1243 Myrtle Ave, Clearwater, FL 33756
This exceptional investment opportunity presents the Myrtle Executive Center, a stabilized, multi-tenant office complex in the heart of Downtown Clearwater, Florida. Comprising three single-story buildings totaling 10,000 to 38,492 square feet, this property boasts 97% occupancy with a diverse tenant mix of 18 businesses. A significant anchor tenant, OptumCare/DaVita, occupies 9,932 square feet, providing strong financial stability. Built in 1984 and 1998, with renovations completed in 2021, the property features ample parking and is situated on a 3.18-acre lot. The buildings are zoned O - Office, ensuring flexibility and future development potential. This prime location offers easy access to major transportation routes and a thriving commercial district. The property's strong occupancy rate, diverse tenant base, and recent improvements make it an attractive investment for those seeking a stable, high-performing asset in a desirable Florida market. The property addresses are 1243 S Myrtle Ave, 1225 S Myrtle Ave, and 1230 S Myrtle Ave, Clearwater, FL 33756, within Pinellas County.
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Anika Toor, MD Physician
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Hayes & Sons HVAC Solutions HVAC Service General Contractor
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Joel Rivera-Rodriguez, MD Physician
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Sara E Cruz-Luna, MD Physician
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Optum - Myrtle Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.