For Sale
Call for price

1243 Myrtle AveClearwater, FL 33756

Multi-Tenant Medical Office Complex, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents the Myrtle Executive Center, a stabilized, multi-tenant office complex in the heart of Downtown Clearwater, Florida. Comprising three single-story buildings totaling 10,000 to 38,492 square feet, this property boasts 97% occupancy with a diverse tenant mix of 18 businesses. A significant anchor tenant, OptumCare/DaVita, occupies 9,932 square feet, providing strong financial stability. Built in 1984 and 1998, with renovations completed in 2021, the property features ample parking and is situated on a 3.18-acre lot. The buildings are zoned O - Office, ensuring flexibility and future development potential. This prime location offers easy access to major transportation routes and a thriving commercial district. The property's strong occupancy rate, diverse tenant base, and recent improvements make it an attractive investment for those seeking a stable, high-performing asset in a desirable Florida market. The property addresses are 1243 S Myrtle Ave, 1225 S Myrtle Ave, and 1230 S Myrtle Ave, Clearwater, FL 33756, within Pinellas County.

Highlights

  • Stabilized multi-tenant office investment opportunity in Clearwater, FL.
  • Three single-story buildings totaling 10,000 - 38,492 square feet.
  • 97% occupancy with 18 tenants, including major tenant DaVita.
  • Recently renovated in 2021; buildings constructed in 1984 and 1998.
  • 3.18-acre lot with ample parking, located in Downtown Clearwater with O-Office zoning.

Property Details for 1243 Myrtle Ave

Property type
Office properties, Medical offices
Square Feet
10,000 SF
Year Renovated
2021
Buildings
3
Stories
1
Lot Size (sq. ft)
138,521 SF

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9521983
Longitude
-82.7953802
1243 Myrtle Ave, Clearwater, Florida

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1243 Myrtle Ave
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