Clearwater Mixed-Use Development
11400 US HIGHWAY 19 N, Clearwater, FL 33764
Mixed Use - CLEARWATER, FL
Type:Mixed Use
Property size:
9,799 SFLot size:
2.77 AcresPrice / SF:
$224/SF- Added:
- Feb 11, 2026
- Days on Market:
- 96
- Last Refresh:
- May 18 at 1:06 am
Property Features for 11400 US HIGHWAY 19 N
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Security features
- Security System
- Standard status
- Active
- APN
- 16-30-16-34092-003-0060
- Size
- 9,799 SF
- Lot size
- 2.77 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 19839.57
Utilities
- Cooling system
- Central Air, Zoned
Building Details
- Year built
- 1969
- Building materials
- Block, Stucco
- Roof type
- Metal
- Architectural style
- Other
Listing agent Stephen Aki License #3416853 (757) 377-6102
Listing office PALM LIFE REALTY 3023 Alt 19 N Suite 101B, Palm Harbor, FL (888) 877-4040
Listing date Feb 11, 2026
MLS# TB8475614
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location on US 19 with 60,000‑70,000 vehicles per day.
- B‑1 zoning allows for a broad range of commercial uses.
- Large ±2.7‑acre parcel offers significant development flexibility.
- Located in a densely populated area with over 180,000 residents within a 5‑mile radius.
- Existing industrial/commercial structure and single‑family residence offer immediate usability or redevelopment opportunities.
- Utilities are connected, and the property is in a non‑flood zone.
Overview
This approximately 2.7-acre parcel, zoned B-1 (General Commercial District), offers flexibility in an active commercial corridor of Pinellas County. The zoning allows for a range of commercial uses and select residential applications, creating potential for mixed-use, professional office, medical, retail, service, hospitality, or flex-industrial development. Situated on the US 19 frontage road, the site benefits from visibility and accessibility. US 19 carries approximately 60,000–70,000 vehicles per day in this corridor. The property is located minutes from Ulmerton Road (SR 688) and Roosevelt Boulevard, offering east–west connectivity, and provides north–south access to St. Petersburg and Tampa. The surrounding area includes established single-family neighborhoods, large multifamily apartment communities, and a commercial presence. The parcel includes an existing industrial/commercial structure formerly used as an HVAC service operation, featuring multiple offices upstairs and downstairs along with ground-level workspace. It is suitable for contractor use, flex-industrial, showroom, or office conversion. A vacant single-family residence is located on the northwest portion of the property with access from 115th Ave N. The structure may be renovated for income-producing use, utilized as interim office space, or removed to accommodate a larger redevelopment plan. Utilities are available and currently connected. The property is located in a non-flood zone. Infrastructure improvements along 58th St N support ease of site preparation and future expansion. The B-1 zoning provides versatility to meet evolving market demands. The site creates opportunities for a professional or medical office campus, retail or service center, flex-industrial or contractor yard, mixed-use redevelopment concept, and hospitality or specialty commercial applications. The property is positioned as an infill redevelopment opportunity in a high-traffic corridor. It has immediate usability and long-term upside potential.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.96M
NOI $176,639 @ 9.00% cap · cautious / downside scenario
Moderate
$2.52M
NOI $176,639 @ 7.00% cap · market / base-case scenario
Aggressive
$3.53M
NOI $176,639 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $255.2k | $26.04 |
| − Vacancy | −$19.6k | −$2.01 |
| EGI | $235.5k | $24.03 |
| − OpEx | −$58.9k | −$6.01 |
| NOI | $176.6k | $18.03 |
9,799 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$2.52M
$2.21M – $2.94M
NOI $176,639 @ 7.0% cap · market cap 8.03%
Second Best
Mixed Use
$1.76M
$1.54M – $2.05M
NOI $123,026 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M
NOI $192,444 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Pinellas Park Heating ...
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.710785
- Latitude
- 27.875949
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 2.7-acre parcel in active commercial corridor with development flexibility.
Where is this mixed-use property located?
The property is located at 11400 US HIGHWAY 19 N Clearwater, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑traffic location on US 19 with 60,000‑70,000 vehicles per day.; B‑1 zoning allows for a broad range of commercial uses.; Large ±2.7‑acre parcel offers significant development flexibility.
