1448 LEMON STREET
About This Property
NO FLOOD Insurance required! ZONE X! Located in the desirable "Fruitbowl" neighborhood, once part of historic Sunny Park Groves, this home is surrounded by established, well-maintained properties. Centrally located, it's just minutes from shopping, top-rated schools, and only a short drive to Clearwater's famous beaches. Enjoy the peace of mind that comes with living in High & Dry ZONE X with no HOA restrictions. Whether you're a first-time buyer or looking for the perfect home for your family, this is a TURNKEY, move-in ready property that offers comfort, convenience, and the best of Florida living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Relisted | $408,750 | |
| Relisted | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Relisted | $408,750 | |
| Relisted | |||
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About Pinellas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017