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    The Largest CRE Database in the US with Over 1 Million Listings

    1465 S Fort Harrison Ave Clearwater, FL 33756

    Sponsored
    For Lease
    $22 SF/Yr ($4,704 /Mo)

    Mixed Use - CLEARWATER, FL

    Type:Mixed Use
    Property size:
    2,566 SF
    Lot size:
    1.68 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 1 at 11:06 pm

    Property Features for 1465 S Fort Harrison Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    21-29-15-06948-001-0010
    Exterior features
    Corner Lot
    Size
    2,566 SF
    Lot size
    1.68 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Kelly Montgomery-Kepler

    Engel & Volkers Belleair (727) 461-1000

    Listing agent Kelly Montgomery-Kepler (727) 461-1000 License #647245

    Listing date Jan 29, 2026

    MLS# U8091608 Listing URL

    Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Landmark Clearwater Mixed-Use Property

    Located in Clearwater, this mixed-use property offers a variety of spaces suitable for different business needs. The property is a recognizable landmark location and features a two-story, solid concrete building with ample parking. Recent improvements include a new roof, new paint, a newly paved parking lot, and landscaping. The building also features lobby areas and an elevator. Available spaces range from approximately 705 square feet to 3,034 square feet. Suite 101, located on the first floor and facing Fort Harrison Avenue, offers 855 square feet of renovated space with three offices, a restroom, and a large lobby/reception area. Suite 203, a large suite with 2,179 square feet, is coming soon and features natural light, an inviting reception area, five proposed offices, a conference room, new flooring, paint, ceilings, an updated bathroom, and a covered parking space. Suite 208 offers 705 square feet of open space with two large windows. Suite 209, facing Fort Harrison, features hardwood floors, a private executive office, and storage within its 744 square feet. The property is situated on heavily traveled Fort Harrison Avenue, near the Belleair Country Club golf course, the Pinellas Trail, and the Pelican Golf Club, and is a short distance from Clearwater Beach. It is suitable for a medical group, attorney, CPA, executive suite, or co-working space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Real Estate Firm ... Real Estate Agent Cryo Studio Clearwater Health And Beauty Shop ACR Title Group ... Title Company Gourmet Everything Car Rental Agency Unify Financial Advisors Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.799421
    Latitude
    27.944024

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    FAQs

    What type of property is this?
    Office space - Upscale office and retail spaces in a prime Clearwater location.
    Where is this office space located?
    The property is located at 1465 S Fort Harrison Ave Clearwater, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible, landmark location on heavily traveled Fort Harrison Avenue.; - Completely renovated suites in move-in condition, suitable for professional or medical use.; - Recent building improvements include new roof, paint, paved parking lot, and landscaping.
    (727) 461-1000
    Request Owner's contact information
    1465 S Fort Harrison Ave Clearwater, FL 33756
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    Clearwater, FL 33756
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1465 S Fort Harrison Ave Clearwater, FL 33756
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    We can help!
    Listing Contact
    Kelly Montgomery-Kepler
    Real Estate License ID: 647245
    (727) 461-1000
    Learn more
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