5-Unit 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
Bedroom 2, Bathroom 2, Bathroom 4, Dining Room, Bathroom 5, Bathroom 3, Family Room, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 1
Pets allowed
Cats OK, Dogs 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 washer and dryer
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 10:06PM
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.
The 3,391-square-foot apartment property contains five units in two structures on a 0.36-acre parcel. The primary building has three two-bedroom apartments; the second building has another two-bedroom unit and two studios that share a bathroom. Interior features include an open floor plan and combined kitchen and family room, while the grounds include a courtyard, private yard, and shared pool. A washer and dryer are available for tenant use, and a small storage shed provides additional space.
Built in 1967, the property has block and frame construction, a shingle roof, public water, and public sewer. The five units comprise three two-bedroom apartments and two studios. The property is zoned R-4.
Built in 1967, the property has block and frame construction, a shingle roof, public water, and public sewer. The five units comprise three two-bedroom apartments and two studios. The property is zoned R-4.
Key Highlights
- Five units across two structures: three two‑bedroom apartments and two studios
- 3,391 square feet on a 0.36‑acre parcel
- Shared pool, washer and dryer, and 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 - Five residences are arranged across two structures, with shared laundry and a pool for tenants.
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: Five units across two structures: three two‑bedroom apartments and two studios; 3,391 square feet on a 0.36‑acre parcel; Shared pool, washer and dryer, and small storage shed
