Commercial Sale · Business
2700 STATE ROAD 590, CLEARWATER, FL, 33759
Active286 days on marketListed Oct 23, 2025MLS #TB8441165
About this property
The property at a glance
Discover an exceptional opportunity to own or operate a group home in one of Clearwater’s most desirable residential areas. This spacious 5-bedroom, 3-bathroom home is situated on a large, beautifully landscaped lot in a quiet, established neighborhood—ideal for senior or group home living. The property features a thoughtful floor plan perfectly suited for an assisted living setup, including wide hallways, open common areas, and a balance of private and semi-private bedrooms. The home has been well maintained and offers flexibility for licensing and customization to meet This property is perfect for investors or operators seeking a turn-key location for an existing or new group home, or residential care business. Clearwater’s strong demand for adult living and rehabilitation housing makes this an ideal long-term investment.
2,734
Building sq ft
$256
Price / sq ft
0.22
Lot acres
1989
Year built
1
Building
R-3
Zoning
Business
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$3,913/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
17,647
Population
$63,804
Median income
45.5
Median age
2.23
Avg household
$295,000
Median home value
$1,771/mo
Median rent
1,632
Households w/ kids
Recent sales
What actually sold near 2700 STATE ROAD 590
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$42,960
2500 SUNSET POINT ROAD
1,953 sqft · $22/sqft · Sold Sep 1, 2025
$180,000
3023 EASTLAND BOULEVARD UNIT 108
839 sqft · $215/sqft · Sold May 12, 2025
$24,000
228 MAIN STREET
540 sqft · $44/sqft · Sold Jun 29, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 2700 STATE ROAD 590 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 2700 STATE ROAD 590.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of CENTURY 21 BEGGINS · Blake Gore. MLS #TB8441165.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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