2085 Gulf to Bay Blvd

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2085 Gulf to Bay Blvd

Clearwater, FL 33764
Asking Price
$18.90M
Asset Type
Office
Class
Class B

What's Special

2085 Gulf to Bay Boulevard is situated on a major east-west commercial corridor in Clearwater, Florida. The surrounding neighborhood is characterized by a mix of retail centers, dining options, and service-oriented businesses. The property offers direct frontage on State Road 60, providing high visibility and convenient access to U.S. Highway 19. Regional connectivity is supported by its proximity to the Bayside Bridge, facilitating commutes to St. Petersburg and the Tampa International Airport. This office asset is suited for professional services, including legal, accounting, or insurance firms seeking centralized access to the Pinellas County market. The layout and location support administrative headquarters or medical office use due to the dense residential population nearby. Typical tenants include local small-to-medium enterprises and satellite offices for regional corporations requiring a high-traffic location with established logistical links.

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NOI
$80,000
Cap Rate
0.42%
DSCR
0.07
Underwater
Cash-on-Cash
-18.38%
Monthly Payment
$93,506.888
Annual Cash Flow
$-1,042,082.654

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