Unparalleled investment opportunity in Clearwater, Florida – a strategically positioned 12 unit office building priced aggressively. This hidden gem presents investors with substantial upside potential, coupled with a proforma double-digit capitalization rate. Nestled in the heart of Clearwater minutes from the beach, this property not only offers a prime location but also promises a lucrative return on investment. Seize the chance to capitalize on the thriving real estate market in this sought-after coastal destination, where the fusion of a competitive purchase price and significant growth prospects converges, making it an ideal venture for savvy investors seeking a strategic and lucrative addition to their portfolio. Downtown Clearwater is home to an exciting project called Imagine Clearwater, where the city is investing $84 million in the downtown waterfront, the celebration to this project will begin on June 28th with an entire week of events ending with the fireworks of the 4th of July as the grand finale! "The park is designed to connect the waterfront with downtown and will include a gateway plaza and bluff walk, 19 acres of park space, a pedestrian promenade along the Intracoastal Waterway, and a playground with splash pad. A focal point will be the 4,000-seat covered amphitheater with lawn space for 5,000 people. Ruth Eckerd Hall, which will operate the facility, last week unveiled the name of the venue will be The Sound." - Tampa Bay Times