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28540 US HIGHWAY 19 N

Commercial Recently Sold
$3,175,000

BTC: 49.60937500

ETH: 1,763.88888889

Sold on: 2024-06-28
342 days
0 room(s)
6,708 sqft

Overview

We are proud to present for sale to qualified investors, the opportunity to purchase a fee simple interest in 28540 US Hwy 19 N, Clearwater, FL 33761 (the "Property") and accompanying billboard ground lease. The Property is 100% tenant occupied, home to INSA Cannabis Dispensary and Fundora My Dentist, both on long-term NNN leases. This passive investment has 3% annual escalations and options to extend. Additional rental income included with the billboard ground lease. Per property appraiser records, in 2022 the property underwent over $1,100,000 estimated value of interior capital improvements representing an intense financial commitment by both tenants, $850,000 and $292,152 respectively. The Property is front and center on US Hwy 19 (95,000 "AADT") with over 200 feet of direct frontage, A+ visibility, and signage. Please review the Offering Memorandum for additional information.

Location

Florida • CLEARWATER • 33761 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1973
Lot:
0.69 Acres
Heating:
No Data
Price/sqft:
$479
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$28,729
2022
All facts and features

  • Cooling

    • Central Air

  • Lot

    • Lot: 0.69 Acres

    Other Property Information

    • Parcel Number: 192816000003103000

    • Zoning: CP-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $28,730

  • Source details

    • MLS ID: T3446569

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Living Area: 6708

    • Lot Size Dimensions: 200 x 150

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33761
121
median $240K
Active
Same city
CLEARWATER
1,543
median $379K
Active
Same type
Commercial
57
median $1.2M
Active
Similar price
$2.3M – $4.2M
58
median $2.9M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS TAMPA PROP.