609 Indian Rocks Rd

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609 Indian Rocks Rd

Belleair, FL 33756
Asking Price
$2.45M
Asset Type
Retail
Class
Class B

What's Special

Located at 609 Indian Rocks Road in Belleair, Florida, this retail property sits within a well-established professional and residential corridor. The neighborhood is characterized by a mix of boutique offices, local service providers, and upscale residential communities. The site offers proximity to the Belleair Country Club and the Morton Plant Hospital medical district. Access is provided via Indian Rocks Road, a primary local north-south thoroughfare that connects the mainland to the nearby Gulf beaches and the Greater Clearwater area. The property is suited for boutique retail, specialized showrooms, or personal service establishments such as salons and fitness studios. Given the surrounding demographic, the location aligns with businesses seeking a presence in a high-income enclave. Typical tenants include local independent retailers, health and wellness practitioners, or professional suites that benefit from visibility to local commuters. The layout and zoning support a variety of commercial uses requiring easy accessibility for a community-based clientele.

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NOI
$80,000
Cap Rate
3.27%
DSCR
0.55
Underwater
Cash-on-Cash
-8.91%
Monthly Payment
$12,121.263
Annual Cash Flow
$-65,455.159

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