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    1100 Myrtle Ave Clearwater, FL 33756

    For Sale
    $799,999

    .84-Acre Retail Building, Triple-Net Lease

    Property size:
    1,080 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional Clearwater retail property presents a rare opportunity to acquire a thriving commercial investment. Situated on a substantial 0.84-acre lot at 1100 S Myrtle Avenue, this 1,080 square foot building benefits from its prime location near downtown Clearwater and its designation within an Opportunity Zone. The property's strategic positioning next to a large storage facility ensures high visibility and convenient access for customers. The existing tenant is secured under a triple-net lease with a remaining term of two years, providing immediate and consistent cash flow. A recent Phase 1 environmental assessment and a new survey have been completed, providing peace of mind for potential investors. The property is zoned for commercial use, offering flexibility for future development or continued operation under the current lease. This is an ideal investment for those seeking a stable, income-generating asset in a rapidly growing area. The combination of a strong lease, desirable location, and significant land area makes this a truly unique opportunity. Don't miss out on this chance to acquire a prime piece of Clearwater real estate. The asking price is $799,999.

    Property Features for 1100 Myrtle Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,080 SF
    Lot Size
    36,590 SF

    Building Details

    Year Built
    1964
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Media Luna Convenience Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -82.79607
    Latitude
    27.95434

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    FAQs

    What type of property is this?
    Retail property - .84-Acre Retail Building, Triple-Net Lease
    Where is this retail property located?
    The property is located at 1100 Myrtle Ave Clearwater, FL.
    What is the asking price?
    The asking price for this property is $799,999.
    (727) 442-6800
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    1100 Myrtle Ave Clearwater, FL 33756
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    Clearwater, FL 33756
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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
    1100 Myrtle Ave Clearwater, FL 33756
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