Financial
Distress signals
Property profile

4625 E Bay Dr Clearwater, FL 33764

FOR LEASE
Office buildings
Property ID
US18-5274805
13,402 SF 6.06 ac lot Built 1984
Last sale Mar 1994 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 30-yr Hold Held for 30 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Newport Square, located at 4625 E Bay Dr in Clearwater, Florida (zip code 33764), offers a prime opportunity for businesses seeking traditional office space. This well-established, meticulously maintained office complex comprises three buildings, boasting over 62,000 square feet of professional office space. Currently, a single suite of 1,190 square feet is available for lease. The complex benefits from excellent visibility and accessibility, a significant advantage for attracting clients and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$78k
Tax billed · 2023
Assessed value$4.40M
Effective rate1.77%

Value estimate

· Sep 2026
$3.70M
$3.33M – $4.06M
Sales comparison$3.70M
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$3k
Operating expenses−$8k
NOI · 124,135.14% cap applied$23k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$188/SF
Submarket average, outlier-cleaned · 302 recorded sales of this use type
Observed band · Q1–Q3$124 – $276
Qualifying comparables10

Cap rate analysis

How does the asset earn?
124,135.14%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.7
Law Firm11.6
Bakery10.4

Location

4625 E Bay Dr Clearwater, FL 33764
County assessor Recorded deeds · not on file 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19919 Us Hwy 19th N, Clearwater, FL 33764-5013 $3,489,200 Apr 2024 7,188 SF
13845 Us Hwy 19th N, Clearwater, FL 33764-7235 $2,500,000 Apr 2024 5,280 SF
19995 Us Hwy 19th N, Clearwater, FL 33764-5013 $2,000,000 Feb 2024 8,335 SF
2561 Nursery, Clearwater, FL 33764-1783 $700,000 Aug 2023 5,336 SF
628 Byp, Clearwater, FL 33764-5024 $334,900 Feb 2022 6,263 SF
601 Belcher, Clearwater, FL 33764-6301 $1,100,000 Dec 2019 6,978 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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