1610 N MYRTLE AVE

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1610 N MYRTLE AVE

CLEARWATER, FL 33755-2549
Asking Price
$1.20M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Standalone traditional office building measuring 7,599 square feet
  • Offered for sale at a price of $1,200,000
  • Situated on a parcel exceeding one-half acre
  • Includes on-site parking for approximately 25 vehicles
  • Located within the established Clearwater commercial submarket

What's Special

Priced at $1,200,000, this 7,599-square-foot traditional office building sits on over a half-acre lot at 1610 N Myrtle Ave in Clearwater, Florida. The standalone asset features approximately 25 parking spaces, providing functional capacity for professional staff and visitors. Its location in the Tampa Bay area places it within a growing regional economy known for diverse business sectors and robust connectivity. The layout is well-suited for businesses seeking a private corporate headquarters, legal or medical administration, or other traditional professional services requiring a dedicated facility. The property benefits from the density and accessibility of the Clearwater submarket, which serves as a central hub for commerce and service industries within Pinellas County. Whether used by an owner-occupier looking to establish a permanent physical presence or an investor seeking a value-add opportunity, the site offers a scalable footprint in a well-trafficked corridor of the metro area.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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