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Property profile & analytics
FOR SALE
Strip malls

1446 Gulf To Bay Blvd Clearwater, FL 33755

6,424 SF 0.38 ac lot Built 1955
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-2940639
Property summary
AI-generated overview

This exceptional investment opportunity presents a seven-unit retail plaza ideally situated on the revitalized Gulf to Bay Boulevard in Clearwater, Florida, between Court and Cleveland Streets. The property boasts a total of 7,344 square feet and sits on a 0.38-acre lot. Recent landscaping and improvements to Gulf to Bay Boulevard enhance visibility and accessibility. Each of the seven retail spaces benefits from its own dedicated electric and water service, providing tenants with independent utility control. Ample parking is available both in the front and rear of the building, ensuring convenient access for customers and employees. The property has undergone numerous updates, reflecting a commitment to maintaining high standards. Detailed financial information, including a current rent roll, is readily available upon request to qualified buyers. A significant advantage for potential investors is the seller's willingness to consider seller financing options, making this a particularly attractive acquisition opportunity. This prime Clearwater location offers strong potential for rental income and long-term appreciation, making it an ideal addition to any commercial real estate portfolio. Don't miss this chance to own a thriving retail center in a vibrant and growing community.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1955
Construction CONCRETE BLOCKS
Total area 6,424 SF
Lot 0.38 ac (16,596 SF)
APN 14-29-15-47016-003-0150
UPID US18-2940639
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mlords Hairstyle Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$798k
Blend (final) Blend
$760k
Owner & transaction history
Cleveland And Gulf To Bay LLC · 4 yrs held
Cleveland And Gulf To Bay LLC
since 2022
Last sale
$700,000
4 recorded transactions
2022
$700,000
2020
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.1M +1.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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