609 Indian Rocks Rd Belleair, FL 33756
For Sale
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This exceptional 5,243 square foot medical/office building is situated on a desirable 0.44-acre lot in Belleair, Florida. The property boasts a brand-new tile roof and is currently leased to a long-term tenant, providing immediate and consistent income. Its prime location directly across from the Belleair Country Club golf course ensures high visibility and accessibility. The building features a spacious rear parking lot, providing ample parking for both staff and clients, with convenient access to the main entrance. The exceptionally large lot size offers significant potential for future expansion or development. The property is a true NNN lease, meaning the tenant is responsible for most operating expenses, minimizing the owner's ongoing responsibilities. This turnkey investment opportunity presents a rare chance to acquire a well-maintained, high-demand medical office building in a prestigious location. The existing long-term lease provides immediate cash flow, making this an attractive option for investors seeking a stable and profitable addition to their portfolio. The property's size and location make it an ideal investment for those seeking a strong return on investment in a thriving community. The combination of a desirable location, a long-term tenant, and a low-maintenance structure makes this a truly exceptional opportunity. Do not disturb the tenant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.