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$500,000
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Property Description
The Subject Property is a free-standing office building (2,059 SF htd., 2,091 SF under roof), on a corner parcel in Downtown Clearwater. This building has most recently been occupied by the Bay Area Foot and Ankle medical practice. The location is very convenient to serve the Clearwater community, with good signage and limited visibility from Court Street, the main E/W route into Downtown Clearwater and Clearwater Beach. Ten paved parking spaces on-site. Building elements are in excellent repair - roof new in 2025, electrical upgrades in 2023, window replacement in 2014. But the interior needs complete renovation/modernizing, which is reflected in the price. Public utilities in place (water, fire, sanitary and storm sewer). Downtown zoning. X flood zone - area of minimal flood risk. Rare opportunity to own a free-standing office building in the Downtown Clearwater market. Ideal for owner/occupant, but could work for a cash-flow investor. Once renovated, a lease at $20 PSF NNN works out to an 8 percent cap rate.
Full Property Details
Full Property Details for 321 S Lincoln Ave
General
- Price: $500,000
- Taxes: $4,742 (2024)
- Status: Active
- Type: Office
- Source: MidFloridaRegionalMLS
- MLS ID: TB8461607
- Updated: 1/6/2026
- Added to Site: 13 day(s) ago
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: 33756 - Clearwater/Belleair
- County: Pinellas
- Development Name: 33756 - Clearwater/Belleair
- Subdivision: HIBISCUS GARDENS
- Driving Directions: From Court Street, north on Lincoln one short block to address on right.
Community
- Community Name: 33756 - Clearwater/Belleair
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 2,059
- Sq. Ft. Source: Public Records
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,296
- Lot Size: 7296
- Lot Dimensions: 60 x 122
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,742.89
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: HIBISCUS GARDENS BLK I, LOT 12
- Flood Zone Info: X
- APN: 152915385740090120
- Property ID: 152915385740090120
- Block/Lot/Section: I
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 321 S Lincoln Ave
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Belleair Elementary School 1156 Lakeview Road, Clearwater, FL 33756 | PK-5 | 0.8 mi |
Oak Grove Middle School 1370 South Belcher Road, Clearwater, FL 33764 | 6-8 | 2.5 mi |
Clearwater High School 540 South Hercules Avenue, Clearwater, FL 33764 | 9-12 | 1.8 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 321 S Lincoln Ave
Date
Details
Price
Change
Source
1/06/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 321 S Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,264
11%
$285,000
6%
2024
$4,743
6%
$270,000
4%
2023
$4,473
21%
$260,000
41%
2021
$3,711
-5%
$185,000
-10%
2022
$3,904
5%
$205,000
24%
2021
$3,711
12%
$165,000
3%
2019
$3,321
6%
$160,000
7%
2018
$3,137
6%
$150,000
3%
2017
$2,960
-1%
$145,000
—
2016
$3,005
-2%
$145,000
—
2015
$3,070
—
$145,000
—
2014
$3,070
2%
$144,400
3%
2013
$3,009
—
$140,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 321 S Lincoln Ave
321 S Lincoln Avenue, Clearwater, FL 33756 (MLS# TB8461607) is a Office property. 321 S Lincoln Avenue is currently listed for $500,000 and was received on January 06, 2026. Want to learn more about 321 S Lincoln Avenue? Do you have questions about finding other Office real estate for sale in Gateway? You can browse all Gateway real estate or contact a Coldwell Banker agent to request more information.

