| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Fair |
| Demographics | 33rd | Poor |
| Amenities | 32nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1100 Ponce de Leon Blvd, Clearwater, FL, 33756, US |
| Region / Metro | Clearwater |
| Year of Construction | 1985 |
| Units | 58 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1100 Ponce de Leon Blvd Clearwater 58-Unit Multifamily
Renter-occupied share is high at the neighborhood level, supporting a deeper tenant base and stable leasing, according to WDSuite’s CRE market data. Position within Clearwater’s inner suburb offers everyday convenience and durable workforce demand dynamics.
Located in Clearwater’s inner suburb within the Tampa–St. Petersburg–Clearwater metro, the property sits in a neighborhood rated C where renter-occupied housing is prevalent. The neighborhood’s renter concentration ranks high among 710 metro neighborhoods (95th percentile nationally), which typically supports a larger tenant pool and steadier absorption for multifamily.
Amenity access skews toward daily services and dining rather than parks or cafes. Restaurant density is competitive among Tampa–St. Petersburg–Clearwater neighborhoods and sits in the top quartile nationally, while pharmacy access is similarly strong. By contrast, parks, grocery stores, cafes, and childcare are limited in the immediate neighborhood, so residents may rely on nearby corridors for those needs.
For investors assessing building positioning, the 1985 vintage is newer than the neighborhood’s average construction year (1971). That generally provides a relative edge versus older stock, though systems and common areas may still benefit from targeted modernization to enhance competitiveness.
Within a 3-mile radius, demographics indicate a stable population with moderate household growth projected over the next five years, expanding the potential renter base. Median household incomes are rising, and contract rents have trended upward, reinforcing demand for well-managed units. However, rent-to-income ratios at the neighborhood level point to affordability pressure in parts of the tenant base, suggesting careful lease management and renewal strategies. Elevated home values relative to national norms can sustain reliance on rental options, supporting retention and occupancy.
Safety indicators for the neighborhood are mixed versus metro and national benchmarks. Overall crime ranks around the middle of the pack among 710 metro neighborhoods and sits below the national middle in safety percentiles, while violent incident levels track closer to national averages and have shown recent improvement. Property offense measures have seen a recent uptick, so prudent security, lighting, and property management practices remain important to support resident confidence and retention.
Nearby corporate employers help anchor the local employment base and support renter demand through commute convenience, notably in technology, financial services, and healthcare administration. The list below highlights key offices and headquarters within commuting range that align with this workforce housing profile.
- Tech Data — corporate offices (5.8 miles) — HQ
- Raymond James Financial — corporate offices (8.8 miles) — HQ
- Jabil Circuit — corporate offices (10.4 miles) — HQ
- Wellcare Health Plans — corporate offices (16.7 miles) — HQ
1100 Ponce de Leon Blvd offers investors a 58-unit 1985-vintage asset in an inner-suburban Clearwater location where renter-occupied housing is prevalent and dining/healthcare conveniences are close by. The neighborhood’s strong renter concentration supports demand depth, and the property’s vintage is newer than nearby stock, positioning it for selective upgrades to enhance competitiveness. According to CRE market data from WDSuite, local rents have been rising and neighborhood safety trends are mixed but stable overall, favoring disciplined operations and resident experience management.
Within a 3-mile radius, households are projected to grow, enlarging the tenant pool and supporting occupancy stability. Elevated ownership costs relative to national norms tend to sustain reliance on rentals, while affordability pressure in parts of the renter base argues for thoughtful pricing, amenity programming, and renewal strategies to protect retention and cash flow.
- High neighborhood renter-occupied share supports a deeper tenant base and steady lease-up dynamics.
- 1985 vintage offers relative competitiveness versus older local stock with clear value-add upgrade paths.
- Strong restaurant and pharmacy proximity underpins day-to-day convenience for residents, aiding retention.
- Household growth within 3 miles supports long-run demand and occupancy stability.
- Risks: affordability pressure and variable safety metrics call for disciplined pricing, security, and resident-experience management.