611 DRUID ROAD E Clearwater, FL 33756
Office - CLEARWATER, FL
- Added:
- May 1, 2026
- Days on Market:
- 75
- Last Refresh:
- Jul 14 at 4:06 am
Property Features for 611 DRUID ROAD E
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- O - OFFICE
- Standard status
- Active
- APN
- 16-29-15-22620-000-1010
- Size
- 9,600 SF
- Lot size
- 5.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 20779
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Architectural style
- Other
Listing agent Alexander Lucke License #3351552 (727) 410-2896
Listing office KELLER WILLIAMS TAMPA PROP. 5020 W Linebaugh Ave Ste 100, Tampa, FL (813) 264-7754
Listing date May 1, 2026
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.
Investment Insights
Based on property information with market context.
This first-floor condominium space is located in an established professional office setting near Downtown Clearwater. Ownership is available as a full package, and the property can also be considered in smaller logical configurations beginning at approximately 1,925 square feet, subject to final ownership approval. Potential unit combinations include two-unit, four-unit, six-unit, or full-building purchases, allowing buyers to align the footprint with current operational needs.
For owner-users and other buyers evaluating office space, the combined layout provides flexibility to operate with a mix of private and collaborative areas, while still preserving the option to expand to larger configurations if desired. The condo structure also offers the ability to acquire only the space needed today within the broader Druhill Professional Center setting.
Key Highlights
- Up to ±9,600 SF of contiguous first‑floor office condo space across Units 101–110 at Druhill Professional Center
- Ten individual office condominium units combined into one larger professional office footprint
- 1985 year built with central air conditioning
Local Financial Insights For Healthcare Medical
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 | $230.4k | $24.00 |
| − Vacancy | −$19.6k | −$2.04 |
| EGI | $210.8k | $21.96 |
| − OpEx | −$84.3k | −$8.78 |
| NOI | $126.5k | $13.18 |
