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    123 N Martin Luther King Jr Ave, Unit B Clearwater, FL 33755

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    For Lease
    $12,540 /Mo

    Visually appealing building with high visibility and ample parking.

    Lot size:
    0.14 Acres

    Property Features for 123 N Martin Luther King Jr Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1938

    Source: VIEWPOINT REALTY INTERNATIONAL Agent Anthony Maccaroni

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

    Overview

    Downtown Clearwater Retail/Office Space

    This visually appealing mid-century building is located in downtown Clearwater on a busy street with over 20,000 vehicles passing by daily. The property offers high visibility and ample parking in the rear. It features a private restroom and an open floor plan, recessed LED lighting, tall 12-foot ceilings, and ceramic tile flooring. The landlord would consider a tenant improvement allowance for partitioned office walls, waiting room, and other build-out specifications, based on the lease term. The property is located in an opportunity zone. One of three units (800 square feet each, more or less) or a combination of two or all three (2394 square feet total for all three suites) can be leased. The center suite (suite B) has a large 10-foot overhead door for easy inflow and outflow. The property is suitable for retail or office use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7915514
    Latitude
    27.9675266

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    FAQs

    What type of property is this?
    Retail space - Visually appealing building with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 123 N Martin Luther King Jr Ave, Unit B Clearwater, FL.
    What are key features of this property?
    This property features: - High-traffic downtown Clearwater location with over 20,000 vehicles passing daily.; - Ample parking in the rear of the building.; - Landlord offers Tenant Improvement (TI) allowance for build-out specifications, based on lease term.
    (727) 641-0271
    Request Owner's contact information
    123 N Martin Luther King Jr Ave, Unit B Clearwater, FL 33755
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    Clearwater, FL 33755
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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
    123 N Martin Luther King Jr Ave, Unit B Clearwater, FL 33755
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