Property profile

1221 Ct St Clearwater, FL 33756

OFF-MARKET
Other investment properties
Property ID
US18-0181745
2,836 SF 0.09 ac lot Built 1969
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This Clearwater mixed-use property is located in the Business Gateway corridor on Court Street and includes an approximately 1,800-square-foot ground-floor warehouse/shop area with an open work space, a roll-up door, a private office, a half bathroom, and an additional rear storage/work area, plus an upstairs 2-bedroom, 1-bathroom apartment configured for owner-operator residential use or potential office use depending on permitted tenant activity. The building is sited on a high-visibility frontage along Court Street and provides convenient access to Gulf to Bay, downtown Clearwater, and Clearwater Beach. It features separate utility meters and approximately four parking spaces. The premises are set up to support a tenant-occupied commercial use alongside an upper-level dwelling, with a modified gross allocation structure for expenses (tenant typically responsible for rent and utilities; owner typically responsible for taxes, insurance, and maintenance), and may allow for tenant improvements or modifications by agreement in accordance with permitted use. Transportation and walkability indicators include a bike score of 60, a walk score of 70, and a transit score of 34.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,836 SF
Lot 0.09 ac (3,999 SF)
APN 15-29-15-38574-018-0060
UPID US18-0181745

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

1221 Ct St Clearwater, FL 33756-5801
Clearwater metro Census 26401 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2026
Last sale
$299,900
7 recorded transactions
2026
$370,000
2021
$299,900
2020
$220,000
2013
$170,000
2011
$76,000
2011
$45,100
2006
$100,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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