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Condo-Style Office Building
For Sale
Contact for pricing
Pending

1208 S Myrtle Ave, Clearwater, FL 33756

7,500+/- SF office building with multiple condo units, each featuring private restrooms and many with showers and balconies.

Property Size7,500 SF
Days on Market112

Property Features for 1208 S Myrtle Ave

General Information

Standard status Pending
Size 7,500 SF
Property subtype Office

Additional Details

Opportunity Zone Yes
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Ripco Real Estate
Listed By: Jaclyn Blair · License #Fl SL3371512
Source: Crexi
Added: Apr 12 Changed: Jul 20 Last Checked: Jul 30 at 2:01PM

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 Ripco Real Estate

Investment Insights

Based on property information with market context.

This office building offers approximately 7,500+/- square feet and is currently under one ownership, with the property delineated into individual condo units. Units are configured with private restroom(s), and many include showers. Private balconies are also included in most units. The building is leased to multiple tenants, with one owner-occupied unit scheduled to be vacated at the time of sale.

The exterior is described as cement block walls and a cement slab floor plate and roof system, with a Chicago Brick clad facade. Covered parking is included.

The asset is positioned for a buyer interested in either continued income generation or occupancy flexibility, supported by the note that leases were intentionally kept relatively short and that many rents are currently below market. The property is in an Opportunity Zone.

Key Highlights

  • 7,500+/- SF office building in Clearwater, structured as multiple condo units under one ownership
  • Each unit includes private restroom(s), with many units also offering showers
  • Most units include private balconies

Property Analytics

Current Use

United Trust Insurance ... Insurance Agency Priority One Clearing ... (Bike/Boat/Book/etc) Store Studio 3 Marketing Marketing & Advertising

Suggested Use

Top Pick Veterinary Clinic Furniture & Home Goods Garden Center Auto Parts Store Bakery Pet Grooming Service

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,620
Businesses Nearby

Demographics for 33756, FL

31,807
Population
15,474
Households
2.1
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
7.2 sq mi
ZIP Area
4,418
Density / Sq Mi
$63,990
Median Household Income
$38,563
Median Earnings
$1,382
Median Rent
$335,800
Median Home Value

Market

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 - 7,500+/- SF office building with multiple condo units, each featuring private restrooms and many with showers and balconies.
Where is this office units located?
The property is located at 1208 S Myrtle Ave Clearwater, FL.
What are key features of this property?
This property features: 7,500+/- SF office building in Clearwater, structured as multiple condo units under one ownership; Each unit includes private restroom(s), with many units also offering showers; Most units include private balconies
(813) 921-5636 Call to check price and availability
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