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    16120 Bay Vista Dr Clearwater, FL 33760

    For Sale
    $2,700,000

    1.05 Acres, 10,820 SF Retail Space

    Property size:
    10,820 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional Clearwater retail property, located at 16120 Bay Vista Drive, presents a unique investment opportunity. The 1.05-acre lot boasts a substantial 10,820 square foot building, featuring 9 rooms and 10 bathrooms. The versatile layout includes two kitchens, ample storage space, and a dedicated laundry area. A significant advantage is the inclusion of a 1,404 square foot drive-thru/awning area, ideal for convenient customer access and potential expansion. The property also benefits from a large backyard area, offering additional potential uses or outdoor space. The building is in excellent condition, reflecting recent significant upgrades. These include a complete roof replacement in 2016, all AC units replaced in 2015, and a fire sprinkler system update in 2018. Further enhancing its appeal, the property underwent remodeling and repainting in 2021. This turnkey retail space is ready for immediate occupancy and presents a strong return on investment. Its prime location in Clearwater, Florida, ensures high visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The combination of size, features, and recent improvements makes this property a truly exceptional offering.

    Property Features for 16120 Bay Vista Dr

    General Information

    Property type
    Retail properties
    Square Feet
    10,820 SF
    Lot Size
    45,738 SF

    Building Details

    Year Built
    1988
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bay Vista Learning ... Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.70895
    Latitude
    27.91919

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    FAQs

    What type of property is this?
    Retail property - 1.05 Acres, 10,820 SF Retail Space
    Where is this retail property located?
    The property is located at 16120 Bay Vista Dr Clearwater, FL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    (813) 321-1200
    Request Owner's contact information
    16120 Bay Vista Dr Clearwater, FL 33760
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    Clearwater, FL 33760
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    Realmo Value Estimation

    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.

    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.

    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
    16120 Bay Vista Dr Clearwater, FL 33760
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