Map pin111 North Lady Mary Drive, Clearwater, FL, 33755, US

Kings Court Apartments

Kings Court Apartments_Property for Sale

Attributes

Number of units
18
Year built
1973
Building area net
16,250 sf

Description

King's Court presents a compelling value-add investment opportunity with significant upside potential driven by below-market rental positioning and strategic location advantages. Comprehensive market analysis and competitive benchmarking demonstrate substantial rent growth potential exceeding $350+ per unit, positioning the asset for meaningful revenue enhancement through targeted operational improvements and capital investment execution.


The property benefits from recent infrastructure enhancements, including a newly resurfaced parking lot that elevates the resident experience and property presentation. The convenient walk-in unit configuration appeals to today's renters seeking accessibility and ease of living, while the property's proximity to premier recreational amenities adds distinctive value through immediate walkability to a major golf course. King's Court's strategic location delivers exceptional connectivity, providing residents with convenient 3-minute access to downtown Clearwater's urban amenities and the recreational attractions of Clearwater Beach. This dual accessibility to employment centers and lifestyle destinations creates a highly desirable living environment that supports premium positioning within the local rental market.


The convergence of below-market pricing, proven rent growth potential, recent property improvements, and superior locational attributes establishes King's Court as an exceptional opportunity for value creation through strategic repositioning and operational optimization.


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Investment Highlights

  1. 18-unit value-add property with opportunity to maximize income potential
  2. Located in Clearwater, FL, a thriving rental market
  3. Concrete block asset with a new roof installed
  4. Built in 1973, offering vintage charm with potential upgrades for revenue enhancement
  5. Below replacement cost, providing strategic investment advantage


Kings Court Apartments 4_Property for Sale
Kings Court Apartments 4_Property for Sale
Kings Court Apartments (0 Properties)

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Last updated
4 Mar 2026