Technical
Financial
Distress signals
Property profile

412 Cleveland St Clearwater, FL 33756

FOR SALE
Strip malls
Property ID
US18-1843442
15,190 SF 0.21 ac lot Built 1920
Entity Owned 1-yr Hold Free & Clear
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For Sale
Contact for pricing 15,190 SF
412 Cleveland St, Clearwater, FL 33756
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Property summary

AI-generated overview

This exceptional 2,100 square foot turnkey bar and restaurant is ideally situated on Cleveland Street in Clearwater, Florida, within a vibrant hub of dining, nightlife, and shopping. The property boasts a stylish interior design and is fully equipped for immediate operation. A fully functional bar with beer taps is complemented by a complete kitchen, ready to handle any culinary needs. The spacious dining area includes comfortable booths, providing ample seating for patrons. Two bathrooms add to the convenience of both staff and customers. The property's location in Pinellas County ensures high visibility and accessibility, placing it at the heart of Clearwater's bustling scene. The restaurant is available fully furnished, offering a seamless transition for new owners. The asking price for the key money is available upon request. This presents a rare opportunity to acquire a thriving, established business in a prime Clearwater location. The property is a single-tenant space, offering simplicity and control for the new owner. This is a truly remarkable opportunity for an experienced restaurateur seeking a well-established and profitable business.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1920
Construction CONCRETE BLOCKS
Total area 15,190 SF
Lot 0.21 ac (8,982 SF)
APN 16-29-15-23814-000-0030
UPID US18-1843442

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

412 Cleveland St Clearwater, FL 33756
Clearwater metro Census 25902 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.43M
Blend (final) Blend
$1.61M

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2003
$1.6M
1994
$750,000

Zoning & alternative use

Top alternative use upside
Retail stores $3.2M +18.1%
Warehouse, storage $3.1M +15.7%
Apartment house (5+ units) $3.1M +14.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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