Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8151 HEATHERWOOD DRIVE 110 Seminole, FL 33777

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $175,900

    Inviting 2BR/2BA unit with modern updates, close to amenities.

    Type:Condo/Townhome
    Property size:
    900 SF
    Lot size:
    0.63 Acres
    Added:
    Mar 23, 2026
    Days on Market:
    10
    Last Refresh:
    Mar 26 at 1:19 am

    Property Features for 8151 HEATHERWOOD DRIVE 110

    General Information

    Standard status
    Active
    Size
    900 SF
    Lot size
    0.63 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Temme Peterson
    Temme Peterson

    Listing agent Temme Peterson License #538885

    Listing office PINELLAS REALTY GROUP INC

    Listing date Mar 23, 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 PINELLAS REALTY GROUP INC

    Overview

    Updated First-Floor Unit Near Park

    This first-floor unit in The Gardens is suitable for all ages and is pet-friendly. The property features 2 bedrooms and 2 bathrooms, along with inside laundry and ample storage. Modern updates have been implemented throughout the unit. A new A/C system, water heater, and flooring were all installed in September 2024. Parking is located just outside the door, and the pool is nearby. Situated off the road next to Lake Seminole Park, the property is also close to shops and beaches. The unit includes spacious rooms and a screened-in patio. The property size is 900 square feet.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Pinellas
    State
    Florida
    Longitude
    -82.769884
    Latitude
    27.846502

    Nearby Similar for Sale

    • $170,000
      2,500 SF

      Turn-Key Italian Restaurant Opportunity

      Established Italian restaurant with outdoor seating and growth potential.
      7839 113 STREET N, SEMINOLE, FL 33772
      View Details
    • $2,200,000
      7,664 SF

      Fully Leased Medical Office Investment

      Fully leased medical office building in central South Pinellas.
      8588 STARKEY ROAD, SEMINOLE, FL 33777
      View Details
    • $639,000
      2,100 SF

      Freestanding Medical Office on Seminole

      2,100 SF medical office building with direct frontage.
      9387 Seminole Blvd, Seminole, FL
      View Details
    • $325,000
      1,071 SF

      Top Floor Unit with Extras

      Spacious top-floor unit with cathedral ceilings and included extras.
      10764 70TH AVENUE 3305, SEMINOLE, FL 33772
      View Details
    • $104,900
      608 SF

      Remodeled Seminole Gardens One Bedroom

      Remodeled one-bedroom unit near pool, shopping, and Redington Beach.
      8425 112TH STREET 106, SEMINOLE, FL 33772
      View Details
    • $230,000
      1,090 SF

      Corner Unit Home with Balcony

      Two-bedroom home with vaulted ceilings, balcony, and covered parking.
      8737 BARDMOOR PLACE 101, SEMINOLE, FL 33777
      View Details
    • $1,290,000
      3,950 SF

      Medical Office Investment Opportunity

      Medical office building for sale with long-term tenant.
      7603 Seminole Blvd, Seminole, FL
      View Details
    • $2,350,000
      10,600 SF

      Seminole Freestanding Building For Sale

      10,600 SF freestanding building suitable for school or worship center.
      7633 131ST STREET, SEMINOLE, FL 33776
      View Details
    • $317,000
      1,335 SF

      Updated Townhome in Lake Seminole

      Updated 3-bedroom townhome with modern amenities and community features.
      9209 SEMINOLE BOULEVARD 209, SEMINOLE, FL 33772
      View Details
    • $145,900
      1,125 SF

      Seminole Condo Overlooking Golf Course

      Two-bedroom, two-bath condo with golf course view.
      8950 PARK BOULEVARD 505, SEMINOLE, FL 33777
      View Details
    • $325,000
      1,528 SF

      Seminole Townhome Near Award-Winning Beaches

      Corner 3-bedroom townhome near beaches, shopping, and Seminole City Center.
      11056 63RD AVENUE, SEMINOLE, FL 33772
      View Details
    • $598,000
      2,248 SF

      Under Construction Luxury Townhome

      Spacious 3-bedroom townhome with designer features and community amenities.
      7350 MARATHON DRIVE, SEMINOLE, FL 33777
      View Details

    FAQs

    What type of property is this?
    Residential income property - Inviting 2BR/2BA unit with modern updates, close to amenities.
    Where is this residential income property located?
    The property is located at 8151 HEATHERWOOD DRIVE 110 Seminole, FL.
    What is the asking price?
    The asking price for this property is $175,900.
    What are key features of this property?
    This property features: Newly installed A/C, water heater, and flooring (September 2024).; First‑floor unit in a pet‑friendly community.; Convenient parking directly outside the unit and close proximity to the pool.
    (727) 421-6582
    We can help!
    Listing Contact
    Temme Peterson
    Temme Peterson
    Real Estate License ID: 538885
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!