Office Unit with Eight Private
For Sale
Contact for pricing
525 S HERCULES AVE, Clearwater, FL 33764
The functional floor plan includes multiple enclosed work areas for a range of office operations.
Property Size3,000 SF
Price / SF$299.67
Days on Market8
Property Features for 525 S HERCULES AVE
General Information
Standard status
Active
Size
3,000 SF
Property subtype
OFFICE
Additional Details
HOA Fee
$924
Listing Agency:
A.R.K. Property Solutions, Inc.
(727) 796-2684
Listed By:
Benjamin Kreloff
(727) 643-2314
Source:
Moodyscre
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 7 at 3:43PM
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 A.R.K. Property Solutions, Inc.
Investment Insights
Based on property information with market context.
This 3,000-square-foot office unit is arranged with 8 private offices, providing a defined layout for day-to-day business functions. The property has new roofs throughout, and the association handles exterior maintenance, property insurance, water, parking lot care, landscaping, and roof maintenance.
At 525 S Hercules Ave in Clearwater, the office is just off Gulf to Bay Blvd, with access to major traffic routes. Monthly association dues are $924.
At 525 S Hercules Ave in Clearwater, the office is just off Gulf to Bay Blvd, with access to major traffic routes. Monthly association dues are $924.
Key Highlights
- 3,000 square feet with 8 private offices
- New roofs throughout the property
- Association dues of $924 per month cover exterior maintenance, insurance, water, parking lot care, landscaping, and roof maintenance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,079
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,580
$1.1M
Cap Rate 7%
$772,557
$772.6K
Cap Rate 9%
$600,878
$600.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$78.1K $26.04/SF
− Vacancy
−$6.0K −$2.01/SF
EGI
$72.1K $24.03/SF
− OpEx
−$18.0K −$6.01/SF
NOI
$54.1K $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%
$1,081,580
Cap Rate 7%
$772,557
Cap Rate 9%
$600,878
Alternative Uses
Best Use
Office B
$772.6K
$676.0K – $901.3K
NOI $54,079 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$841.7K
$736.5K – $982.0K
NOI $58,917 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Explore this area
Business Placement
Demographics for 33764, FL
27,547
Population
15,193
Households
1.8
Avg Household Size
50
Median Age
32%
College-Educated
93%
High-School Grad
6.3 sq mi
ZIP Area
4,373
Density / Sq Mi
$64,573
Median Household Income
$45,949
Median Earnings
$1,622
Median Rent
$302,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - The functional floor plan includes multiple enclosed work areas for a range of office operations.
Where is this office units located?
The property is located at 525 S HERCULES AVE Clearwater, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,000 square feet with 8 private offices; New roofs throughout the property; Association dues of $924 per month cover exterior maintenance, insurance, water, parking lot care, landscaping, and roof maintenance
