111 N LADY MARY DR, Clearwater, FL 33755
See all 11 photos
111 N LADY MARY DR, Clearwater, FL 33755
111 N LADY MARY DR, Clearwater, FL 33755
111 N LADY MARY DR, Clearwater, FL 33755
111 N LADY MARY DR, Clearwater, FL 33755
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Orlando Big Homes

Orlando Big Homes

+1(407) 988-2427
$ 3,400,000
Est. payment /mo
Save Virtual Tour
New

111 N LADY MARY DR Clearwater, FL 33755

13,056 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 13,056 sqft

Price per Sqft $260

Subdivision Brookwood Terrace Rev

MLS Listing ID A4697854

Construction Status Completed

HOA Y/N No

Year Built 1973

Annual Tax Amount $27,093

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 125x183

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Kings Court Apartments - an 18-unit value-add multifamily asset in central Clearwater, minutes from downtown and the Gulf beaches and directly across from Clearwater Country Club. The mix is seven 1BD/1BA and eleven 2BD/2BA in a two-story CBS walk-up. Major capital is already in place: a 40-year TPO roof installed within the last ~3 years, newer HVAC across most units, copper wiring, and a resurfaced lot - the next owner's capital goes into interiors, not systems. In-place rents (avg ~$1,366) sit well below a renovated pro forma (~$1,694), with staggered 2026-27 lease expirations offering a turn-by-turn mark-to-market path supported by a comp set averaging ~$1,588. Trailing NOI ~$221K; pro forma ~$242K. Laundry and RUBS utility reimbursement add income. Tours by appointment through Rider RE only - please do not disturb tenants.

Location

State FL

County Pinellas

Community Brookwood Terrace Rev

Area 33755 - Clearwater

Interior

Heating Central, Electric

Cooling Central Air

Appliance Refrigerator

Exterior

Utilities Available Electricity Available, Public, Water Connected

Roof Type Membrane

Exposure Undetermined

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4697854

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by William Gryboski G&R REAL ESTATE BROKERAGE, LLC

Schools and Properties Nearby

Orlando Big Homes

Orlando Big Homes

Real Estate Specialist | License ID: sl3521568

+1(407) 988-2427

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Orlando Big Homes, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

111 N LADY MARY DR