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Property profile & analytics
OFF-MARKET Estimated value $505,000
Specialty properties

219 Betty Ln Clearwater, FL 33756-5859

2,705 SF 0.34 ac lot Built 1960
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-3212230
Property summary
AI-generated overview

This exceptional 2,777-square-foot commercial building presents a unique investment opportunity in Clearwater's thriving Downtown Gateway District. Situated on a 0.34-acre corner lot at the intersection of Franklin and Betty Lane, this mixed-use property boasts ample parking for over 25 vehicles and offers remarkable versatility. The building features his-and-her restrooms (with 3-4 stalls each), a waiting room/foyer, a private office, and a kitchen facility—making it ideal for various uses. Currently zoned for moderate-intensity residential and mixed-use, it's perfectly suited for medical offices, event spaces (weddings, etc.), restaurants, or even redevelopment into residential units (condos or townhouses). Its prime location near Gulf-to-Bay Boulevard and Court Street ensures excellent visibility and accessibility, with proximity to major employment hubs and transit options. The property benefits from its location outside of any flood zone, adding to its desirability. Furthermore, its close proximity to both Tampa International Airport (15 miles) and St. Pete-Clearwater Airport (9 miles) enhances its appeal to a wider range of businesses. The surrounding area is experiencing significant growth, with new residential projects and a vibrant cultural scene, including diverse dining options and regular events. The property also offers approximately 423 feet of potential fencing. This turnkey property offers significant potential for immediate income generation and long-term appreciation in a rapidly developing, walkable community. All specifications and zoning requirements should be verified by the buyer.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1960
Construction CONCRETE BLOCKS
Total area 2,705 SF
Lot 0.34 ac (14,749 SF)
APN 15-29-15-38574-006-0120
UPID US18-3212230
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
  • Andrea Corwin Photography Photography Service (Bike/Boat/Book/etc) Store
  • Disabled American Veterans Advocacy Group Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k
Owner & transaction history
Betty Ln LLC · 4 yrs held
Betty Ln LLC
since 2022
Last sale
$400,000
3 recorded transactions
2022
Price N/A
2022
$400,000
2016
$165,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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