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Investment Highlights

  • Prime corner location with exceptional visibility.
  • Steps from Morton Plant Hospital and medical corridor.
  • Adjacent to a redeveloped Publix Super Market site, adding a grocery component and increasing daily traffic to the immediate trade area.
  • Abundant on-site parking for staff and visitors.
  • Positioned near Clearwater Plaza, a vibrant retail hub anchored by Bealls, Dollar Tree, Citi Trends, Great Rooms, and Rainbow Apparel.

Executive Summary

Positioned in the heart of Clearwater’s vibrant downtown corridor, 1201 S Myrtle Avenue offers a rare opportunity to acquire a high-profile commercial property in one of Florida’s most dynamic growth markets. This prime corner lot commands exceptional visibility along a major thoroughfare, ensuring strong exposure for any business or redevelopment concept. The site benefits from abundant on-site parking, a critical advantage for medical, professional, or retail users seeking convenience for clients and staff.
Strategically located just steps from Morton Plant Hospital, the property sits within a thriving healthcare ecosystem anchored by numerous medical offices, specialty clinics, and wellness providers. This concentration of healthcare services creates a built-in referral network and steady traffic flow, making the asset ideal for medical practices, urgent care, or related uses. Beyond healthcare, the surrounding area features a mix of professional offices, retail establishments, and residential neighborhoods, supporting a diverse customer base.
Clearwater’s central location offers seamless connectivity to US-19, Gulf-to-Bay Boulevard, and the region’s major employment centers. The property is minutes from world-renowned Clearwater Beach, drawing consistent visitor traffic and reinforcing the area’s economic vitality. With strong demographics, high household incomes, and continued population growth, this site represents a compelling investment for owner-users or developers seeking long-term value in a supply-constrained market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,757 SF
Building Class
B
Year Built
1963
Price
$1,375,000
Price Per SF
$365.98
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,757 SF
Building FAR
0.25
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
O - Office
Parking
20 Spaces (5.32 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,757 SF
  • Office
  • Full Build-Out
  • Now

Located in the core of Clearwater’s active downtown corridor, 1201 S Myrtle Avenue offers an outstanding opportunity for businesses looking to establish a presence in a well-connected, high-visibility environment. Positioned on a prominent corner along a major thoroughfare, the property ensures significant exposure and convenient accessibility for clients and staff. Ample on-site parking further enhances its appeal for medical, professional, or retail users.

Space Size Space Use Build-Out Available
1st Floor 3,757 SF Office Full Build-Out Now

1st Floor

Size
3,757 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 3,757 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Located in the core of Clearwater’s active downtown corridor, 1201 S Myrtle Avenue offers an outstanding opportunity for businesses looking to establish a presence in a well-connected, high-visibility environment. Positioned on a prominent corner along a major thoroughfare, the property ensures significant exposure and convenient accessibility for clients and staff. Ample on-site parking further enhances its appeal for medical, professional, or retail users.

Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
21-29-15-58068-003-0090
Land Assessment
$343,502
Improvements Assessment
$776,498
Total Assessment
$1,120,000
  • Listing ID: 38624943

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 1201 S Myrtle Ave, Clearwater, FL 33756

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