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    Property profile & analytics

    701 Cleveland St Clearwater, FL 33755-4107

    • Strip malls
    • 7,558 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $3,250,000
    Last Sale
    May 28, 2024
    $3,250,000
    Location Intelligence
    Property ID
    US18-4129693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bent Bar Gym / Fitness Center
    • AussieFit / Physical Fitness Program

    Property Details for 701 Cleveland St

    Year built
    1942
    Construction
    CONCRETE BLOCKS
    Lot size
    0.38 lot acres
    Property size
    7,558 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    16-29-15-32292-012-0040
    APU
    162915322920120040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,420,000
      6.5%
      $2,970,000
      7%
      $2,990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,870,000
      Geo Method
      $3,755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,255,000
      Retail
      $2,915,000
      Mixed-Use
      $2,845,000
      Hospitality
      $3,195,000
      Educational
      $3,540,000
      Residential Income
      $2,840,000
      Energy
      $2,770,000
      Income-Based Land
      $3,625,000
      Food Service
      $3,540,000

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7967
    Latitude
    27.9652
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,399
    $0.00
    $0.00
    $810,000
    -
    $554,485
    $255,515
    $810,000

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      1871 Douglas Ave

      SHOPPING CENTER, STRIP CENTER • 4,000 SF
      1871 Douglas Ave, Clearwater, FL 33755-1947
      View Details
    • Value Estimation by Request
      4,761 SF

      1383 Gulf To Bay Blvd

      SHOPPING CENTER, STRIP CENTER • 4,761 SF
      1383 Gulf To Bay Blvd, Clearwater, FL 33755-5310
      View Details
    • Value Estimation by Request
      4,950 SF

      1327 Highland Ave

      SHOPPING CENTER, STRIP CENTER • 4,950 SF
      1327 Highland Ave, Clearwater, FL 33755-3416
      View Details
    • Value Estimation by Request
      4,005 SF

      645 Cleveland St

      SHOPPING CENTER, STRIP CENTER • 4,005 SF
      645 Cleveland St, Clearwater, FL 33755-4104
      View Details
    • Value Estimation by Request
      7,200 SF

      1745 Drew St

      SHOPPING CENTER, STRIP CENTER • 7,200 SF
      1745 Drew St, Clearwater, FL 33755-6200
      View Details
    • Value Estimation
      $1,000,000
      6,052 SF

      1738 Drew St

      SHOPPING CENTER, STRIP CENTER • 6,052 SF
      1738 Drew St, Clearwater, FL 33755-6216
      View Details

    Similar Nearby for Sale

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      High-traffic retail plaza, 17 units, strong NOI
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    Similar Nearby for Lease

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      Retail Space For Rent

      Retail space available for lease in Clearwater, Florida.
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      Clearwater Retail/Office Space Available

      Retail or office space for rent in Clearwater, Florida.
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      Downtown Clearwater Retail/Office Space

      Visually appealing building with high visibility and ample parking.
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    • Contact for pricing
      6,901 SF

      Retail Space in Clearwater, FL

      Retail space available for lease in Clearwater, Florida.
      519 Cleveland St, Clearwater, FL 33755
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    • Contact for pricing
      2,191 SF

      Clearwater Office Space Available

      Office space available for rent in Clearwater, Florida.
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      View Details
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    701 Cleveland St
    Clearwater, FL 33755-4107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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