Professional Office Condo
611 DRUID Road E Clearwater, FL 33756
611 DRUID Road E, Clearwater, FL, 33756
$350,000
For Sale
$350,000
SINGLE_FAMILY - CLEARWATER, FL
Property Size1,935 SF
Lot Size1.16 Acres
Price / SF$180.88
Days on Market164
Property Features for 611 DRUID Road E
General Information
- Property type
- Residential
- Property subtype
- Office
- Window features
- Blinds
- Appliances
- Microwave, Refrigerator
- Standard status
- Active
- APN
- 16-29-15-22620-000-7070
- Size
- 1,935 SF
- Lot size
- 1.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- DRUHILL PROFESSIONAL CENTER CONDO PHASE VII-A, UNIT 707, and, DRUHILL PROFESSIONAL CENTER CONDO PHASE VII-A, UNIT 708
- Tax Annual Amount
- 1911
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Flooring type
- Laminate, Vinyl
- Building materials
- Block
Listing agency
HOMEFRONT REALTY
(727) 641-4444
Listed by
DJ Northrop · License #3579962
(727) 612-4220
Added: Feb 8 Updated: Jul 20 at 8:47PM Checked: Jul 22 at 1:06AM
MLS# TB8474508
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.
Druhill professional office condo suite has been formed by combining Units 707 and 708 into an approximately 1,935-square-foot space. The layout includes five private offices, a conference room, an additional meeting area, two bathrooms (one with a shower), a kitchen, a lobby, and a generously sized storage room that could support an additional smaller private office.
Located at 611 Druid Road E in Clearwater, the property is positioned in downtown Clearwater near the Courthouse and Morton Plant. The well-maintained park setting offers ample on-site parking at approximately four spaces per 1,000 square feet. Condo fees are listed as $1,181 and include building maintenance, roof, landscaping, sewer, trash, water, management fees and reserves, and liability and casualty insurance.
This configuration is suited for professional office use, including medical office or service-oriented practices, based on the described interior layout and room mix.
Located at 611 Druid Road E in Clearwater, the property is positioned in downtown Clearwater near the Courthouse and Morton Plant. The well-maintained park setting offers ample on-site parking at approximately four spaces per 1,000 square feet. Condo fees are listed as $1,181 and include building maintenance, roof, landscaping, sewer, trash, water, management fees and reserves, and liability and casualty insurance.
This configuration is suited for professional office use, including medical office or service-oriented practices, based on the described interior layout and room mix.
Key Highlights
- Downtown Clearwater professional office condo near the Courthouse and Morton Plant
- Units 707 & 708 combined for 1,935 sq ft with 5 private offices plus conference and meeting areas
- Includes two bathrooms (one with shower), a kitchen, lobby area, and an additional large storage room (option for a 6th office)
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 | $46.4k | $24.00 |
| − Vacancy | −$3.9k | −$2.04 |
| EGI | $42.5k | $21.96 |
| − OpEx | −$17.0k | −$8.78 |
| NOI | $25.5k | $13.18 |
1,935 SF · lease $24.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$498.3K
$436.0K – $581.4K
NOI $34,881 @ 7.0% cap · market cap 9.97%
Second Best
Healthcare Medical
$364.2K
$318.7K – $424.9K
NOI $25,496 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$542.9K
$475.0K – $633.4K
NOI $38,002 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Jay E. Carpenter, ...
Physician
Dr. Ashraf R. ...
Dental Office
ProVise Management Group ...
Financial Advisor
Attorney Gary Fernald
Law Firm
Walt Shurden Elder ...
Law Firm
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FAQs
What type of property is this?
Office units - Combined 1,935 SF office condo with five private offices, conference room, two bathrooms, lobby, kitchen, and storage.
Where is this office units located?
The property is located at 611 DRUID Road E Clearwater, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Downtown Clearwater professional office condo near the Courthouse and Morton Plant; Units 707 & 708 combined for 1,935 sq ft with 5 private offices plus conference and meeting areas; Includes two bathrooms (one with shower), a kitchen, lobby area, and an additional large storage room (option for a 6th office)
