28540 Us Highway 19 NClearwater, FL 33761MLS Number T3446569

  • Price: $3,430,000
  • 20 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
28540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 3376128540 Us Highway 19 N Clearwater FL 33761
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  • 6,708Square Feet
  • 0.69Acreage
  • 1973Year Built
  • PendingMls Status
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. 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 potential rental income opportunities with the billboard lease expiring in 2024, a "value-add" proposition with future negotiation. 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.
Listed by Alexander Lucke of KELLER WILLIAMS TAMPA PROP.

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Taylormade Properties, Inc.

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Taylormade Properties, Inc.
Office: 813-855-5858
9658 W. Linebaugh Ave.
Tampa, FL 33626

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Location Information

  • Road Frontage["Highway"]

Basic Information

Property

  • Living Area 6708
  • ZoningCP-1

Utilities

  • Cooling Central Air

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed05/16/2023
  • MFR Flood Zone Code X

Basic Information

  • List Price$3,430,000
  • MLS NumberT3446569
  • Mls Status Pending
  • StatusPEN

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Stories1
  • Year Built1973

Property Information

  • Acreage0.69
  • Construction Materials Block, Stucco
  • Lot Size Dimensions 200x150
  • Lot Size Square Feet 30,000
  • MFR Total Acreage 1/2 to less than 1
  • Square Feet6,708

Tax Information

  • Tax Year 2022
  • Taxes$28,729

Location

  • Address28540 Us Highway 19 N
  • AreaClearwater
  • Building Number28540
  • CountyPinellas
  • StateFL
  • StreetUs Highway 19
  • TownClearwater
  • Township 28
  • Zip33761

Legal

  • Listing Agreement Exclusive Right To Sell
  • MFR Contract Status Inspections
  • Parcel Number 19-28-16-00000-310-3000
  • Tax Legal Description S 200FT OF W 150FT OF E 250FT OF NE 1/4OF SE 1/4 OF NE 1/4 OF SW 1/4

Based on information submitted to StellarMLS as of June 5, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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