701 Martin Luther King Jr AveClearwater, FL 33755

  • Industrial properties
  • 6,528 SF
For Sale
$1,400,000 View listing

Property Details for 701 Martin Luther King Jr Ave

Year built
1951
Construction
CONCRETE BLOCKS
Lot size
0.54 AC
Property size (Sq ft)
6,528 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
10-29-15-33300-000-0050
APU
102915333000000050

Description

This exceptional Clearwater industrial property, located at 701 N Martin Luther King Jr Avenue, presents a rare investment opportunity. Boasting a substantial 8,662 square feet of building space under roof, this property sits on a 0.54-acre lot and offers significant outdoor storage capacity. Its strategic location near the Seminole Boat Ramp makes it ideally suited for businesses supporting Clearwater Beach boat excursions, such as repair, supply, or charter operations. The property's zoning permits light manufacturing, providing versatility for a range of potential uses. The existing building includes warehouse space, storefront area, and ample storage, offering a flexible layout adaptable to various business needs. This property is being offered for both sale and lease, presenting a unique opportunity for buyers and tenants alike. The combination of size, location, zoning flexibility, and the potential for both sale and lease makes this a highly desirable asset in a competitive market. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this rare chance to acquire a prime industrial property in a thriving coastal location. Contact us today to schedule a showing and discuss the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,697,836
    Hospitality
    $1,555,209
    Educational
    $1,293,916
    Medical
    $1,338,415
    Retail
    $2,012,758
701 Martin Luther King Jr Ave, Clearwater, Florida

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9729
Longitude
-82.7914
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,215
-
-
$375,000
-
$146,668
$228,332
$375,000

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