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Gelfand Realty Miami Properties - Commercial

1300 NORTH FT HARRISON, CLEARWATER, FL 33755

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Commercial - ENGHURST 1ST ADD

1300 NORTH FT HARRISON, CLEARWATER, FL 33755

Sold Price$298,000 Asking Price$325,000

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  • Days on market:

    113 day(s)
  • Original Price:

    $325,000
  • Price per sqft:

    $153.88
  • Tax Legal Description:

    ENGHURST 1ST ADD LOTS 41, 42, 43 AND S 2 FT OF LOT 40
  • Tax Year:

    2017
  • Property Type:

    Commercial
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot

Description

$325,000 • living size area 2112 sqft

This 2,000+ sq ft building was completely remodeled a decade ago into a modern décor office and it has lost none of the charm. the foyer opens to two main rooms: to the left, a 28x42 room with exposed metal girders and subdued lighting in modern colors, with a kitchenette and ada-compliant bathroom. to the right, a 15x28 open room with two offices on the far right, a second ada-compliant bathroom and server room/office on the left. the landscaping and exterior décor look fresh and inviting, with ample parking for 25 cars, including a marked ada-compliant spot. zoning is "c" commercial, which permits a wide range of uses: alchoholic beverage sales, animal boarding, auto service stations, bars, brew-pubs, microbreweries, schools, marina facilities, medical, nightclubs, offices, outdoor recreation, overnight lodging, church, research & technology, restaurants, retail, self-storage, community center, veterinary office, vehicle sales. (ref clearwater community development code, section 2-100.) property is currently leased to a web design firm paying $2,862/mo through dec 2019. tenant pays electric and water. 2018 taxes are listed in public records at $3,608, insurance is $987. net monthly cash flow is $2,480, with a cap rate of 9.15%. current tenant is flexible with a new buyer and is willing to extend the lease.

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