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    Property profile & analytics

    2045 Palmetto St Clearwater, FL 33765-2118

    • Day care centers
    • 19,982 SF
    • 4.63 lot acres
    OFF-MARKET
    Value Estimation
    $11,830,000
    Last Sale
    Jan 08, 2025
    $13,277,100
    Location Intelligence
    Property ID
    US18-3544526
    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.

    Current Use by Public Records

    • Plato Academy Clearwater / Elementary School / Middle School
    • Christopoulos Hall / Event Venue

    Property Details for 2045 Palmetto St

    Year built
    2014
    Construction
    CONCRETE BLOCKS
    Lot size
    4.63 lot acres
    Property size
    19,982 SF
    Property type
    Day care centers
    APN
    12-29-15-70182-400-0700
    APU
    122915701824000700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,205,000
      6.5%
      $14,430,000
      7%
      $12,855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,905,000
      Geo Method
      $14,250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $12,490,000
      Retail
      $14,740,000
      Mixed-Use
      $12,775,000
      Hospitality
      $12,530,000
      Educational
      $10,970,000
      Residential Income
      $14,855,000
      Energy
      $12,560,000
      Income-Based Land
      $12,290,000
      Food Service
      $13,945,000

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.753
    Latitude
    27.9743
    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
    $0.00
    $0.00
    $0.00
    $9,494,320
    -
    $787,100
    $8,707,220
    $9,494,320

    Comparable in this City

    • Value Estimation by Request
      6,496 SF

      1845 Drew St

      DAY CARE, PRE-SCHOOL • 6,496 SF
      1845 Drew St, Clearwater, FL 33765
      View Details
    • Value Estimation by Request
      4,896 SF

      2177 Coachman Rd

      DAY CARE, PRE-SCHOOL • 4,896 SF
      2177 Coachman Rd, Clearwater, FL 33765-2616
      View Details
    • Value Estimation by Request
      11,025 SF

      2525 Drew St

      DAY CARE, PRE-SCHOOL • 11,025 SF
      2525 Drew St, Clearwater, FL 33765-2818
      View Details
    • Value Estimation by Request
      2,634 SF

      1633 Belcher Rd

      DAY CARE, PRE-SCHOOL • 2,634 SF
      1633 Belcher Rd, Clearwater, FL 33765
      View Details
    • Value Estimation by Request
      36,461 SF

      1625 Belcher Rd

      CHARITABLE ORGANIZATION • 36,461 SF
      1625 Belcher Rd, Clearwater, FL 33765-1304
      View Details
    • Value Estimation by Request
      3,326 SF

      1875 Airport Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,326 SF
      1875 Airport Dr, Clearwater, FL 33765-2002
      View Details

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    • $1,100,000
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    Similar Nearby for Lease

    • $17 SF/Yr
      10,990 SF

      Clearwater Institutional Property

      Prime 10,990 SF Daycare/School Complex
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    • Contact for pricing
      267,819 SF

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      Clearwater, FL: Prime Retail Space Available
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    • $10 SF/Yr
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      Freestanding building with versatile floor plan and natural light.
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      1,800 SF

      Retail Space on US 19

      Retail space available in Clearwater's busy shopping destination.
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      Retail Space on Gulf to Bay

      Retail redevelopment opportunity on a major thoroughfare near Clearwater Mall.
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    • $2,950 /Mo
      2,800 SF

      Clearwater Industrial Space Available For Rent

      2,800 SF industrial space in Clearwater, available August 1, 2024.
      2075 Sunnydale Blvd, Clearwater, FL 33765
      View Details
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    Clearwater, FL 33765-2118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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