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1001 S Myrtle Ave

Clearwater, FL
Floors
1
Total Size
10,779 sqft
Parking Ratio
3.8 (per 1000 SF)
Zoning
O-CITY OF CLEARWATER
Year Constructed
1982
Year Renovated
0
Building Class
Class C

About 1001 S Myrtle Ave

Multi-Tenant Office Investment Opportunity close to Morton Plant Hospital & Downtown Clearwater. 10 suites ranging from 625 SF to 2,200 SF. Great Signage, Mature Oak Trees and Street prominence. Needs some work but has great potential. Separate utility meters. Verizon DSL and T1 lines, Bright House DSL and ADT security. 60% of the AC units have been replaced. Back up generator for 40% of the property. Parking for 38. Gross Rent potential ($118,569 @ $11/SF) in this market with improvements to the property. 1 Suite leased to Graphics Company, all others will be vacant on June 6th. Assessed value $615,000. Great opportunity to turn the property around and earn double digit returns. Seller Motivated!! Bring me an Offer. - Number of buildings: 2 - Class of space: Class C - Tenancy: Multiple Tenants

Internet Providers for 1001 S Myrtle Ave

Provider Technology Max Download Speed Max Upload Speed
Bright House Networks Cable
100 Mb/s
25 Mb/s
Verizon Online DSL
10 Mb/s
1.5 Mb/s
Wow! Internet, Phone, and Cable Cable
10 Mb/s
768 kbps
MegaPath DSL
10 Mb/s
1.5 Mb/s

The City: Clearwater

On average, listings lease in the $20's per square foot per year. The Clearwater region is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Median Rate Median Size
Clearwater $20
/sqft/yr
1,890
sqft

Median Rate over Time in Clearwater