5665 Rio Vista DrClearwater, FL 33760

  • Office buildings
  • 40,000 SF

Property Details for 5665 Rio Vista Dr

Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.26 AC
Property size (Sq ft)
40,000 SF
Property type
Office buildings
APN
33-29-16-05550-000-0020
APU
332916055500000020

Description

This exceptional Clearwater, Florida office property, Bay Vista Gardens II, offers two buildings with a total of two suites available. The buildings are single-story structures located at 5665 Rio Vista Dr, Clearwater, FL 33760, in Pinellas County. Each suite provides ample space, ranging from 4,220 to 4,570 square feet, perfect for businesses seeking traditional office environments. The property's convenient location offers easy access to major transportation arteries, including Roosevelt Blvd, Bayside Bridge, US Highway 19, Courtney Campbell Causeway, I-275, and Gandy Boulevard. This prime location also provides convenient access to St. Petersburg, Clearwater, and Tampa, enhancing accessibility for employees and clients. Furthermore, the property is situated just two miles from the St. Pete/Clearwater International Airport, making travel both domestically and internationally exceptionally convenient. This is a rare opportunity to secure well-located, spacious office space in a thriving area of Florida. The property is ideal for businesses seeking a functional and accessible location to support their operations. Contact us today to learn more about this outstanding opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,797,919
    6.5%
    $7,198,079
    7%
    $6,683,930
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,411,200
    Geo Method
    $4,411,200
  • Alternative Use

    Use
    Valuation
    Residential
    $8,925,618
    Hospitality
    $8,175,818
    Educational
    $6,802,184
    Medical
    $7,036,122
    Retail
    $10,581,176

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9204
Longitude
-82.712
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
$67,135
-
-
$3,550,000
-
$940,987
$2,609,013
$3,550,000

FAQs

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