This exceptional 1,120 square foot office condo presents a fantastic opportunity for businesses seeking a prominent location in downtown Clearwater. Situated in a well-maintained building, this single-tenant space boasts excellent condition and is immediately available for occupancy. The property is ideally positioned on Court Street, offering high visibility and convenient access to Clearwater Beach, ensuring significant exposure to a diverse clientele. The "Traditional Office" layout is versatile and adaptable to a range of professional uses, making it suitable for various business types. The property's location within Pinellas County provides easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-located, move-in ready office space in a desirable area of Clearwater. The single-tenant occupancy ensures a streamlined and efficient workflow, eliminating the complexities of multi-tenant management. The property's excellent condition minimizes upfront capital expenditures, allowing businesses to focus on growth and profitability. Don't miss this chance to establish your business in a prime downtown Clearwater location with exceptional visibility and convenient access to Clearwater Beach. This is a truly remarkable opportunity for businesses seeking a high-impact presence in a vibrant and growing market. The space is ready for immediate occupancy, allowing for a swift and seamless transition.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$218,342
6.5%
$201,546
7%
$187,150
Comparable approach
Method
Valuation
Relative Method
$123,514
Geo Method
$123,514
Alternative Use
Use
Valuation
Residential
$249,917
Hospitality
$228,923
Educational
$190,461
Medical
$197,011
Retail
$296,273
Location Insight
City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9616
Longitude
-82.7946
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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