708 Chestnut St Clearwater, FL 33756
Property Lookup
Property profile & analytics
708 Chestnut St Clearwater, FL 33756
- Retail space
- 8,316 SF
- 0.39 lot acres
Property ID
US18-1396408
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 708 Chestnut St
- Year built
- 1949
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.39 lot acres
- Property size
- 8,316 SF
- Property type
- Retail space
- APN
- 15-29-15-54450-014-0060
- APU
- 152915544500140060
Description
This exceptional mixed-use property, located at 708 Chestnut Street in Downtown Clearwater, Florida (zip code 33756), presents a compelling investment opportunity. Currently under construction and slated for completion by February 2025, this 17,000 square foot building boasts a prime corner location just one mile from Clearwater Beach, situated on two high-traffic streets. The building comprises 14 apartments and 4 storefronts, offering a diverse income stream. The asking price is $7,900,000, translating to a price per square foot of $464.71. This translates to a projected cap rate of 7.00%. Currently vacant, this property offers a unique chance to establish tenancy and maximize rental income upon completion. The building's strategic location in the vibrant Downtown Clearwater area ensures strong potential for both residential and commercial occupancy. Pinellas County's thriving economy and tourism further enhance the investment prospects. This is an exceptional opportunity to acquire a high-yield mixed-use property in a rapidly growing Florida market. The property is situated at 27.96110175742512 latitude and -82.79583919896947 longitude.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $972,000
- AI Estimate
- $972,000
Market price range: $972k - $2.42MMarket price range: $972k - $2.42M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,465,000
- OFFICE BUILDING
- $1,410,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7961
- Latitude
- 27.9612
- 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
$12,595
$0.00
$0.00
$622,100
-
$499,799
$122,301
$622,100
