Office Unit with Attic
For Sale
$249,000
102-28960 Us Highway 19 N, Clearwater, FL 33764
Flexible workspace includes private offices, a conference area, and a dedicated climate-controlled server room.
Property Size1,194 SF
Price / SF$208.54
Days on Market105
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Property Features for 102-28960 Us Highway 19 N
General Information
Standard status
Active
Size
1,194 SF
Taxes and HOA fees
Annual Taxes
$3,854
Listing Agency:
VIEWPOINT REALTY INTERNATIONAL
(727) 584-7355
Listed By:
Maryann Spearman · License #3234385
(727) 709-2374
Source:
Exprealty
Added: Jul 3
Changed: Oct 11
Last Checked: Oct 15 at 4:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VIEWPOINT REALTY INTERNATIONAL
Investment Insights
Based on property information with market context.
This office condominium provides a practical configuration for professional, medical, or general office use. The suite includes several private offices, a reception area, and a large room that can function as a conference or break area. A dedicated climate-controlled server room supports office operations, while more than 300 square feet of attic storage adds useful capacity. The premises also have a private rear entrance and a generously sized restroom with potential for a shower or an additional restroom, subject to desired modifications.
The HVAC system was installed in 2020. The property is part of the Countryside Professional Center in Clearwater, and the professionally maintained complex offers ample parking. Office equipment is negotiable. The suite is positioned for immediate occupancy and may suit an owner-user or investor.
The HVAC system was installed in 2020. The property is part of the Countryside Professional Center in Clearwater, and the professionally maintained complex offers ample parking. Office equipment is negotiable. The suite is positioned for immediate occupancy and may suit an owner-user or investor.
Key Highlights
- Over 300 square feet of attic storage
- Several private offices plus a spacious reception area
- Large conference room or break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,523
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,460
$430.5K
Cap Rate 7%
$307,471
$307.5K
Cap Rate 9%
$239,144
$239.1K
Market Conditions
NOI Build-Up for 1,194 SF
Gross rent
$31.1K $26.04/SF
− Vacancy
−$2.4K −$2.01/SF
EGI
$28.7K $24.03/SF
− OpEx
−$7.2K −$6.01/SF
NOI
$21.5K $18.03/SF
Area
Clearwater, FL
Vacancy
7.70%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,460
Cap Rate 7%
$307,471
Cap Rate 9%
$239,144
Alternative Uses
Best Use
Office B
$307.5K
$269.0K – $358.7K
NOI $21,523 @ 7.0% cap · market cap 8.64%
Second Best
Healthcare Medical
$224.7K
$196.7K – $262.2K
NOI $15,732 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$335.0K
$293.1K – $390.8K
NOI $23,449 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 33764, FL
27,547
Population
15,193
Households
1.8
Avg Household Size
50
Median Age
32%
College-Educated
93%
High-School Grad
6.3 sq mi
ZIP Area
4,373
Density / Sq Mi
$64,573
Median Household Income
$45,949
Median Earnings
$1,622
Median Rent
$302,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Flexible workspace includes private offices, a conference area, and a dedicated climate-controlled server room.
Where is this office units located?
The property is located at 102-28960 Us Highway 19 N Clearwater, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Over 300 square feet of attic storage; Several private offices plus a spacious reception area; Large conference room or break room
