Executive Office Condo
2424 ENTERPRISE Rd A Clearwater, FL 33763
For Sale
$225,000
Office condo suite with three interior offices, reception/sitting area, kitchen, bathroom, and storage room.
Property Size890 SF
Price / SF$252.81
Days on Market16
Property Features for 2424 ENTERPRISE Rd A
General Information
- Standard status
- Active
- Size
- 890 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing Agency:
RE/MAX Realtec Group
(727) 403-5611
Listed By:
Mark Ganier · License #BK536738
(727) 403-5611
Source:
Elliman
Added: Jul 11
Changed: Jul 23
Last Checked: Jul 25 at 6:49AM
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 RE/MAX Realtec Group
Investment Insights
Based on property information with market context.
Suite A is an executive office condo within the Cypressview Professional Center. The space includes three large interior offices, a large reception/sitting room, a kitchen area, one bathroom, and a storage room. Interior features include vaulted ceilings and abundant natural light.
The condo is located on Enterprise Road, just west of U.S. Highway 19, within a professionally maintained office environment. The property is part of an association with monthly fees of $429.15.
Suite A has been occupied for many years by a long-term professional tenant, and the other suites are also occupied by similarly long-term professionals. This configuration supports ownership as either an owner-user space or a rental investment, depending on the buyer’s objectives.
The condo is located on Enterprise Road, just west of U.S. Highway 19, within a professionally maintained office environment. The property is part of an association with monthly fees of $429.15.
Suite A has been occupied for many years by a long-term professional tenant, and the other suites are also occupied by similarly long-term professionals. This configuration supports ownership as either an owner-user space or a rental investment, depending on the buyer’s objectives.
Key Highlights
- 890 SF executive office condo suite (Suite A) in Cypressview Professional Center
- Suite A layout includes 3 large interior offices, a reception/sitting room, kitchen area, 1 bathroom, and storage room
- 1984‑built professional center with vaulted ceilings and abundant natural light
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 | $23.2k | $26.04 |
| − Vacancy | −$1.8k | −$2.01 |
| EGI | $21.4k | $24.03 |
| − OpEx | −$5.3k | −$6.01 |
| NOI | $16.0k | $18.03 |
890 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$229.2K
$200.5K – $267.4K
NOI $16,043 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.7K
$218.5K – $291.3K
NOI $17,479 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brittney Wood, Loan ...
Loan Service
Gross Constance A
Physician
Retirement Wealth Resources ...
Financial Advisor
NeuSpine Institute-Clearwater
Medical Clinic
AMY E MACGREGOR
Dental Office
FAQs
What type of property is this?
Office units - Office condo suite with three interior offices, reception/sitting area, kitchen, bathroom, and storage room.
Where is this office units located?
The property is located at 2424 ENTERPRISE Rd A Clearwater, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 890 SF executive office condo suite (Suite A) in Cypressview Professional Center; Suite A layout includes 3 large interior offices, a reception/sitting room, kitchen area, 1 bathroom, and storage room; 1984‑built professional center with vaulted ceilings and abundant natural light
