2641 Sunset Point RdClearwater, FL 33759

  • Office properties
  • 2,756 SF
For Sale
$1,150,000 View listing

Property Details for 2641 Sunset Point Rd

Year built
1980
Construction
CONCRETE BLOCKS
Lot size
0.17 AC
Property size (Sq ft)
2,756 SF
Property type
Office properties
Property subtype
Office buildings
APN
05-29-16-39780-000-0030
APU
52916397800000030

Description

This exceptional Clearwater investment opportunity presents two commercial buildings totaling 5,328 square feet on a 0.45-acre lot (19,948 sq ft). Ideally situated just off US 19, this property boasts high visibility and ample parking, offering significant investment potential. Building 2641 features 1,768 square feet of first-floor office space, a 988 square-foot, two-bedroom, two-bathroom apartment with a full kitchen, accessible via interior and exterior stairs, and 780 square feet of insulated attic storage. Upgrades include impact windows (2020), a new roof (2016), and a 200-amp electrical service. A separate electric meter enhances efficiency. Building 2645, currently a law office, offers over 1,700 square feet of space, including multiple offices, a boardroom, a kitchen, and 1.5 bathrooms. It also features a new HVAC system (2024). The property's strategic location provides easy access to Highway 19, Safety Harbor (5 minutes), downtown Clearwater (13 minutes), and Tampa International Airport (25 minutes). BayCare Park is just 4 minutes away. An Alibi security system enhances the safety and security of both buildings. This multi-use property offers a unique blend of office and residential space, or the potential for multiple income streams, making it an ideal investment in a highly desirable Florida location. The property includes a valuable corner parcel.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $537,277
    6.5%
    $495,948
    7%
    $460,523
  • Comparable approach

    Method
    Valuation
    Relative Method
    $303,932
    Geo Method
    $303,932
  • Alternative Use

    Use
    Valuation
    Residential
    $614,975
    Hospitality
    $563,314
    Educational
    $468,671
    Medical
    $484,789
    Retail
    $729,043
2641 Sunset Point Rd, Clearwater, Florida

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9905
Longitude
-82.7276
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
$7,518
-
-
$390,000
-
$70,767
$319,233
$390,000

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