Office Suite with Private
611 DRUID Road E, Clearwater, FL 33756
For Sale
New
$578,000
Commercial Sale, CLEARWATER, FL
Property Size950 SF
Lot Size0.66 Acres
Price / SF$608.42
Days on Market2
Property Features for 611 DRUID Road E
General Information
Property type
Property subtype
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
LAUREN MICHAELS R.E. PARTNERS
Listed By:
Terri Novitsky · License FL #3316546
(727) 298-8888
Added: Nov 12
Last Checked: Nov 13 at 1:06AM
MLS# TB8565781
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 611 Druid Road E, the office suite offers five private offices alongside a conference room, lunchroom, computer room, storage, and a lobby. The interior has fresh paint, laminate flooring, solid wood doors, and ADA-compliant bathrooms. Central air conditioning units were upgraded in 2023. The suite is located within Druhill Professional Center, and the property information identifies existing tenants as well as options to occupy one suite or consolidate operations.
The Clearwater address is minutes from Downtown Clearwater, Morton Plant Hospital, and the Pinellas County Courthouse. Gulf-to-Bay Boulevard and Alt US-19 provide regional access, with Harbor Oaks Shopping Center nearby. The HOA covers the roof, exterior maintenance, water, trash, and sewer.
The Clearwater address is minutes from Downtown Clearwater, Morton Plant Hospital, and the Pinellas County Courthouse. Gulf-to-Bay Boulevard and Alt US-19 provide regional access, with Harbor Oaks Shopping Center nearby. The HOA covers the roof, exterior maintenance, water, trash, and sewer.
Key Highlights
- Five private offices plus a conference room, computer room, lunchroom, storage, and lobby
- ADA‑compliant bathrooms and solid wood doors
- Central air conditioning units upgraded in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,125
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,500
$342.5K
Cap Rate 7%
$244,643
$244.6K
Cap Rate 9%
$190,278
$190.3K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$24.7K $26.04/SF
− Vacancy
−$1.9K −$2.01/SF
EGI
$22.8K $24.03/SF
− OpEx
−$5.7K −$6.01/SF
NOI
$17.1K $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%
$342,500
Cap Rate 7%
$244,643
Cap Rate 9%
$190,278
Alternative Uses
Best Use
Office B
$244.6K
$214.1K – $285.4K
NOI $17,125 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$266.5K
$233.2K – $311.0K
NOI $18,657 @ 7.0% cap · market cap 3.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,009
Businesses Nearby
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Business Placement
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
$335,800
Median Home Value
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Market
Average Price Trend$/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 - A conference room, lobby, lunchroom, and support spaces complement the office layout.
Where is this office unit located?
The property is located at 611 DRUID Road E Clearwater, FL.
What is the asking price?
The asking price for this property is $578,000.
What are key features of this property?
This property features: Five private offices plus a conference room, computer room, lunchroom, storage, and lobby; ADA‑compliant bathrooms and solid wood doors; Central air conditioning units upgraded in 2023
