Turn-Key Office Condo For
2841 EXECUTIVE DRIVE #200, Clearwater, FL 33762
For Sale
$339,900
1,606 SF office condo in Feathersound, move-in ready.
Property Size1,606 SF
Price / SF$211.64
Days on Market319
Property Features for 2841 EXECUTIVE DRIVE #200
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Central air
Pool
Public Pool
Central Air Cooling
Building Details
Year Built
Listing Agency:
APRILE REAL ESTATE INC
(813) 532-6432
Listed By:
JASON APRILE · License FL #3204780
(813) 755-4800
Source:
Corcoran
Added: Dec 30, 2025
Changed: Aug 12
Last Checked: Aug 11 at 8:01AM
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 APRILE REAL ESTATE INC
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Investment Insights
Based on property information with market context.
This 1,606 square foot, second-floor office condo is available for sale. Constructed in 1986, the unit features an efficient and modern interior layout, including a recently added breakroom. The property is located in Feathersound, offering convenient access to Tampa via the Howard Franklin Bridge, St Pete/Clearwater International Airport, and major Pinellas County roadways. The complex consists of five buildings with abundant surface parking and landscaping. The location is near multiple hotels, Bascom’s Chop House, Publix, Courtside Grill, Topgolf, The Karol Hotel, and other restaurants and shops. Some furniture may be available upon request. The space is suitable for a small business seeking immediate occupancy without the need for major renovations.
Key Highlights
- Turn‑key, 1,606 SF 2nd‑floor office condo ready for immediate occupancy.
- Ideal Gateway location in Feathersound** with quick access to Tampa, St. Pete/Clearwater Airport (PIA), and major Pinellas County roadways.
- Efficient and modern interior layout with a recently added breakroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,950
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,000
$579.0K
Cap Rate 7%
$413,571
$413.6K
Cap Rate 9%
$321,667
$321.7K
Market Conditions
NOI Build-Up for 1,606 SF
Gross rent
$41.8K $26.04/SF
− Vacancy
−$3.2K −$2.01/SF
EGI
$38.6K $24.03/SF
− OpEx
−$9.7K −$6.01/SF
NOI
$29.0K $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%
$579,000
Cap Rate 7%
$413,571
Cap Rate 9%
$321,667
Alternative Uses
Best Use
Office B
$413.6K
$361.9K – $482.5K
NOI $28,950 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$450.6K
$394.3K – $525.7K
NOI $31,540 @ 7.0% cap · market cap 9.28%
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
Location Intelligence
Trade Area within ½ mile
1,139
Businesses Nearby
Explore this area
Business Placement
Demographics for 33762, FL
5,572
Population
3,117
Households
1.8
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
7.1 sq mi
ZIP Area
785
Density / Sq Mi
$91,024
Median Household Income
$51,596
Median Earnings
$1,711
Median Rent
$332,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Clearwater, FL
Properties on Market for Office Units in Clearwater
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - 1,606 SF office condo in Feathersound, move-in ready.
Where is this office unit located?
The property is located at 2841 EXECUTIVE DRIVE #200 Clearwater, FL.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Turn‑key, **1,606 SF 2nd‑floor office condo ready for immediate occupancy**.; Ideal Gateway location in Feathersound** with quick access to Tampa, St. Pete/Clearwater Airport (PIA), and major Pinellas County roadways.; Efficient and modern interior layout with a recently added breakroom.
