans Road in Clearwater, the property is zoned R-4. Public water and sewer serve the site.
Key Highlights
- 3,391 square feet of building area on a 0.36‑acre parcel
- Two structures: a main building and an adjacent structure
- Shared pool, washer and dryer, and a small storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,852
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,040
$837.0K
Cap Rate 7%
$597,886
$597.9K
Cap Rate 9%
$465,022
$465.0K
Market Conditions
NOI Build-Up for 3,391 SF
Gross rent
$81.4K $24.00/SF
− Vacancy
−$5.3K −$1.56/SF
EGI
$76.1K $22.44/SF
− OpEx
−$34.2K −$10.10/SF
NOI
$41.9K $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%
$837,040
Cap Rate 7%
$597,886
Cap Rate 9%
$465,022
Alternative Uses
Best Use
Apartment 5plus
$597.9K
$523.2K – $697.5K
NOI $41,852 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.4K
$832.5K – $1.11M
NOI $66,596 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,549
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents share access to a swimming pool and laundry facilities.
Where is this apartment building located?
The property is located at 2335 EVANS Road Clearwater, FL.
What is the asking price?
The asking price for this property is $752,000.
What are key features of this property?
This property features: 3,391 square feet of building area on a 0.36‑acre parcel; Two structures: a main building and an adjacent structure; Shared pool, washer and dryer, and a small storage shed
