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

    1180 Gulf Blvd, Unit 1004 Clearwater, FL 33767-2763

    • High-rise multifamily apartments
    • 1,427 SF
    OFF-MARKET
    Value Estimations
    $1,705,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3253897
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ever Clean Carpet Cleaning Services / Carpet Cleaning Service

    Property Details for 1180 Gulf Blvd

    Year built
    1997
    Property size
    1,427 SF
    Property type
    High-rise multifamily apartments
    APN
    17-29-15-32877-001-1004
    APU
    172915328770011004

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,702,000
      Market price range: $1.09M - $2.39M
      AI Estimate
      $1,702,000
      Market price range: $1.09M - $2.39M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,705,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.8302
    Latitude
    27.9548
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,748
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,590,000
      1,331 SF

      Clearwater, FL 33767

      HIGH-RISE APARTMENTS • 1,331 SF
      Clearwater, FL 33767
      View Details
    • Value Estimation
      $3,010,000
      2,521 SF

      1170 Gulf Blvd, Unit 502

      HIGH-RISE APARTMENTS • 2,521 SF
      1170 Gulf Blvd, Clearwater Beach, FL 33767-2781
      View Details
    • Value Estimation
      $1,480,000
      1,242 SF

      880 Mandalay Ave, Unit C804

      HIGH-RISE APARTMENTS • 1,242 SF
      880 Mandalay Ave, Clearwater Beach, FL 33767-1212
      View Details
    • Value Estimation
      $875,000
      735 SF

      Clearwater, FL 33767

      HIGH-RISE APARTMENTS • 735 SF
      Clearwater, FL 33767
      View Details
    • Value Estimation by Request
      735 SF

      880 Mandalay Ave, Unit C313

      HIGH-RISE APARTMENTS • 735 SF
      880 Mandalay Ave, Clearwater, FL 33767-1252
      View Details
    • Value Estimation
      $1,165,000
      1,610 SF

      1660 Gulf Blvd

      HIGH-RISE APARTMENTS • 1,610 SF
      1660 Gulf Blvd, Clearwater, FL 33767-2975
      View Details

    Similar Nearby for Sale

    • $2,100,000

      Water View Multi-Unit Property

      Multi-unit property with water views, renovation or development potential.
      580 Bay Esplanade, Clearwater, FL 33767
      View Details
    • $963,000

      Luxury Condo Hotel Near Beach

      Luxury condo hotel with revenue share near Clearwater Beach.
      411 E Shore Dr, Clearwater, FL 33767
      View Details
    • $925,000

      Luxury Condo with Investment Income

      Top-floor, fully furnished condo in JW Marriott Clearwater Beach.
      691 S Gulfview Blvd, Clearwater, FL 33767
      View Details
    • $299,000

      Waterfront Studio Near Clearwater Beach

      Studio condo near Clearwater Beach with rental potential and amenities.
      483 E Shore Dr, Clearwater, FL 33767
      View Details
    • $2,200,000

      Luxury Condo at JW Marriott

      Fully furnished 3-bedroom condo with Gulf views and resort amenities.
      691 S Gulfview Blvd, Clearwater, FL 33767
      View Details
    • $991,920
      Pending

      Luxury Condo Hotel Near Beach

      Pre-construction condo hotel with high-end finishes and amenities.
      411 E Shore Dr, Clearwater, FL 33767
      View Details

    Similar Nearby for Lease

    • $9,000 /Mo

      Clearwater Beach Turnkey Rental

      Fully equipped Clearwater Beach rental with resort-style amenities.
      501 Mandalay Ave, Clearwater, FL 33767
      View Details
    • $20,000 /Mo

      Beachfront Condo with Ocean Views

      Luxurious 3-bedroom condo with ocean views and world-class amenities.
      301 S Gulfview Blvd, Clearwater, FL 33767
      View Details
    • Contact for pricing
      1,900 SF

      Retail and Restaurant Spaces Available

      Retail and restaurant spaces available near Clearwater Marina and hotels.
      300 Hamden Dr, Clearwater Beach, FL 33767
      View Details
    • $30 SF/Yr
      3,160 SF

      Retail Space Near Clearwater Beach

      Retail space in Tampa MSA, near Clearwater Beach.
      130-200 Island Way, Clearwater, FL 33767
      View Details
    • Contact for pricing

      Retail Space Former Dippin Dots

      Retail space available, previously occupied by Dippin Dots.
      470 Poinsettia Ave, Clearwater, FL 33767
      View Details
    • Contact for pricing

      Landmark Retail Plaza on Clearwater Beach

      Renovated units in high-traffic tourist area, diverse tenant mix.
      483 Mandalay Ave, Clearwater, FL 33767
      View Details
    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.
    1180 Gulf Blvd, Unit 1004
    Clearwater, FL 33767-2763
    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!