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$4,900,000
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Property Description
Proud to introduce an exceptional investment opportunity that you won't want to miss. Recently renovated, three-story office building at 3118 Gulf to Bay Boulevard, Clearwater, Florida. This attractive building boasts 23,562 square feet of office space, sitting proudly on .8 acres of prime real estate. Following an extensive renovation in 2022, the building now showcases a host of modern features and amenities. These include a stunning marble lobby, convenient passenger elevators, a range of flexible executive suites from 100 to 939 square feet, contemporary interior office finishes, 24-hour security access, and prominent monument signage. With a current occupancy rate of 96%, the tenant mix is both diverse and reliable, promising a low-maintenance, income-producing investment. The building's central location in Clearwater, a picturesque coastal city within the Tampa Bay MSA, ensures it benefits from exposure to over 50,000 passing vehicles daily. As part of the 18th largest metro area in the country, Clearwater houses over 3.1 million residents. The local Bayside submarket has demonstrated strong performance across the office segment, with rents increasing 3.8% year-over-year. Furthermore, tightening vacancies due to zero new inventory in the market over the last year underlines the robust demand. An investment in Clearwater reaps the benefits of a best-in-class demographic profile. Within a five-mile radius of the property, there is a growing population of over 187,903 residents with 92% high school graduates and 65% pursuing higher education, resulting in a higher than average household income and impressive consumer spending of over $2.3 billion across 2022. The combination of modern renovations, high occupancy, and a central location in the burgeoning Tampa Bay metro area makes 3118 Gulf To Bay Boulevard an ideal investment opportunity. Motivated Seller will respond to all offers the same day so hurry! Call, view, make offer and get response today!
Full Property Details
Full Property Details for 3118 Gulf to Bay Blvd
General
- Sold For: $4,900,000
- Taxes: $26,684 (2022)
- Status: Closed
- Type: Office
- Source: MidFloridaRegionalMLS
- MLS ID: T3462799
- Added to Site: 914 day(s) ago
Location
- Area: 33759 - Clearwater
- County: Pinellas
- Development Name: 33759 - Clearwater
- Driving Directions: From S McMullen Booth Rd, head East on Gulf to Bay Blvd, property is on left hand side before gas station
Community
- Community Name: 33759 - Clearwater
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 23,562
- Sq. Ft. Source: Public Records
- Living Area: 23,562 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.8
- Lot Size (Sq. Ft.): 34,669
- Frontage: Main Throrughfare
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $26,684.47
- Tax Year: 2022
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: THAT PART GOVT LOT 2 IN SEC 16-29-16 DESC AS E 228FT OF S 221FT OF W 408FT OS SE 1/4 OF NW 1/4 OF SD SEC LESS RD R/W
- Flood Zone Info: AE
- Disclosures/Reports: Lead Paint
- APN: 16-29-16-00000-240-0600
- Property ID: 16-29-16-00000-240-0600
Listed by Feel Great Real Estate
Sold by Realty One Group Advantage
Get Pre-Approved Today
Schools
Schools serving 3118 Gulf to Bay Blvd
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Safety Harbor Elementary School 535 5th Avenue North, Safety Harbor, FL 34695 | PK-5 | 2.5 mi |
Countryside High School 3000 State Road 580, Clearwater, FL 33761 | 9-12 | 4.3 mi |
Safety Harbor Middle School 901 1st Avenue North, Safety Harbor, FL 34695 | 6-8 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3118 Gulf to Bay Blvd
Date
Details
Price
Change
Source
11/01/2023
Sold
$4,900,000
-8.89%
MLS
8/01/2023
Price Increased
$5,378,000
9.76%
MLS
7/31/2023
Listed
$4,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3118 Gulf To Bay Boulevard, Clearwater, FL 33759 (MLS# T3462799) is a Office property that was sold at $4,900,000 on November 01, 2023. Want to learn more about 3118 Gulf To Bay Boulevard? Do you have questions about finding other Office real estate for sale in Clearwater? You can browse all Clearwater real estate or contact a Coldwell Banker agent to request more information.

