$850,000
$950,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
1211 COURT ST Clearwater, FL 33756
7,887 SqFt
Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,887 sqft
Price per Sqft $107
Subdivision Hibiscus Gardens
MLS Listing ID U8100003
Sold Date 07/09/21
Construction Status Inspections
HOA Y/N No
Year Built 1959
Annual Tax Amount $4,940
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60x100
Property Description
Office and Retail Center for sale on busy Court Street with a pro forma cap rate of 7%. Great opportunity for owner/user to purchase and occupy the vacant space while leveraging the retail income. More than four years left on retail leases. Currently vacant 3,200 sq ft in office space. 3/1000 parking throughout the complex. Great exposure for any business that wants signage and frontage on 30,000 cars per day thoroughfare. Leases provided with signed NDA. Please note 1211 Court and 1203 Court are being sold together to honor the cross parking arrangement with the existing retail tenants.
Location
State FL
County Pinellas
Community Hibiscus Gardens
Interior
Heating Central
Cooling Central Air
Exterior
Utilities Available BB/HS Internet Capable, Water Connected
Waterfront false
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Structure Type Concrete,Stucco
New Construction false
Construction Status Inspections
Others
Ownership Partnership
Special Listing Condition None
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Bought with COASTAL PROPERTIES GROUP