Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    300 Park Place Blvd Clearwater, FL 33759

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A office building in Clearwater's Bayside Submarket.

    Property size:
    32,510 SF
    Lot size:
    32,510 SF

    Property Features for 300 Park Place Blvd

    General Information

    Size
    32,510 SF

    We can help!

    Listing Contact
    Ryan Reynolds
    Source: Cbre

    Listing Agent: Ryan Reynolds

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Class A Office Space

    300 Park Place is a Class A office building situated in the Park Place Business Park, within the Bayside Submarket of Clearwater, Florida. The property is conveniently located near various retail amenities and hospitality options. It offers accessibility to major highways, Tampa International Airport, and St. Pete-Clearwater International Airport. Recent renovations have updated the common areas with luxury, high-end features. The building provides several amenities, including on-site management, a courtyard, a kitchen, and shower facilities. Parking is available at a ratio of 5.00 spaces per 1,000 square feet. Electric car charging stations are also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Professional In Home TV ... Computer & Electronic Repair Verifone Corporate Office ZAQ Aesthetics Medical Clinic Morton Plant Mease ... Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7257192
    Latitude
    27.9634976

    Nearby Similar for Lease

    • $18 SF/Yr
      2,984 SF

      Clearwater Medical Office Space Available

      Prime medical office space in Clearwater near Morton Plant Hospital.
      1005 Pinellas St, Clearwater, FL 33756
      View Details
    • $170,928
      9,496 SF

      Renovated Commercial Building in Clearwater

      Completely renovated commercial building suitable for various business types.
      1710 N Fort Harrison Ave, Clearwater, FL 33755
      View Details
    • $22 SF/Yr
      2,566 SF

      Landmark Clearwater Mixed-Use Property

      Upscale office and retail spaces in a prime Clearwater location.
      1465 S Fort Harrison Ave, Clearwater, FL 33756
      View Details
    • $2,000 /Mo
      5,371 SF

      Office Space in Downtown Clearwater

      Office space available for rent in downtown Clearwater, Florida.
      1383 Gulf To Bay Blvd, Clearwater, FL 33755
      View Details
    • $104,786
      2,566 SF

      Upscale Office and Retail Space

      Professional office and retail spaces available in landmark Belleair location.
      1465 S Fort Harrison Ave, Clearwater, FL 33756
      View Details
    • $1,000 /Mo
      8,115 SF

      Professional Office Space in Clearwater

      Professional office suites available for lease in Clearwater, Florida.
      13246 38Th St N, Clearwater, FL 33762
      View Details
    • Contact for pricing

      FL, Clearwater - US Highway 19N

      Discover many ways to work your way in San Antonio Airport
      29399 Us Highway 19, Clearwater, FL 33761
      View Details
    • Sponsored
      Contact for pricing

      FL, Clearwater - Tech Data Dr

      Discover many ways to work your way in Fort Washington
      5225 Tech Data Dr, Clearwater, FL 33760
      View Details
    • Contact for pricing

      FL, Clearwater - Countryside Corporate Ctr

      Discover many ways to work your way in Fort Washington
      2536 Countryside Blvd, Clearwater, FL 33763
      View Details
    • $1,800 /Mo
      8,115 SF

      Professional Space in Clearwater, FL

      Versatile 755 sqft office space suitable for various businesses.
      13246 38Th St N, Clearwater, FL 33762
      View Details
    • $1,400 /Mo
      8,115 SF

      Professional Space in Clearwater, FL

      Versatile 372 sq ft space suitable for various business uses.
      13246 38Th St N, Clearwater, FL 33762
      View Details
    • Contact for pricing

      Clearwater Retail Space For Lease

      40,000 SF retail space with high traffic visibility.
      2130 Gulf To Bay Blvd, Clearwater, FL 33765
      View Details

    FAQs

    What type of property is this?
    Office building - Class A office building in Clearwater's Bayside Submarket.
    Where is this office building located?
    The property is located at 300 Park Place Blvd Clearwater, FL.
    What are key features of this property?
    This property features: - Class A office building with recent luxury, high-end common area renovations.; - High parking ratio of 5.00/1,000 SF.; - Convenient access to Tampa International Airport and St. Pete-Clearwater International Airport.
    (813) 393-9363
    Request Owner's contact information
    300 Park Place Blvd Clearwater, FL 33759
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Park Place Blvd
    Clearwater, FL 33759
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    300 Park Place Blvd Clearwater, FL 33759
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Reynolds
    (813) 393-9363 (813) 273-8470
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!