2440 Sunset Point RdClearwater, FL 33765

Property Details for 2440 Sunset Point Rd

Year built

1983

Construction

CONCRETE BLOCKS

Lot size

0.47 AC

Property size (Sq ft)

3,868 SF

Property type

Retail properties

Property subtype

Banks

APN

06-29-16-82710-000-0460

APU

62916827100000460

Description

This exceptional Class A medical office building, located at 2440 Sunset Point Road in Clearwater, Florida 33765, presents a unique investment opportunity. The 3,868 square-foot building, constructed in 1983 and zoned C-2, boasts a vacant tenancy, offering immediate occupancy. Previously a financial institution, the property features a desirable open floor plan with ample natural light, five spacious executive offices, a conference room, two ADA-compliant bathrooms, a dine-in kitchen, and a secure vault. Existing teller infrastructure, including safes, remains in place, along with some furniture. A drive-thru, with a canopy area that could be enclosed for added space, is a key feature. The building offers high ceilings, air conditioning, and 24-hour access. With two points of ingress and egress, the property benefits from excellent visibility on Sunset Point Road, a location experiencing approximately 30,000 cars daily. The wrap-around driveway and six parking spaces add to its convenience. This versatile property is ideal for a variety of medical and other C-2 permitted uses. Building restrictions apply

• CAP approach

  CAP return

  Valuation

  6%

  $1,291,992

  6.5%

  $1,192,608

  7%

  $1,107,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,074,939

  Geo Method

  $1,074,939

• Alternative Use

  Use

  Valuation

  Residential

  $1,006,010

  Hospitality

  $921,499

  Educational

  $766,677

  Medical

  $793,044

  Retail

  $1,192,608

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9903

Longitude

-82.7359

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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