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Two-Story Office Building

1465 S FORT HARRISON AVENUE, Clearwater, FL 33756

For Sale
$5,750,000

CLEARWATER, FL

Property Size22,086 SF
Price / SF$260.35
Days on Market121

Property Features for 1465 S FORT HARRISON AVENUE

General Information

Property type Commercial Sale
Property subtype Office
Subdivision BELLEAIR HIGHLANDS
Standard status Active
Size 22,086 SF

Amenities

lobby
sweeping staircase
building signage
pylon sign
landscaping

Building Details

Year built 1989
Listing Agency: Engel & Volkers Belleair · Engel & Völkers
Listed By: Kelly Montgomery-Kepler · License FL #647245
Added: Jul 15 Changed: Oct 15 Last Checked: Nov 12 at 10:06AM
MLS# TB8470224

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 22,086-square-foot office property is arranged across two stories with 16 office suites. Built in 1989 with solid concrete construction, the building includes a welcoming lobby, elevator, and sweeping staircase. Recent improvements include a newer roof, exterior painting, a newly paved parking area, and updated landscaping. On-site parking, building signage, and an illuminated pylon sign add practical support and roadside presence.

The property occupies the signalized intersection of S. Fort Harrison Avenue and Belleview Boulevard, across from the Belleair Country Club Golf Course. It is positioned along Fort Harrison Avenue, a major route connecting Largo and Clearwater, with the Pinellas Trail, Pelican Golf Club, and Clearwater Beach nearby. The building also includes Wildflower Cafe and accommodates a mix of local and national businesses.

Key Highlights

  • 22,086‑square‑foot office building constructed in 1989
  • Two‑story layout with 16 office suites
  • Solid concrete construction with elevator and prominent lobby

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$398,126
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,962,520 $8.0M
Cap Rate 7%
$5,687,514 $5.7M
Cap Rate 9%
$4,423,622 $4.4M
Market Conditions
NOI Build-Up for 22,086 SF
Gross rent
$575.1K $26.04/SF
− Vacancy
−$44.3K −$2.01/SF
EGI
$530.8K $24.03/SF
− OpEx
−$132.7K −$6.01/SF
NOI
$398.1K $18.03/SF
Area
Clearwater, FL
Vacancy
7.70%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,962,520
Cap Rate 7%
$5,687,514
Cap Rate 9%
$4,423,622

Alternative Uses

Best Use
Office B
$5.69M
$4.98M – $6.64M (±1% cap)
NOI $398,126 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.20M
$5.42M – $7.23M (±1% cap)
NOI $433,749 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Real Estate Firm ... Real Estate Agency Cryo Studio Clearwater (Bike/Boat/Book/etc) Store ACR Title Group ... Title Company Gourmet Everything Car Rental Facility Unify Financial Advisors Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Cafe & Coffee Shop Locksmith

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

16
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,256
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Clearwater, FL

$375 Jul
$498 Aug
$350 Sep
$392 Oct

Properties on Market for Office buildings in Clearwater

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Concrete construction, refreshed site improvements, and an elevator support a professional office environment.
Where is this office building located?
The property is located at 1465 S FORT HARRISON AVENUE Clearwater, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 22,086‑square‑foot office building constructed in 1989; Two‑story layout with 16 office suites; Solid concrete construction with elevator and prominent lobby
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Includes: Price & PSF · Cap rate · Location · Zoning

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