Date
Details
Price
Change
Source
6/22/2026
Listed
$3,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$3,400,000 Just Listed
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1/11
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 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.
Full Property Details
Full Property Details for 111 N Lady Mary Dr
General
- Price: $3,400,000
- Taxes: $27,093 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: A4697854
- Updated: 6/24/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Refrigerator
Location
- Area: 33755 - Clearwater
- County: Pinellas
- Development Name: 33755 - Clearwater
- Subdivision: BROOKWOOD TERRACE REV
- Driving Directions: From Sunset Point Rd, turn south onto N Lady Mary Dr; 111 N Lady Mary Dr is on the property directly across from Clearwater Country Club.
- Direction Faces: Undetermined
Community
- Community Name: 33755 - Clearwater
- Management Type: Professional Off Site
- Mgmt. Company: Professional Off Site
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central Individual, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Membrane
- Stories/Levels: Two
- Square Feet: 13,056
- Sq. Ft. Source: Public Records
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 23,235
- Lot Size: 23235
- Lot Dimensions: 125 x 183
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $27,093.08
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BROOKWOOD TERRACE REVISED BLK 1, LOTS 5, 6 AND N 1/2 OF LOT 7
- Flood Zone Info: AE
- APN: 152915122760010050
- Property ID: 152915122760010050
- Block/Lot/Section: 1
Listed by G&R Real Estate Brokerage, Llc
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Listing agents
— 111 N Lady Mary Dr —
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Schools
Schools serving 111 N Lady Mary Dr
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Belleair Elementary School 1156 Lakeview Road, Clearwater, FL 33756 | PK-5 | 1.2 mi |
Oak Grove Middle School 1370 South Belcher Road, Clearwater, FL 33764 | 6-8 | 2.5 mi |
Clearwater High School 540 South Hercules Avenue, Clearwater, FL 33764 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 N Lady Mary Dr
Tax History
Tax History for 111 N Lady Mary Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,201
—
$1,400,000
5%
2024
$25,201
-5%
$1,330,000
-3%
2023
$26,505
—
$1,375,000
6%
2021
$26,418
3%
$1,300,000
-2%
2022
$25,695
-3%
$1,325,000
10%
2021
$26,418
46%
$1,200,000
38%
2019
$18,059
6%
$870,000
7%
2018
$17,046
5%
$815,000
2%
2017
$16,291
2%
$798,000
4%
2016
$15,955
5%
$770,000
8%
2015
$15,138
3%
$715,000
4%
2014
$14,671
1%
$690,100
2%
2013
$14,509
—
$675,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 N Lady Mary Dr
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- Updated 2 days ago
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Listed by The Thorn Collection (727) 432-9019
- Condo
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- Condo
- Active
- Updated 9 hours ago
- 2Beds
- 2Total Baths
- 1,090Sq. Ft.
Listed by Chenault Group (727) 481-5700
- Condo
- Active
- Updated 1 day ago
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- 2Total Baths
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- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,377Sq. Ft.
Listed by Coastal Properties Group International
- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,186Sq. Ft.
Listed by Ez Choice Realty
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- Warehouse
- Closed
Listed by Stellar Non-Member Office
Sold by The Shop Real Estate Co.
Sold by The Shop Real Estate Co.
- Single Family
- Closed
- 4Beds
- 5Total Baths
- 4,740Sq. Ft.
Listed by Beycome Of Florida Llc
Sold by Stellar Non-Member Office
Sold by Stellar Non-Member Office
- Single Family
- Closed
- Updated 12 hours ago
- 5Beds
- 6Total Baths
- 5,006Sq. Ft.
Listed by Coastal Properties Group International
Sold by Exp Realty Llc
Sold by Exp Realty Llc
- Single Family
- Closed
- 4Beds
- 4Total Baths
- 4,390Sq. Ft.
Listed by Engel & Volkers Belleair
Sold by Engel & Volkers Belleair
Sold by Engel & Volkers Belleair
111 N Lady Mary Drive, Clearwater, FL 33755 (MLS# A4697854) is a Commercial property. 111 N Lady Mary Drive is currently listed for $3,400,000 and was received on June 22, 2026. Want to learn more about 111 N Lady Mary Drive? Do you have questions about finding other Commercial real estate for sale in Clearwater? You can browse all Clearwater real estate or contact a Coldwell Banker agent to request more information.