1531 PICARDY CIRCLE
About This Property
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 19, 2026 | Listed by HOOVER REAL ESTATE SERVICES | $425,000 | |
| Listed by HOOVER REAL ESTATE SERVICES | |||
| Oct 7, 2025 | Listed | $499,000 | |
| Listed | |||
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Welcome to 1531 Picardy Circle in Clearwater! This beautifully updated solid block home combines timeless Florida charm with modern upgrades, offering over 1,400 square feet of comfortable living space designed for everyday enjoyment. Featuring 3 spacious bedrooms, 2 full bathrooms, and a desirable split floor plan, this home provides privacy and functionality for families, guests, or a home office setup. The primary bedroom serves as a true retreat with its own attached full bathroom and a large walk-in closet for convenience and storage. Recent updates include a brand-new roof (2025), fresh interior and exterior paint, new flooring throughout, and all hurricane impact windows, giving peace of mind, enhanced energy efficiency, and reduced insurance costs. From the moment you arrive, the home’s excellent curb appeal and lush landscaping welcome you, while the oversized driveway and large two-car garage provide plenty of parking and storage. Inside, you’ll find an inviting layout filled with natural light. The kitchen is the heart of the home, offering an abundance of cabinetry, ample counter space, and bright windows that make cooking and entertaining a joy. The additional bedrooms are generously sized, creating comfortable retreats for rest and relaxation, while both full bathrooms have been thoughtfully designed to meet modern needs. Step outside, and you’ll appreciate the spacious backyard with room for entertaining, gardening, or simply relaxing in your own private outdoor retreat. The oversized screened lanai extends your living space, providing the perfect spot for outdoor dining, weekend gatherings, or quiet mornings with coffee while enjoying Florida’s sunshine and breezes. A newly installed irrigation system with a separate water meter keeps the lawn green and healthy while saving on utility costs. Best of all, this home sits high and dry in a non-flood zone, eliminating the expense of flood insurance and adding long-term value. Located just minutes from Honeymoon Island, Clearwater Beach, and a variety of shopping, dining, and entertainment options, this property strikes the perfect balance between convenience, comfort, and the coveted Florida lifestyle. Whether you’re looking for a full-time residence, a vacation home, or an investment property, 1531 Picardy Circle is move-in ready and waiting for its next owner to enjoy. Don’t miss this opportunity—schedule your private showing today! The home was not impacted by any storms in recent years and sits high and dry.
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| Mar 26, 2025 | Listed | $450,000 | |
| Listed | |||
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Discover this solid block, well maintained home in beautiful Clearwater, just minutes from the pristine shores of Honeymoon Island and Clearwater Beach. This charming single-family residence offers over 1,400 square feet of comfortable living space, featuring elegant polished terrazzo floors that add a touch of timeless character. Nestled in a high and dry location, this home requires no flood insurance, providing peace of mind and significant savings. The newly installed irrigation system, complete with a separate water meter, ensures effortless lawn maintenance while keeping costs low. Designed with both comfort and efficiency in mind, this home boasts all-impact windows for enhanced security and energy savings. The 2015 HVAC system ensures year-round climate control, while the desirable split floor plan offers privacy and flexibility. Step outside to a spacious backyard, perfect for outdoor entertaining, gardening, or simply relaxing. The oversized screened lanai extends your living space, providing a serene retreat to enjoy Florida’s sunshine and gentle breezes. Don’t miss this opportunity to own a well-maintained home in a prime Clearwater location! EZ to show.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017