Downtown Clearwater Office
908 S Ft Harrison Ave, Clearwater, FL 33756
Two office buildings totaling 3,515 SF with 20 parking spaces.
Type:Mixed Use, Office
Property size:
3,515 SFPrice / SF:
$341/SF- Added:
- Mar 9, 2026
- Days on Market:
- 71
- Last Refresh:
- Mar 19 at 10:06 pm
Property Features for 908 S Ft Harrison Ave
General Information
- Standard status
- Active
- Size
- 3,515 SF
- Property subtype
- Mixed Use, Office
Building Details
- Year Built
- 1940
Listing agent Benjamin Magnie License #SL3463003
Listing office Stonebridge Real Estate
Listing date Mar 9, 2026
Source Crexi
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 Stonebridge Real Estate
HighLights
- Prime Downtown Clearwater location on highly visible S Ft Harrison Ave.
- Two office buildings totaling 3,515 SF on two parcels.
- 20 parking spaces included.
- Flexible Office zoning allows for various uses.
- Multiple options for investor or owner‑user (maintain tenants, occupy/lease, or full use).
- Adjacent to the desirable Harbor Oaks neighborhood.
Overview
Located in downtown Clearwater on S Ft Harrison Ave, adjacent to the Harbor Oaks neighborhood, this property features two office buildings on two parcels. The buildings total 3,515 square feet, with one building offering 2,140 square feet and the other 1,375 square feet. There are 20 parking spaces available. The property is zoned for office use. This property is suitable for investors or owner-users. Options include maintaining existing medical tenants for income, occupying one space and leasing the other, or utilizing the full 3,515 square feet. This property offers flexible office use in a strong location.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$704.0K
NOI $63,362 @ 9.00% cap · cautious / downside scenario
Moderate
$905.2K
NOI $63,362 @ 7.00% cap · market / base-case scenario
Aggressive
$1.27M
NOI $63,362 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.5k | $26.04 |
| − Vacancy | −$7.0k | −$2.01 |
| EGI | $84.5k | $24.03 |
| − OpEx | −$21.1k | −$6.01 |
| NOI | $63.4k | $18.03 |
3,515 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$905.2K
$792.0K – $1.06M
NOI $63,362 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$986.2K
$862.9K – $1.15M
NOI $69,031 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
InnovaCare | Desai Medical
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.8001713
- Latitude
- 27.9556357
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two office buildings totaling 3,515 SF with 20 parking spaces.
Where is this office building located?
The property is located at 908 S Ft Harrison Ave Clearwater, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime Downtown Clearwater location on highly visible S Ft Harrison Ave.; Two office buildings totaling 3,515 SF on two parcels.; 20 parking spaces included.
