This is an excellent commercial real estate investment opportunity in the popular Belleair Bluffs area. Fully occupied and generating a strong NOI, this attractive brick building boasts beautiful curb appeal and a large, lighted pylon sign for maximum visibility for your business tenants. The high-profile retail and residential mixed-use building is situated on a busy corner lot next to Truist Bank, close to Bonefish Grill, Panera Bread, and other shops and restaurants, ensuring ample foot and drive-by traffic. Residential leases are all month-to-month, providing flexibility for the new owner. There's potential to increase NOI by $100k upon lease expirations.
Seize this prime commercial real estate opportunity today! Rent roll and financials available upon request with NDA.
400 Indian Rocks ROAD N, Belleair Bluffs, FL, 33770
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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