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    1225 S Myrtle Ave Clearwater, FL 33756

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    For Sale
    Contact for pricing

    Three multi-tenant office buildings in downtown Clearwater, 97% occupied.

    Property size:
    38,492 SF
    Lot size:
    1.21 Acres

    Property Features for 1225 S Myrtle Ave

    General Information

    Size
    38,492 SF
    Lot size
    1.21 Acres

    Source: Colliers | Clearwater Agent John Gerlach

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

    Overview

    Downtown Clearwater Office Building Trio

    Myrtle Executive Center is a trio of suburban office buildings located in Downtown Clearwater. The property consists of 38,492 rentable square feet of office space for small and large businesses. The property is 97% occupied with a diversified rent roll, providing stable income. A major tenant is OptimCare/DaVita.
    Location Intelligence

    Current Use by Public Records

    Vittax Advisory Corporation Accountant Gulf Stream Energy ... Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7953466
    Latitude
    27.9524305

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    FAQs

    What type of property is this?
    Office building - Three multi-tenant office buildings in downtown Clearwater, 97% occupied.
    Where is this office building located?
    The property is located at 1225 S Myrtle Ave Clearwater, FL.
    What are key features of this property?
    This property features: - High Occupancy Rate: 97% occupancy indicates strong demand and immediate income potential.; - Stable, Reliable Income: Diversified rent roll provides consistent cash flow for investors.; - Strategic Downtown Clearwater Location: Positioned in a desirable and accessible business hub.
    (727) 442-7184
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    1225 S Myrtle Ave 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
    1225 S Myrtle Ave Clearwater, FL 33756
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