1101 S Myrtle — Sale in Clearwater, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Clearwater, FL 33756

Description

FOR SALE OR LEASE: Two Prime Office Buildings in Downtown Clearwater Located in the vibrant heart of Downtown Clearwater, the properties at 1101 & 1107 S Myrtle Ave boast a prime location with outstanding visibility and accessibility. This lively corridor is enveloped by a blend of residential areas, professional services, and community amenities, making it an excellent choice for businesses that value convenience and exposure. Explore this delightful 1,110 sq ft professional office building situated in the core of Downtown Clearwater. Constructed in 1945 and meticulously maintained, this property features a welcoming layout that is perfect for small businesses, legal practices, or consulting firms. Set on a 0.15-acre lot, it provides ample parking, easy street access, and is conveniently located near major transit routes. Next to 1101, you will find a larger 3,738 sq ft office building on a 0.30-acre lot, offering versatile space suitable for expanding teams or multi-tenant use. Also built in 1945, this property harmoniously combines classic architecture with modern functionality. With several private offices, open work areas, and conference space, it is ideally suited for medical, legal, or professional service providers.

Market Context

This office in Clearwater, FL is listed for sale. It has been on the market for 196 days. Compare it against other office listings for sale in Clearwater, FL — view the full market.

As of Q1 2026, the Tampa office market showed an 18.2% vacancy rate, average asking rents near $29.00/SF/yr, rents up 18.7% year over year, and cap rates around 7.4%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Tampa?
About 7.4% as of Q1 2026, per multiple brokerage reports.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$271.77/SF – $367.69/SF

Mid: $319.73/SF

Rate estimator only; cost-of-business estimate unavailable.

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