Clearwater FL Real Estate & Commercial for Sale

Welcome to your next venture or dream home in the highly sought-after Countryside area of Clearwater, Florida! This exceptional 4-bedroom, 3-bathroom property presents a unique opportunity, whether you're seeking a residence in the esteemed community of Countryside Pines or exploring a lucrative business endeavor as an established Assisted Living Facility (ALF). Situated in the RM-7.5 zoning, this versatile property allows for continued operation as a residential ALF or effortless conversion back to a traditional home. Fully furnished and licensed for 6 beds, this facility has maintained continuous operation for years, reflecting the quality and reliability of this investment. Upon arrival, you'll be drawn in by the charming curb appeal, inviting you to explore further. Inside, the spacious floor plan offers ample room for both living and entertaining. A formal living room sets the stage for elegant gatherings, while the expansive kitchen seamlessly flows into a dinette and family room, perfect for everyday living. French doors open to a sizable Florida room overlooking the fenced backyard, providing a serene retreat for relaxation. This property is zoned for top-tier schools, including the highly acclaimed Leila Davis Elementary, as well as Safety Harbor Middle, and Countryside High School. With no flood insurance required and situated in a non-evacuation zone, you can enjoy peace of mind in one of Pinellas County's highest areas. Conveniently located just minutes from Countryside Community Park, residents have access to a plethora of recreational amenities, including tennis courts, basketball courts, baseball fields, and more. Additionally, the proximity to Countryside Youth Soccer Complex, Westfield Mall, restaurants, and theaters ensures endless entertainment options within reach. For beach enthusiasts, the nearby Dunedin Causeway provides access to Honeymoon Island and Caladesi State Park, boasting stunning beaches and natural beauty. And for those seeking a taste of local charm, Downtown Palm Harbor, Downtown Dunedin, and Downtown Safety Harbor offer boutique stores and restaurants, each with its own distinctive southern flair. Sports enthusiasts will appreciate the proximity to Toronto Blue Jays spring training and triple AAA baseball facilities, as well as the presence of the Philadelphia Phillies and New York Yankees facilities just a short drive away. Don't miss out on this exceptional opportunity to embrace the best of Clearwater living, whether as a homeowner or entrepreneur. Schedule your showing today and unlock the potential of this remarkable property!

We are proud to present for sale to qualified investors, the opportunity to purchase a fee simple interest in 28540 US Hwy 19 N, Clearwater, FL 33761 (the "Property") and accompanying billboard ground lease. The Property is 100% tenant occupied, home to INSA Cannabis Dispensary and Fundora My Dentist, both on long-term NNN leases. This passive investment has 3% annual escalations and options to extend. Additional rental income included with the billboard ground lease. Per property appraiser records, in 2022 the property underwent over $1,100,000 estimated value of interior capital improvements representing an intense financial commitment by both tenants, $850,000 and $292,152 respectively. The Property is front and center on US Hwy 19 (95,000 "AADT") with over 200 feet of direct frontage, A+ visibility, and signage. Please review the Offering Memorandum for additional information.