Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2942 Bay Dr Belleair Bluffs, FL 33770-2651

    • Apartment buildings
    • 33,395 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    $8,280,000
    Last Sale
    Apr 11, 2023
    $9,000,000
    Location Intelligence
    Property ID
    US18-3097500
    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

    • Apartment buildings

    Property Details for 2942 Bay Dr

    Year built
    1972
    Construction
    CONCRETE BLOCKS
    Lot size
    1.22 lot acres
    Property size
    33,395 SF
    Property type
    Apartment buildings
    APN
    32-29-15-35640-002-0001
    APU
    322915356400020001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,885,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,485,000
      6.5%
      $8,935,000
      7%
      $9,425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,060,000
      Geo Method
      $9,575,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,365,000
      Retail
      $10,585,000
      Mixed-Use
      $8,120,000
      Hospitality
      $9,730,000
      Educational
      $8,160,000
      Residential Income
      $8,615,000
      Energy
      $9,275,000
      Income-Based Land
      $9,155,000
      Food Service
      $10,540,000

    Location Insight

    • Map
    • Local Demand
    City
    Belleair Bluffs
    County
    Pinellas
    State
    Florida
    Longitude
    -82.8211
    Latitude
    27.9164
    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
    $80,967
    $0.00
    $0.00
    $6,500,000
    -
    $2,827,316
    $3,672,684
    $6,500,000

    Comparable in this City

    • Value Estimation by Request
      11,060 SF

      100 Jasper St

      APARTMENT HOUSE (5+ UNITS) • 11,060 SF
      100 Jasper St, Largo, FL 33770-5404
      View Details
    • Value Estimation by Request
      10,188 SF

      575 Clearwater Largo N Rd

      APARTMENT HOUSE (5+ UNITS) • 10,188 SF
      575 Clearwater Largo N Rd, Largo, FL 33770-5305
      View Details
    • Value Estimation by Request
      8,880 SF

      1632 Jefferson Ave

      APARTMENT HOUSE (5+ UNITS) • 8,880 SF
      1632 Jefferson Ave, Largo, FL 33770-5406
      View Details
    • Value Estimation
      $1,500,000
      1,291 SF

      1020 Clearwater Largo N Rd

      APARTMENT HOUSE (5+ UNITS) • 1,291 SF
      1020 Clearwater Largo N Rd, Largo, FL 33770-4106
      View Details
    • Value Estimation
      $1,910,000
      1,218 SF

      817 2nd NW Ave

      APARTMENT HOUSE (5+ UNITS) • 1,218 SF
      817 2nd NW Ave, Largo, FL 33770-2352
      View Details
    • Value Estimation by Request
      9,100 SF

      551 Mehlenbacher Rd

      APARTMENT HOUSE (5+ UNITS) • 9,100 SF
      551 Mehlenbacher Rd, Belleair Bluffs, FL 33770-2083
      View Details

    Similar Nearby for Sale

    • $114,900

      Largo Multifamily Property For Sale

      Multifamily property available in Largo, Florida.
      112 Pindo Palm St W, Largo, FL 33770
      View Details
    • $117,900

      Largo Multifamily Property For Sale

      Multifamily property in Largo, Florida, available for purchase.
      69 Thatch Palm St E, Largo, FL 33770
      View Details
    • $975,000

      Stabilized Multifamily Property in Largo

      8-unit apartment community in Largo/Clearwater area with growth potential.
      715 16Th Ave NW, Largo, FL 33770
      View Details
    • $899,999
      3,604 SF

      Mixed-Use Property in Bellair Bluffs

      Mixed-use property with commercial and residential units in Largo, Florida.
      80 Indian Rocks Rd S, Belleair Bluffs, FL 33770
      View Details
    • $579,000
      Pending

      Income-Producing Duplex Near Beaches

      Two duplexes (four units) sold together near beaches.
      608 14Th Ave NW, Largo, FL 33770
      View Details
    • New
      $799,000
      2,644 SF

      New Construction Largo Duplex

      New construction duplex in Largo, each unit with bonus room.
      704 13Th Ave NW, Largo, FL 33770
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,597 SF

      Retail Space on Missouri Avenue

      Retail space with high visibility and ample parking.
      615-621 Missouri Ave N, Largo, FL 33770
      View Details
    • Contact for pricing
      5,935 SF

      Retail Space on Missouri Avenue

      Retail space with excellent visibility and frontage on Missouri Avenue.
      1300-1460 Missouri Ave N, Largo, FL 33770
      View Details
    • $1,500 /Mo
      4,356 SF

      Restaurant Space in Downtown Largo

      Restaurant space for rent in upcoming downtown Largo, Florida.
      101 Clearwater-Largo Rd, Largo, FL 33770
      View Details
    • $83,725

      Move-in Ready Office Suites

      Office suites available in Largo, from 1,333 to 10,915 SF.
      2401 W Bay Dr, Largo, FL 33770
      View Details
    • $2,799 /Mo
      Pending

      Equipped Restaurant Space For Lease

      Fully equipped restaurant for lease in prime Largo location.
      312 Bay Dr W, Largo, FL 33770
      View Details
    • Contact for pricing
      1,018 SF

      Retail Space in Liberty Yards

      Retail space for lease in a high-traffic Largo location.
      408 W Bay Dr, Largo, FL 33770
      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.
    2942 Bay Dr
    Belleair Bluffs, FL 33770-2651
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.