611 Druid Rd E — Sale in Clearwater, FL

  • Price: $1.8M
  • Listing type: For sale
  • Asset type: Office
  • Location: Clearwater, FL 33756
  • Size: 9,600 SF
  • Year built: 1985

Investment Figures

Price per square foot
$185
Price per unit
$177,600 across 10 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

KW Commercial Tampa Properties is proud to present for sale 611 Druid Road East, Units 101–110, Clearwater, FL 33756 (“Property”), a rare opportunity to acquire up to ±9,600 SF of contiguous first-floor office condominium space within Druhill Professional Center. The Property consists of ten individual office condominium units that have been combined into one larger professional office footprint. The current layout includes a mix of private offices, meeting rooms, conference areas, reception/waiting areas, open work areas, storage, restrooms, and support spaces, providing flexibility for a wide range of professional office, medical office, administrative, or owner-user needs. While the Property is available as a full ±9,600 SF package, ownership may consider smaller logical configurations beginning at approximately ±1,925 SF, subject to final ownership approval. Potential configurations may include a two-unit, four-unit, six-unit, or full-building purchase depending on the buyer’s desired square footage, office layout, and intended use. The existing layout allows buyers to evaluate different portions of the building based on their operational needs. Certain areas are more private-office oriented, while others provide more open workflow or cubicle-style functionality. This allows the Property to appeal to users seeking anything from a smaller professional office footprint to a larger headquarters-style office presence. Located in an established professional office setting near Downtown Clearwater, the Property provides a flexible ownership alternative to leasing, with the ability to acquire only the space needed today while preserving the potential for larger configurations if required. Building SF: 9600 | Year Built: 1985 | Listing Type: FOR SALE

Market Context

This office in Clearwater, FL is listed for sale at $1,776,000 across 9,600 SF ($185/SF). The building dates to 1985. It has been on the market for 70 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

Estimated total for 9,600 SF: $3,069,408 per year

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

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