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    Modern Office Space on Drew Title is generated by Realmo AI

    2358 Drew St, Clearwater, FL

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    2,478 SF office space for sale in Clearwater, FL.

    Type:OFFICE
    Property size:
    2,478 SF
    Lot size:
    2.19 Acres
    Price / SF:
    $298/SF
    Added:
    Apr 23, 2025
    Days on Market:
    436
    Last Refresh:
    May 20 at 9:33 pm

    Property Features for 2358 Drew St

    General Information

    Standard status
    Active
    Size
    2,478 SF
    Lot size
    2.19 Acres
    Property subtype
    OFFICE

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    Benjamin Kreloff

    Listing office A.R.K. Property Solutions, Inc.

    Listing date Apr 23, 2025

    Source Moodyscre

    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 A.R.K. Property Solutions, Inc.

    HighLights

    • 2,478 sq ft of modern, professional office space.
    • Ideally located on Drew Street, half a mile from US Highway 19.
    • Features seven private offices and a spacious conference room.
    • Includes three restrooms and a designated break room.
    • Welcoming front desk reception area.
    • Excellent visibility on Drew Street.

    Overview

    This property offers 2,478 square feet of modern, professional office space for sale. It is located on Drew Street, approximately half a mile from US Highway 19, in Clearwater, Florida. The office features an efficient and flexible layout designed to accommodate a range of businesses. The interior includes seven private offices, a spacious conference room, and a welcoming front desk reception area. There are also three restrooms and a designated break room. The design provides both collaborative and individual workspaces, enhanced by modern finishes. The property benefits from excellent visibility on Drew Street, offering added exposure. Its location provides convenient access to major roadways, making it suitable for businesses seeking an adaptable office space. This property is suited for businesses looking to expand or relocate.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $64.5k $26.04
    − Vacancy −$5.0k −$2.01
    EGI $59.6k $24.03
    − OpEx −$14.9k −$6.01
    NOI $44.7k $18.03
    2,478 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $638.1K
    $558.4K – $744.5K (±1% cap)
    NOI $44,669 @ 7.0% cap · market cap 6.04%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $695.2K
    $608.3K – $811.1K (±1% cap)
    NOI $48,666 @ 7.0% cap · market cap 6.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bedinghaus & Company CPA Accounting Firm Westbay CPAs Accounting Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7396
    Latitude
    27.9686

    FAQs

    What type of property is this?
    Office units - 2,478 SF office space for sale in Clearwater, FL.
    Where is this office units located?
    The property is located at 2358 Drew St Clearwater, FL.
    What is the asking price?
    The asking price for this property is $739,000.
    What are key features of this property?
    This property features: 2,478 sq ft of modern, professional office space.; Ideally located on Drew Street, half a mile from US Highway 19.; Features **seven private offices and a spacious conference room.**
    (727) 643-2314 Call to check price and availability
    More about this property
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