Belleair Bluffs Leased Commercial
420 INDIAN ROCKS ROAD N Belleair Bluffs, FL 33770
420 INDIAN ROCKS ROAD N, Belleair Bluffs, FL, 33770
$1,075,000
For Sale
$1,075,000
Office - BELLEAIR BLUFFS, FL
Property Size3,304 SF
Lot Size0.30 Acres
Price / SF$325.36
Days on Market1173
Property Features for 420 INDIAN ROCKS ROAD N
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Exterior features
- Paved
- Standard status
- Active
- APN
- 32-29-15-95850-002-0010
- Size
- 3,304 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 7448.57
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Number of units
- 3
- Building materials
- Block, Stucco
- Architectural style
- Other
Listing Agency
VIEWPOINT REALTY INT'L INC
(727) 584-7355
2001 West Bay Dr, FL
Listed by
Georgette Gillis · License #3006422
(727) 448-3533
Added: May 5, 2023 Updated: Dec 31, 2025 at 8:08 pm Checked: Jul 20 at 5:06 pm
MLS# U8199703
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.
Investment Insights
Based on property information with market context.
Located in Belleair Bluffs, this commercial building features three currently leased units. The property benefits from a new roof and a resurfaced parking lot, with parking available both in front and at the rear of the building. An additional storage garage is situated at the rear, currently leased by one of the units. The tenants are long-term. The property size is 3304 square feet and the lot size is 0.3 acres.
Key Highlights
- Great Location in Belleair Bluffs
- New Roof
- New Resurfaced Parking Lot
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.0k | $26.04 |
| − Vacancy | −$17.6k | −$5.34 |
| EGI | $68.4k | $20.70 |
| − OpEx | −$17.1k | −$5.18 |
| NOI | $51.3k | $15.53 |
3,304 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$732.8K
$641.2K – $855.0K
NOI $51,299 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$859.4K
$752.0K – $1.00M
NOI $60,158 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Commercial building with three units currently leased in Belleair Bluffs.
Where is this office building located?
The property is located at 420 INDIAN ROCKS ROAD N Belleair Bluffs, FL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Great Location in Belleair Bluffs; New Roof; New Resurfaced Parking Lot
