Investment Highlights
Why 1603 Sunshine Drive
All four units are fully occupied. The property delivers in-place cash flow from day one, with one unit vacating 11/30/2026 — creating an owner-user opportunity in a stabilized asset.
Zoned E-1 (Pinellas County), supporting a wide range of light industrial, flex, and office uses. One of the most versatile classifications in the Clearwater submarket.
New roof installed 2021, 5–9 HVAC units upgraded over the last 5 years, updated fire pump flow control, new asphalt, and refreshed front awnings. Major CapEx deferred for years.
Corner parcel with direct access between N. Belcher Rd and Hercules Ave. Adjacent to Clearwater Airpark (CLW) and minutes from US-19, Drew St, and Sunset Point Rd.
Four (4) equally-sized 5,000 SF units provide risk diversification across multiple tenants and offer the flexibility to attract owner-users, investors, or owner-occupied buyers.
The property sits approximately 20 feet above sea level, placing it well outside any FEMA flood zone designation. No flood insurance required — a meaningful cost advantage and risk reducer for investors and owner-users alike.
