Updated Storm-Ready Villa
3251 LATANA Drive Palm Harbor, FL 34684
3251 LATANA Drive, Palm Harbor, FL, 34684
$284,900
For Sale
Under Contract
$284,900
MULTI_FAMILY - PALM HARBOR, FL
Property Size950 SF
Lot Size0.08 Acres
Price / SF$299.89
Days on Market17
Property Features for 3251 LATANA Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RPD-7.5
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Dining Room, Bedroom 2, Bedroom 1, Bathroom 2
- Pets allowed
- Yes
- Interior features
- Ninguno
- Exterior features
- Sidewalk, Sprinkler Metered
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Standard status
- Active Under Contract
- APN
- 08-28-16-16795-002-1050
- Size
- 950 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CLOVERPLACE CONDO PHASE II UNIT 105
- Tax Annual Amount
- 2874
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- Vinyl Siding, Frame
- Roof type
- Shingle
Listing agency
KELLER WILLIAMS ST PETE REALTY
(727) 894-1600
Listed by
Brian Baker · License #3608413
(727) 605-4433
Added: Jul 6 Updated: Jul 21 at 9:52PM Checked: Jul 22 at 6:06AM
MLS# TB8526166
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 updated villa home in the Cloverplace community includes 3 bedrooms and 2 bathrooms, along with a 1-car garage. Built in 1984, the interior features vaulted ceilings, a remodeled kitchen, fresh interior paint, and a practical everyday layout.
Recent major improvements include a 2023 Rheem 2-ton high-efficiency A/C system, additional R-49 blown-in attic insulation added in 2022, impact-resistant double-hung windows installed in 2018 with a transferable lifetime warranty, a 200 mph hurricane-rated impact garage door installed in 2023, and an Owens Corning dimensional roof completed in 2022. The exterior has been freshly painted and includes low-maintenance vinyl siding with vinyl fascia and soffits on the front of the home, plus an irrigation system.
With an HOA of $230 per month, the community is pet friendly for pets up to 25 pounds. The home is positioned in Palm Harbor with convenient access to shopping, dining, parks, golf, and Gulf Coast beaches.
Recent major improvements include a 2023 Rheem 2-ton high-efficiency A/C system, additional R-49 blown-in attic insulation added in 2022, impact-resistant double-hung windows installed in 2018 with a transferable lifetime warranty, a 200 mph hurricane-rated impact garage door installed in 2023, and an Owens Corning dimensional roof completed in 2022. The exterior has been freshly painted and includes low-maintenance vinyl siding with vinyl fascia and soffits on the front of the home, plus an irrigation system.
With an HOA of $230 per month, the community is pet friendly for pets up to 25 pounds. The home is positioned in Palm Harbor with convenient access to shopping, dining, parks, golf, and Gulf Coast beaches.
Key Highlights
- 3‑bedroom, 2‑bath villa with 1‑car garage and 950 SF living area
- 2023 Rheem 2‑ton high‑efficiency A/C system plus central heating and central air
- 2018 impact‑resistant double‑hung windows with a transferable lifetime warranty
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.0k | $17.88 |
| − Vacancy | −$1.1k | −$1.21 |
| EGI | $15.8k | $16.67 |
| − OpEx | −$4.8k | −$5.00 |
| NOI | $11.1k | $11.67 |
950 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$158.4K
$138.6K – $184.8K
NOI $11,089 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$124.8K
$109.2K – $145.6K
NOI $8,737 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$247.1K
$216.2K – $288.3K
NOI $17,297 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Single-family villa with 3 bedrooms, 2 baths, 1-car garage, and recently upgraded HVAC, windows, and roof.
Where is this duplex located?
The property is located at 3251 LATANA Drive Palm Harbor, FL.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath villa with 1‑car garage and 950 SF living area; 2023 Rheem 2‑ton high‑efficiency A/C system plus central heating and central air; 2018 impact‑resistant double‑hung windows with a transferable lifetime warranty
