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400 Indian Rocks Rd N 8,790 SF 100% Leased Retail Building Belleair Bluffs, FL 33770 $2,900,000 ($329.92/SF) 6.31% Cap Rate
Investment Highlights
- Features 4 commercial suites and 3 residential units, providing diversified income in a sought-after Pinellas County submarket
- Recently updated, architecturally distinctive building with modern improvements enhancing long-term value.
- Offers 30 parking spaces, multiple suites, and flexible office/retail configurations across two levels
- Prominent exposure with a large, lighted pylon sign and strong area demographics.
- Strategically positioned near major retail and dining destinations, servicing both Belleair Bluffs and nearby beach communities.
- Located in one of the area’s most stable and desirable investment zones with long-term appreciation potential. [loopnet.com]
Executive Summary
Turnkey Investment Opportunity in Belleair Bluffs! Check out this fully occupied, mixed-use gem at 400 Indian Rocks Rd N! With 4 commercial spaces and 3 residential units, this corner-lot property delivers strong cash flow in one of Pinellas County’s most sought-after areas. Featuring attractive brick curb appeal, a lighted pylon sign, and surrounded by affluent demographics — it’s the kind of property investors dream about.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,790 SF
Building Class
B
Year Built
1984
Price
$2,900,000
Price Per SF
$329.92
Cap Rate
6.31%
NOI
$182,990
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.53
Lot Size
0.38 AC
Zoning
CG - CG - Retail / Office / Possible Restaurant
Parking
30 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
118’ on Indian Rocks Rd
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
Walk Score®
Very Walkable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-29-15-95850-002-0012 | Improvements Assessment | $1,102,301 |
| Land Assessment | $447,699 | Total Assessment | $1,550,000 |
Property Taxes
Parcel Number
32-29-15-95850-002-0012
Land Assessment
$447,699
Improvements Assessment
$1,102,301
Total Assessment
$1,550,000
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400 Indian Rocks Rd N
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