Two-Building Downtown Office Property

908 S Fort Harrison Avenue CLEARWATER Clearwater, FL 33756

Claim this Listing
New
For Sale
$1,200,000

Two office buildings total 3,515 SF with 20 parking spaces and office zoning on highly visible Fort Harrison Avenue.

Property size:
3,515 SF
Price / SF:
$341/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 9 at 10:36 am

Property Features for 908 S Fort Harrison Avenue CLEARWATER

General Information

Standard status
Active
Size
3,515 SF

Building Details

Year Built
1940

Listing office

Listing date Jul 9, 2026

Source Therealestatecollection

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 Christian Dyas


Investment Insights

Based on property information with market context.

The offering includes two office buildings on two parcels totaling 3,515 SF, with space sizes of 2,140 SF and 1,375 SF. The property includes 20 parking spaces and is described as office zoning, supporting a flexible office and medical-office type footprint based on the current configuration.

The buildings are positioned on highly visible S Fort Harrison Ave in downtown Clearwater, with the property noted as adjacent to the Harbor Oaks neighborhood.

This is a two-building office setup that can be structured to fit multiple occupancy approaches, including maintaining existing medical tenants, occupying one building while leasing the other, or using the full combined space.

Key Highlights

  • Two office buildings on two parcels totaling 3,665 SF (2,140 SF and 1,375 SF) with office zoning
  • Highly visible S Ft Harrison Ave frontage on a city street with asphalt road surface
  • 20 parking spaces (19 to 30 spaces) for tenant and visitor parking

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 $91.5k $26.04
− Vacancy −$7.0k −$2.01
EGI $84.5k $24.03
− OpEx −$21.1k −$6.01
NOI $63.4k $18.03
3,515 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$905.2K
$792.0K – $1.06M (±1% cap)
NOI $63,362 @ 7.0% cap · market cap 5.28%
Second Best
Healthcare Medical
$661.6K
$578.9K – $771.9K (±1% cap)
NOI $46,314 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$986.2K
$862.9K – $1.15M (±1% cap)
NOI $69,031 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

InnovaCare | Desai Medical Medical Clinic

Suggested Use

Carpet & Flooring Store Veterinary Clinic Butcher Bakery Garden Center Fish Market Clothing & Fashion Store (Bike/Boat/Book/etc) Store Locksmith Clothing & Fashion Store

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

FAQs

What type of property is this?
Office building - Two office buildings total 3,515 SF with 20 parking spaces and office zoning on highly visible Fort Harrison Avenue.
Where is this office building located?
The property is located at 908 S Fort Harrison Avenue CLEARWATER Clearwater, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two office buildings on two parcels totaling 3,665 SF (2,140 SF and 1,375 SF) with office zoning; Highly visible S Ft Harrison Ave frontage on a city street with asphalt road surface; 20 parking spaces (19 to 30 spaces) for tenant and visitor parking
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