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Fully Leased Professional Office Building
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2362 Sunset Point Road, Clearwater, FL 33763

Renovated professional office property with medical, financial, and other established service tenants.

Property Size5,834 SF
Price / SF$355.67
Days on Market49

Property Features for 2362 Sunset Point Road

General Information

Standard status Active
Size 5,834 SF
Total Parking Spaces 50
Property subtype Office, Hospitality, Mixed Use
Occupancy 100%

Building Details

Year Renovated 2019
Buildings 1
Building Size 5,834 SF
Tenancy Multi
Parking Ratio 8.57 per 1,000 SF
Listing Agency: Harris & Company
Listed By: David Harris · License #FL
Source: Crexi
Added: Sep 14 Changed: Oct 25 Last Checked: Oct 30 at 11:48AM

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 Harris & Company

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Investment Insights

Based on property information with market context.

This 5,834-square-foot office building is fully leased to a complementary tenant roster that includes BayCare Medical Group, BayCare Laboratories, Sunset Point Dentistry, Retire Pro, and Bonomo Realty. The tenancy represents healthcare, financial, dental, and professional service uses within a single office property.

Located at 2362 Sunset Point Road in Clearwater, Florida, the building fronts Sunset Point Road, an east-west corridor in Pinellas County. Significant renovations were completed in 2019, and the roof was completed in 2026. The property includes 50 parking spaces, equal to approximately 8.57 spaces per 1,000 square feet, supporting its professional and medical office configuration.

Key Highlights

  • 5,834‑square‑foot office building at 2362 Sunset Point Road, Clearwater, FL 33763
  • 100% leased to BayCare Medical Group, BayCare Laboratories, Sunset Point Dentistry, Retire Pro, and Bonomo Realty
  • Tenant mix includes healthcare, dental, financial, and professional service uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,165
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,103,300 $2.1M
Cap Rate 7%
$1,502,357 $1.5M
Cap Rate 9%
$1,168,500 $1.2M
Market Conditions
NOI Build-Up for 5,834 SF
Gross rent
$151.9K $26.04/SF
− Vacancy
−$11.7K −$2.01/SF
EGI
$140.2K $24.03/SF
− OpEx
−$35.1K −$6.01/SF
NOI
$105.2K $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%
$2,103,300
Cap Rate 7%
$1,502,357
Cap Rate 9%
$1,168,500

Alternative Uses

Best Use
Office B
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,165 @ 7.0% cap · market cap 5.07%
Second Best
Healthcare Medical
$1.10M
$960.9K – $1.28M (±1% cap)
NOI $76,869 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,575 @ 7.0% cap · market cap 5.52%
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

Clinical Pathology Labs ... Physician BayCare Laboratories (Sunset ... Medical Laboratory Bay Care Laboratories Laboratory

Suggested Use

Top Pick Nail Salon Bakery Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,094
Businesses Nearby

Demographics for 33763, FL

18,981
Population
11,638
Households
1.6
Avg Household Size
58
Median Age
28%
College-Educated
93%
High-School Grad
3.4 sq mi
ZIP Area
5,583
Density / Sq Mi
$53,552
Median Household Income
$36,730
Median Earnings
$1,447
Median Rent
$215,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Renovated professional office property with medical, financial, and other established service tenants.
Where is this office building located?
The property is located at 2362 Sunset Point Road Clearwater, FL.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: 5,834‑square‑foot office building at 2362 Sunset Point Road, Clearwater, FL 33763; 100% leased to BayCare Medical Group, BayCare Laboratories, Sunset Point Dentistry, Retire Pro, and Bonomo Realty; Tenant mix includes healthcare, dental, financial, and professional service uses
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