1446 Gulf To Bay Blvd Clearwater, FL 33755
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Prime Clearwater retail plaza, high ROI.
Property size:
6,564 SFProperty Features for 1446 Gulf To Bay Blvd
General Information
- Property type
- Lifestyle centers
- Square Feet
- 6,564 SF
- Lot Size
- 16,553 SF
Building Details
- Year Built/Renovated
- 1955/2022
- Buildings
- 1
- Stories
- 1
- Units
- 8
Listing Agency: high point realty inc Listing Agent: David Kerr
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 6,564 square foot shopping center, located at 1446 Gulf to Bay Boulevard in Clearwater, Florida (zip code 33755), presents a lucrative investment opportunity. The property, built in 1955 and extensively renovated in 2022, comprises eight individual units within a single, one-story building situated on a 0.38-acre lot. Each unit boasts independent electric and water service, ensuring operational flexibility for tenants. Ample parking is available both in front and behind the building. The property's strong location on a newly landscaped and improved section of Gulf to Bay Boulevard, between Court and Cleveland Streets, ensures high visibility and accessibility. The current NOI is $86,400, yielding a 5.40% cap rate, while the pro-forma NOI is projected at $124,000, resulting in a 7.75% pro-forma cap rate. The asking price is $1,600,000, translating to $243.75 per square foot. Detailed financial statements and rent rolls are readily available upon request. Seller financing is a possibility. This is a remarkable opportunity to acquire a well-maintained, high-traffic retail property with significant upside potential in a desirable Clearwater location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mlords Hairstyle
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.777894449205
- Latitude
- 27.963552456098
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FAQs
What type of property is this?
Lifestyle center - Prime Clearwater retail plaza, high ROI.
Where is this lifestyle center located?
The property is located at 1446 Gulf To Bay Blvd Clearwater, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Eight-unit retail plaza on improved Gulf to Bay Blvd, between Court and Cleveland Streets.; Each unit features independent electric and water meters.; Ample front and rear parking is available.
