1446 Gulf To Bay BlvdClearwater, FL 33755

Property Details for 1446 Gulf To Bay Blvd

Year built

1955

Construction

CONCRETE BLOCKS

Lot size

0.38 AC

Property size (Sq ft)

6,424 SF

Property type

Retail properties

Property subtype

Strip malls

APN

14-29-15-47016-003-0150

APU

142915470160030150

Description

This exceptional investment opportunity presents a seven-unit retail plaza ideally situated on the revitalized Gulf to Bay Boulevard in Clearwater, Florida, between Court and Cleveland Streets. The property boasts a total of 7,344 square feet and sits on a 0.38-acre lot. Recent landscaping and improvements to Gulf to Bay Boulevard enhance visibility and accessibility. Each of the seven retail spaces benefits from its own dedicated electric and water service, providing tenants with independent utility control. Ample parking is available both in the front and rear of the building, ensuring convenient access for customers and employees. The property has undergone numerous updates, reflecting a commitment to maintaining high standards. Detailed financial information, including a current rent roll, is readily available upon request to qualified buyers. A significant advantage for potential investors is the seller's willingness to consider seller financing options, making this a particularly attractive acquisition opportunity. This prime Clearwater location offers strong potential for rental income and long-term appreciation, making it an ideal addition to any commercial real estate portfolio. Don't miss this chance to own a thriving retail center in a vibrant and growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,145,749

  6.5%

  $1,980,692

  7%

  $1,839,214

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,785,266

  Geo Method

  $1,785,266

• Alternative Use

  Use

  Valuation

  Residential

  $1,670,788

  Hospitality

  $1,530,432

  Educational

  $1,273,302

  Medical

  $1,317,093

  Retail

  $1,980,692

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9638

Longitude

-82.7778

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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