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Downtown Clearwater Office Space
For Lease
$265,370

1255 CLEVELAND St 400, Clearwater, FL 33755

Penthouse office space in vibrant Cleveland Street District.

Space SizeContact for details
Property Size49,592 SF
Lot Size1.70 Acres
Days on Market152

Property Features for 1255 CLEVELAND St 400

General Information

Standard status Active
Size 49,592 SF
Lot size 1.70 Acres
Property subtype Commercial
Lease Term 3 to 5 years

Taxes and HOA fees

Annual Taxes $83,954

Building Details

Building Size 49,592 SF
Year Built 1968
Stories 5
Listing Agency: O'Neil Commercial Advisors
Listed By: Cheri O'Neil · License #BK532677
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:45AM

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 O'Neil Commercial Advisors

Investment Insights

Based on property information with market context.

This "Penthouse" opportunity offers up to 15,000 square feet of office space. The space includes large private offices, a break room, and a balcony overlooking the coastal side of Downtown Clearwater. It features a private entrance and elevator lobby reception, as well as 24/7 tenant access and on-site security. Ample parking is available, including overflow parking. The building is located within the Cleveland Street District, providing access to retail shops, entertainment venues, and restaurants. The lease rate is $19.00 per square foot, full service net of janitorial services.

Key Highlights

  • Penthouse office space with balcony overlooking Downtown Clearwater.
  • Up to 15,000± SF available at $19.00 SF Full Service Net of Janitorial.
  • Private entrance and elevator lobby reception**.

Property Analytics

Current Use

Consumer Energy Solutions ... Production Facility Accelerated Training Solutions, ... Corporate Office Blue Streak Docs, ... Title Company Patient Reactivation Solutions Business To Business Service Concerned Businessmen's Association Association / Organization

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Pet Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,726
Businesses Nearby

Demographics for 33755, FL

28,360
Population
11,872
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$59,613
Median Household Income
$36,206
Median Earnings
$1,340
Median Rent
$300,200
Median Home Value

Market

Lease Benchmarks for Clearwater, FL

$80.32 /SF/Yr
Avg Asking Price
$2.49–$216 /SF/Yr
Price Range
10,135 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Penthouse office space in vibrant Cleveland Street District.
Where is this office units located?
The property is located at 1255 CLEVELAND St 400 Clearwater, FL.
What is the lease rate?
The lease rate is $265,370.
What are key features of this property?
This property features: Penthouse office space with **balcony overlooking Downtown Clearwater**.; Up to 15,000± SF available at $19.00 SF Full Service Net of Janitorial.; Private entrance and elevator lobby reception**.
More about this property
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