Renovated Townhome in Brookfield
2523 NORTHFIELD LANE, Clearwater, FL 33761
Move-in-ready 3-bedroom townhome with modern upgrades and community amenities.
Type:Condo/Townhome
Property size:
1,832 SFLot size:
0.06 AcresPrice / SF:
$239/SF- Added:
- Mar 24, 2026
- Days on Market:
- 56
- Last Refresh:
- Apr 5 at 10:04 pm
Property Features for 2523 NORTHFIELD LANE
General Information
- Standard status
- Active
- Size
- 1,832 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1994
Listing agent Jonathan Minerick License #01523060
Listing office HOMECOIN.COM (888) 400-2513
Listing date Mar 24, 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 HOMECOIN.COM
HighLights
- Completely renovated with new kitchen, bathrooms, flooring, paint, and more.
- Maintenance‑free living with a low $310 monthly HOA covering exterior maintenance, roof, lawn care, and more.
- Enjoy pools, Jacuzzis, tennis courts, clubhouse, and ponds in this desirable community.
- Spacious 3‑bedroom, 2.5‑bath townhome with 1,832 sq ft and a 2‑car garage.
- Pet‑friendly community allowing for up to two pets.
- Located in an X flood zone and close to shopping, restaurants, and Clearwater Beach.
Overview
Located in the maintenance-free community of Brookfield in Clearwater, this renovated townhome at 2523 Northfield Lane features 1,832 square feet of living space. The residence includes three bedrooms, two and a half baths, a full-sized laundry room, and a two-car garage. The monthly HOA fee of $310 covers trash removal, front lawn care, termite treatment, mailboxes, roof repair and replacements, exterior paint, and fence repair and replacement. The first floor features porcelain tile flooring, a new kitchen with stainless steel appliances, custom quartz countertops, backsplashes, and top-to-ceiling kitchen cabinets. The living room opens to a screened-in lanai and green area through new sliders. Upstairs, the bedrooms have engineer wood floors and ceiling fans. The owner's bedroom includes a vaulted ceiling, walk-in closet, and an en-suite bathroom with a new tub, custom shower, dual sinks, mirrors, and soft-close toilet seats. A powder room is also located in the owner's bedroom. Additional features include an HVAC system from 2018, a new roof installed in 2023, new interior doors, neutral interior paint, lights, crown molding, and a knockdown ceiling on the first floor. The property is located in an X flood zone. Brookfield community amenities include a front entrance, clubhouse, two pools (one heated), two Jacuzzis, tennis courts, and ponds. The property is located near Countryside Mall, shopping centers, restaurants, golf courses, and Clearwater Beach, with easy access to nearby airports. The community is pet-friendly, allowing two pets up to a combined weight of 100 pounds or one pet at 60 pounds.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$251.2K
NOI $22,611 @ 9.00% cap · cautious / downside scenario
Moderate
$323.0K
NOI $22,611 @ 7.00% cap · market / base-case scenario
Aggressive
$452.2K
NOI $22,611 @ 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 | $44.0k | $24.00 |
| − Vacancy | −$2.9k | −$1.56 |
| EGI | $41.1k | $22.44 |
| − OpEx | −$18.5k | −$10.10 |
| NOI | $22.6k | $12.34 |
1,832 SF · lease $24.00/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$323.0K
$282.6K – $376.9K
NOI $22,611 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$514.0K
$449.7K – $599.7K
NOI $35,979 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential income properties
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.732543
- Latitude
- 28.0334775
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - Move-in-ready 3-bedroom townhome with modern upgrades and community amenities.
Where is this residential income property located?
The property is located at 2523 NORTHFIELD LANE Clearwater, FL.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: Completely renovated with new kitchen, bathrooms, flooring, paint, and more.; Maintenance‑free living with a low $310 monthly HOA covering exterior maintenance, roof, lawn care, and more.; Enjoy pools, Jacuzzis, tennis courts, clubhouse, and ponds in this desirable community.
