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
111 N LADY MARY DR, Clearwater, FL 33755
111 N LADY MARY DR, Clearwater, FL 33755
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Griffin Cook

Griffin Cook

+1(513) 960-7448
$ 3,400,000
Est. payment | /mo

13,056 SqFt

Save Virtual Tour
$ 3,400,000
Est. payment | /mo
Save Virtual Tour

13,056 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active Under Contract

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

Under contract-accepting backup offers. 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/1BA in a two-story CBS garden-style building. 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 ~$1,676. Trailing NOI ~$220K; 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

View Y/N No

Water Access No

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

AROUND THE AREA

Restaurants
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Arts & Entertainment
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Beauty
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Automotive
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Public Services & Government

  • Your Pizza Shop

    11 S. Missouri Ave, Clearwater, FL 33756

    Pizza Phone: 727-441-3112

  • Viva Mexico Restaurant

    1264 Cleveland St, Clearwater, FL 33755

    Mexican Phone: 727-441-9526

  • Papa John’s Pizza

    411 S Missouri Ave, Clearwater, FL 33756

    Pizza Phone: 727-446-7272

  • Nature’s Food Patch Market & Café

    1225 Cleveland St, Clearwater, FL 33755

    Cafes Phone: 727-443-6703

  • Frutanas

    1390 Gulf To Bay Blvd, Clearwater, FL 33755

    Ice Cream & Frozen Yogurt Phone: 727-239-7593

  • Juli’s Restaurant

    1237 Cleveland St, Clearwater, FL 33755

    Mexican Phone: 727-462-2635

  • China House

    1506 Gulf To Bay Blvd, Clearwater, FL 33755

    Chinese Phone: 727-447-8886

  • Real Del Monte

    1417 Cleveland St, Clearwater, FL 33755

    Mexican Phone: 727-851-4812

  • Los Mayas Mexican

    1200 Cleveland St, Clearwater, FL 33755

    Mexican Phone: 727-442-5588

  • Panda Chinese Restaurant

    1201 Cleveland St, Clearwater, FL 33755

    Chinese Phone: 727-447-3830

  • Asia Express

    1506 Gulf To Bay Blvd, Clearwater, FL 33755

    Chinese Phone: 727-447-8886

  • Greek Town Grille

    1230 Cleveland St, Clearwater, FL 33755

    Vegetarian Phone: 727-447-7800

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111 N LADY MARY DR

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Griffin Cook
Griffin Cook

Luxury Realtor

+1(513) 960-7448 | thecookgrouptcg@gmail.com

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