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2381 Gulf to Bay Blvd

Clearwater, FL
Total Size
8,772 sqft
Zoning
Year Constructed
0
Year Renovated
0
Building Class

About 2381 Gulf to Bay Blvd

This 4.456 acre property is located directly on busy Gulf-to-Bay Blvd - just west of U.S. 19 and east of Belcher Road. It consists of two adjacent parcels, one which is within the county and and one which is within the city of CW. The southerly county parcel (see maps) is 2.40 acres and the northerly parcel is 2.04 acres. The existing mobile home park is operating and cash flowing, although loosely managed. It currently has 30% vacancy and with that an NOI of $106,371. With a reasonably expected 15% vacancy the NOI would be $165,058. Zoning info, parcel maps, aerial maps, Inc and Exp's and more is part of the attachments herein. The development play here is the upside, especially at this price. The existing cash flow can assist during planning and design period.

Internet Providers for 2381 Gulf to Bay Blvd

Provider Technology Max Download Speed Max Upload Speed
Wow! Internet, Phone, and Cable Cable
10 Mb/s
768 kbps
MegaPath Copper Wireline
6 Mb/s
6 Mb/s

The Market: Tampa Bay

The typical asking rate per listing is in the $20's per square foot per year. The Tampa Bay submarket is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Tampa Bay market, the Tampa Bay region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
$24
/sqft/yr
2,610
sqft

Median Rate over Time in Tampa Bay