Technical
Financial
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Property profile

611 E #707 Clearwater, FL 33756

FOR SALE
Office Units
Property ID
US18-1383373
1,935 SF Built 1983
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Property summary

AI-generated overview

Perfect location! Druhill professional office condos are right in Downtown Clearwater near the Courthouse and Morton Plant. Units 707 708 have been combined to create an optimally sized 1,935 sq/ft space with 5 private offices, a conference room, an additional meeting area, two bathrooms (one includes a shower), a kitchen, a lobby, and an additional generously sized storage room (could be a smaller 6th private office). The park is well maintained and offers ample parking (4 spaces per 1,000 sq/ft). Condo fees of $1,181 include building maintenance, roof, landscaping, sewer, trash, water, management fees and reserves, and even liability and casualty insurance. This is a perfect opportunity for a medical office or professional office like a CPA or lawyer, or any organization's headquarters.

Property profile

Verified
Property type Office Units
Year built 1983
Total area 1,935 SF
UPID US18-1383373

Cap rate & NOI

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

Location

611 E #707 Clearwater, FL 33756
Clearwater metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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