1454-1470 Alt 19 Palm Harbor, FL 34683

Located in the heart of Palm Harbor, this retail strip center offers a rare opportunity in a desirable Pinellas County community. Situated in the Downtown Palm Harbor district on a busy highway, the property benefits from proximity to numerous thriving businesses, including restaurants, coffee shops, breweries, and retail shops. The Downtown Palm Harbor district is experiencing rapid growth, presenting a barrier to entry that is expected to increase in the near future. The location benefits from a high-income demographic and a dense local population, supported by over 20,000 average vehicles per day. The property has undergone capital improvements, including a new roof installed in November 2023 (costing over $75,000), three new AC units installed in January 2024 (costing $25,000), and new gutters installed in June 2019 (costing $8,000). The property is well-maintained and features long-term, quality tenants with triple net leases. An HOA manages the common areas, parking lot, trash removal, and grounds. The property is located in an X500 flood zone, requiring only minimum flood coverage. The property has a lot size of 0.63 acres and a property size of 5750 square feet. The second floor is currently unfinished, but finishing it could potentially increase the rentable square footage by approximately 3000 additional square feet.