Two-Unit Duplex with
For Sale
Under Contract
$385,000
3015 ST JOHN Drive, Clearwater, FL 33759
Residential Income, CLEARWATER, FL
Property Size2,054 SF
Lot Size0.29 Acres
Price / SF$187.44
Days on Market27
Property Features for 3015 ST JOHN Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Interior features
Primary Bedroom Main Floor, Thermostat
Exterior features
Private Mailbox, Sidewalk
Subdivision
SALLS LAKE PARK
Directions
From FL 590 W, Turn right onto Lawrence Dr. Turn Right onto St. John Dr.
Standard status
Active Under Contract
APN
04-29-16-78583-000-0330
Size
2,054 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SALLS' LAKE PARK UNIT "B" LOT 33
Tax Annual Amount
3592
Legal Description
SALLS' LAKE PARK UNIT "B" LOT 33
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Lance Willard LLC · License #3384517
(727) 487-1894
Added: Sep 14
Changed: Oct 5
Last Checked: Oct 10 at 4:06AM
MLS# TB8547805
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.
Investment Insights
Based on property information with market context.
This 2,054-square-foot duplex contains two residential units, each arranged with two bedrooms, two bathrooms, and a one-car garage. One unit is ready for occupancy, while the other requires interior and exterior renovation. The east-side garage has been converted to storage and would need restoration to garage use. Block and stucco construction, central heating and cooling, a shingle roof, public water, and public sewer serve the property.
Built in 1973, the duplex sits on a 0.29-acre lot zoned for multifamily use. HVAC systems were installed in 2022 and 2018, and the roof was replaced in 2024. The property is located at 3015 ST JOHN Drive in Clearwater, Florida 33759, with sidewalk access and cable availability.
Built in 1973, the duplex sits on a 0.29-acre lot zoned for multifamily use. HVAC systems were installed in 2022 and 2018, and the roof was replaced in 2024. The property is located at 3015 ST JOHN Drive in Clearwater, Florida 33759, with sidewalk access and cable availability.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2 bathrooms per unit
- 2,054 square feet on a 0.29‑acre lot
- Each unit includes a 1‑car garage; east‑side garage is currently storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,331
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,620
$566.6K
Cap Rate 7%
$404,729
$404.7K
Cap Rate 9%
$314,789
$314.8K
Market Conditions
NOI Build-Up for 2,054 SF
Gross rent
$43.1K $21.00/SF
− Vacancy
−$2.7K −$1.30/SF
EGI
$40.5K $19.70/SF
− OpEx
−$12.1K −$5.91/SF
NOI
$28.3K $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%
$566,620
Cap Rate 7%
$404,729
Cap Rate 9%
$314,789
Alternative Uses
Best Use
Multifamily LT 5
$404.7K
$354.1K – $472.2K
NOI $28,331 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$362.1K
$316.9K – $422.5K
NOI $25,350 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$576.3K
$504.2K – $672.3K
NOI $40,339 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Explore this area
Business Placement
Demographics for 33759, FL
18,316
Population
8,821
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
91%
High-School Grad
5.3 sq mi
ZIP Area
3,456
Density / Sq Mi
$63,804
Median Household Income
$46,213
Median Earnings
$1,771
Median Rent
$295,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, two-bath units offer separate residential layouts with one side ready for occupancy.
Where is this duplex located?
The property is located at 3015 ST JOHN Drive Clearwater, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 bathrooms per unit; 2,054 square feet on a 0.29‑acre lot; Each unit includes a 1‑car garage; east‑side garage is currently storage
