Commercial Sale · Warehouse
1603 SUNSHINE DRIVE, CLEARWATER, FL, 33765
Active23 days on marketListed Jul 1, 2026MLS #TB8525230
About this property
The property at a glance
20,000 SF Warehouse/Flex Building - 100 percent leased - Located on a corner lot just East of Clearwater Airpark Airport (CLW) between Belcher Rd & Hercules Ave - Multi-tenant warehouse/flex building divided into 4 equally sized 5,000 SF units each and 100% sprinklered - Functional specifications include 12’ x 10’ overhead doors and 200 amp electrical power / each unit - 100 percent Leased with one tenant (Pro Housing) vacating 11/30/26 offering opportunity for an owner - occupant - Built in 1972 and has been comprehensively remodeled with a new roof, AC units, Front Awnings, Asphalt and more - Zoned E-1 (Pinellas County) for a broad range of light industrial, flex, and office uses - 30 Parking Spaces - Parcel ID: 01-29-15-16488-000-0157 - RE Taxes (2025): $22,137.00 - Sale Price: 3,600,000.00
20,000
Building sq ft
$180
Price / sq ft
1
Lot acres
1972
Year built
1
Building
E-1
Zoning
Warehouse
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
$18,269/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 Dan 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 1603 SUNSHINE DRIVE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,950,000
700 MAGNOLIA DRIVE
20,038 sqft · $147/sqft · Sold Feb 13, 2026
$156,000
1555 SUNSHINE DRIVE
25,271 sqft · $6/sqft · Sold Jun 29, 2026
$1,725,000
1453 S MARTIN LUTHER KING JR AVENUE
10,960 sqft · $157/sqft · Sold Mar 20, 2025
Your team
The pros in your corner
Your agent
Dan Schriver
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 1603 SUNSHINE DRIVE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1603 SUNSHINE DRIVE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Dan's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of ROSS MARKETING GROUP LLC · Elliott Ross. MLS #TB8525230.
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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