1417 Cleveland St Clearwater, FL 33755
Property profile & analytics
1417 Cleveland St, Clearwater, FL 33755
- Strip malls
- 12,716 SF
- 0.94 lot acres
Property ID
US18-2807549
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Authentic Mexican Food Margarita / Restaurant
Property Details for 1417 Cleveland St
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.94 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 14-29-15-47016-002-0010
- APU
- 142915470160020010
Description
This exceptional retail plaza, located at 1417 Cleveland Street in the revitalized Gateway area of downtown Clearwater, Florida, presents a unique investment opportunity. Spanning 14,400 square feet on a 0.94-acre lot, the property boasts 17 individual retail units, each equipped with its own separate power and water meters, offering maximum flexibility and efficiency for tenants. Recent upgrades have enhanced the property's appeal and functionality. The plaza enjoys a highly desirable location, directly adjacent to the newly established Marche, a vibrant hub for weekend markets and community events situated at the corner of Cleveland Street and Gulf to Bay Boulevard. This strategic positioning ensures high visibility and significant foot traffic, maximizing the potential for tenant success. Currently, only one unit remains vacant, and it is under lease negotiation, indicating strong market demand. The asking price for this exceptional property is $2,990,000. This represents a compelling investment in a thriving downtown area experiencing significant growth and redevelopment. The property's prime location, modern upgrades, and high occupancy rate make it an attractive proposition for discerning investors seeking a stable and profitable retail investment in the heart of Clearwater.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,975,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,811,000
- AI Estimate
- $1,811,000
Market price range: $1.10M - $3.42MMarket price range: $1.10M - $3.42M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,240,000 Current use
- RETAIL STORES
- $2,645,000 Change: +18% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,590,000 Change: +16% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,555,000 Change: +14% Conversion: Difficult
- OFFICE BUILDING
- $2,270,000 Change: +1% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7787
- Latitude
- 27.9654
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,830
$0.00
$0.00
$1,340,000
-
$634,269
$705,731
$1,340,000
