Commercial Sale · Office
701 N HERCULES AVENUE, CLEARWATER, FL, 33765
Active186 days on marketListed Jan 27, 2026MLS #TB8469638
About this property
The property at a glance
10,400 SF Medical Office Building for Owner-User Purchase – North Clearwater Excellent opportunity for a medical practitioner or small group to own and occupy in a well-established, multi-tenant medical office building. This 5-tenant property currently features several established medical tenants, creating an immediate professional medical environment. One or more suites are currently vacant and ready for immediate occupancy, allowing you to move in and begin practicing with minimal delay. The income from the existing tenants can significantly help offset or fully cover your debt service, providing strong financial support from day one. The building offers staggered lease expirations, giving you both flexibility and excellent upside potential through future rent increases and growing Net Operating Income (NOI). Key Highlights: Prime Location: North Clearwater, directly across from Clearwater Air Park High Visibility: 22,052 cars per day Large Site: Over one acre with abundant parking Low Flood Risk: Located in desirable Flood Zone X Excellent Signage: Prominent stand-alone pylon sign This is a rare chance to own your own medical office building in a proven medical location, benefit from built-in tenant income, and position your practice for long-term success and equity growth.
11,168
Building sq ft
$170
Price / sq ft
1.05
Lot acres
1985
Year built
1
Building
Office
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
$9,967/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
14,364
Population
$61,910
Median income
47.2
Median age
2.31
Avg household
$290,700
Median home value
$1,585/mo
Median rent
1,385
Households w/ kids
Recent sales
What actually sold near 701 N HERCULES AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$10,920
1221 TURNER STREET
10,298 sqft · $1/sqft · Sold Jan 16, 2025
$1,900,000
404 S MARTIN LUTHER KING JR AVENUE
10,240 sqft · $186/sqft · Sold Mar 26, 2026
$1,200,000
301 S MISSOURI AVENUE
9,938 sqft · $121/sqft · Sold Oct 6, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 701 N HERCULES AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 701 N HERCULES AVENUE.
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 ASSET AND KEY · Bradley Meinck, PLL. MLS #TB8469638.
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.
Never miss a listing
New CLEARWATER listings, in your inbox
A daily digest of every new listing in CLEARWATER — straight from the MLS, hours after it goes live. Unsubscribe anytime.