Townhome-Style
New
For Sale
$499,000
CRYSTAL BEACH, FL 34681, Crystal Beach, FL 34681
Residential Income, CRYSTAL BEACH, FL
Property Size2,973 SF
Lot Size0.46 Acres
Price / SF$167.84
Days on Market2
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
TRI
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 3, Bedroom 1, Bedroom 6
Parking features
Underground/Basement
Window features
Blinds
Patio and Porch features
Patio, Deck, Porch
Interior features
Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Vaulted Ceiling(s)
Exterior features
Balcony
Appliances
Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Lot features
City Limits, In County, Paved
View
Water
Elementary school
Ozona Elementary-PN
Middle school
Palm Harbor Middle-PN
High school
Palm Harbor Univ High-PN
Subdivision
CRYSTAL BEACH
Standard status
Active
Size
2,973 SF
Lot size
0.46 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10075
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Number of units
3
Flooring type
Carpet, Tile - Ceramic, Wood
Building materials
Block, Frame
Roof type
Shingle
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Calvin Pringles · License #3394184
(727) 244-7854
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 12:06PM
MLS# TB8561602
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.
This Crystal Beach triplex contains 2,973 square feet across three townhome-style residences. Each unit has two bedrooms, two bathrooms, a great room, and garage space. The 0.46-acre property has pond views at the front and a wooded setting behind the building. The roof was replaced in 2017, and the property was built in 1983.
Two units are currently rented. The Pinellas Trail and Live Oak Park are nearby, and Gulf Drive provides access to the waterfront. Downtown Palm Harbor, Ozona, and Tarpon Springs are also in the surrounding area.
Two units are currently rented. The Pinellas Trail and Live Oak Park are nearby, and Gulf Drive provides access to the waterfront. Downtown Palm Harbor, Ozona, and Tarpon Springs are also in the surrounding area.
Key Highlights
- Three townhome‑style units, each with two bedrooms and two bathrooms
- 2,973 square feet of property area on a 0.46‑acre lot
- Two units currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,702
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,040
$694.0K
Cap Rate 7%
$495,743
$495.7K
Cap Rate 9%
$385,578
$385.6K
Market Conditions
NOI Build-Up for 2,973 SF
Gross rent
$53.2K $17.88/SF
− Vacancy
−$3.6K −$1.21/SF
EGI
$49.6K $16.67/SF
− OpEx
−$14.9K −$5.00/SF
NOI
$34.7K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,040
Cap Rate 7%
$495,743
Cap Rate 9%
$385,578
Alternative Uses
Best Use
Multifamily LT 5
$495.7K
$433.8K – $578.4K
NOI $34,702 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$390.6K
$341.8K – $455.7K
NOI $27,343 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$773.3K
$676.6K – $902.2K
NOI $54,131 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 34681, FL
1,884
Population
615
Households
3.1
Avg Household Size
53
Median Age
50%
College-Educated
94%
High-School Grad
0.7 sq mi
ZIP Area
2,691
Density / Sq Mi
$77,106
Median Earnings
$680,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two of the three residences are currently rented, with a third unit completing the property.
Where is this triplex located?
The property is located at Crystal Beach, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three townhome‑style units, each with two bedrooms and two bathrooms; 2,973 square feet of property area on a 0.46‑acre lot; Two units currently rented
