Pinellas County · Clearwater
Sell Your Commercial Property In Clearwater, FL
We are an active buyer of Clearwater commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Countryside · Island Estates · Dunedin · Safety Harbor — Pinellas County, FL
Market Snapshot
Renter Demand In Clearwater
Clearwater is a Gulf-coast city in Pinellas County with 117,247 residents, per ACS 2020-2024. Renters hold 41.4% of Clearwater homes, 10.9 points above the Pinellas County share. Buildings of five or more units contain 42.9% of local housing, and 55.9% of homes predate 1980. Median gross rent is $1,658 a month, and rental vacancy is 8.0%. Owners who want to sell commercial property in Clearwater, FL can use this page for 2025 millage, HUD FY2027 rents and Florida landlord rules.
Morton Plant Hospital
BayCare's Morton Plant Hospital opened in Clearwater in 1916 and now operates as a 687-bed facility.Gulf beach tourism
Visit St. Pete/Clearwater reports nearly 15 million overnight visitors and over $10 billion in economic impact for 2025.Downtown Development Board district
Downtown Clearwater parcels pay an added 0.9700-mill Downtown Development Board levy for tax year 2025.Our Buy Box
What We Buy In Clearwater
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Clearwater Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Clearwater
Renter households make up 41.4% of Clearwater's occupied homes, a count of 20,711, per ACS 2020-2024 tenure figures for Clearwater. Across Pinellas County the renter share is 30.5%. Apartment-scale buildings of five or more units contain 42.9% of Clearwater housing, per ACS 2020-2024 units-in-structure data.
Older stock dominates: 55.9% of Clearwater homes were built before 1980, with a median build year of 1978, per ACS 2020-2024 year-built data.
Rents and affordability
Clearwater's median gross rent is $1,658 a month, per ACS 2020-2024 median rent data. That runs $16 above Pinellas County and $11 under the statewide Florida median. Some 59.3% of Clearwater renters pay 30% or more of income for housing, per ACS 2020-2024 rent-burden data.
HUD's FY2027 two-bedroom fair market rent of $1,917 sits $259 above that local median. Buyers underwrite that spread when owners sell commercial real estate in Clearwater, FL.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,597 |
| One bedroom | $1,648 |
| Two bedroom | $1,917 |
| Three bedroom | $2,448 |
| Four bedroom | $2,977 |
Rents apply to the Tampa-St. Petersburg-Clearwater, FL MSA, per HUD fair market rent documentation.
Property taxes in Pinellas County
Clearwater tax district CW carries 19.3522 mills for 2025, per the Pinellas County Tax Collector 2025 millage schedule. On a $2,000,000 taxable value, that is $38,704.40 a year. The City of Clearwater levies 5.8850 mills, Pinellas County 4.6136, schools 6.2930 and special districts 2.5606.
Parcels inside the Downtown Development Board district add 0.9700 mills, or $1,940.00 on the same value. When you sell commercial property in Clearwater, FL, Florida Statutes s. 193.1555 resets the assessment to just value on the following January 1.
Landlord rules in Florida
Clearwater tenants behind on rent get 3 days, not counting weekends or legal holidays, under Florida Statutes s. 83.56. Curable lease violations carry a 7-day notice. Deposits go back within 15 days, or a written claim goes out within 30 days, under s. 83.49.
Local rent caps are off the table, because s. 166.043(2) bars local measures that would impose rent controls.
What it means for an owner
Clearwater counts 26,232 homes in buildings of five or more units, and 11,107 of them sit in buildings of 50 or more. Owners who sell commercial property in Clearwater, FL get stronger offers with a clean rent roll and the 2025 tax bill in hand. Florida deed stamps of 70 cents per $100 come to $14,000 on a $2,000,000 sale under s. 201.02.
Test your numbers with the Skyline cap rate calculator. If you plan to sell your apartment building in Clearwater, read how Skyline Capital Investments buys 5+ unit buildings.
Local Knowledge
Pricing Your Building In Clearwater
More about selling in Florida →Investing in Clearwater? See apartment syndications in Clearwater →
- Median household income in Clearwater is $66,381, below the Pinellas County median of $72,646.
- About 31.1% of Clearwater renters spend half or more of income on rent, per ACS 2020-2024.
- To sell commercial real estate in Clearwater, FL, budget Florida deed stamps of 70 cents per $100.
Seller Guides
Your Situation, Handled — Clearwater
Learn More
Taxes & Rules For Clearwater Property
The Florida rules that shape any deal in Clearwater: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Clearwater Seller FAQ
What does it cost to sell commercial property in Clearwater, FL?
Florida deed stamps run 70 cents per $100 under section 201.02, or $14,000 on a $2,000,000 sale. Section 193.1555 then resets the buyer's assessment to just value the next January 1, so buyers model a higher Clearwater tax bill.
Is renter demand strong enough to sell commercial real estate in Clearwater, FL?
Renters hold 41.4% of Clearwater homes, against 30.5% across Pinellas County, per ACS 2020-2024. Rental vacancy is 8.0%, per the ACS DP04 profile. Morton Plant Hospital's 687 beds and nearly 15 million area visitors in 2025 support local jobs.
What is the property tax rate on apartments in Clearwater?
Clearwater tax district CW carries 19.3522 mills for 2025, per the Pinellas County Tax Collector. A $2,000,000 taxable value owes $38,704.40 a year. Downtown Development Board parcels add 0.9700 mills, for a total of $40,644.40.
How do HUD fair market rents compare with Clearwater rents?
HUD's FY2027 two-bedroom fair market rent for the Tampa-St. Petersburg-Clearwater area is $1,917. That is $259 above Clearwater's $1,658 median gross rent from ACS 2020-2024, a gap buyers study when you sell multifamily property in Clearwater.
Can Clearwater limit rent increases on my building?
No. Florida Statutes 166.043(2) bars local governments from adopting rent control measures. Owners selling commercial property in Clearwater follow Chapter 83 instead, including the 3-day nonpayment notice, the 7-day cure notice and the 15-day deposit return.
Do I need to fix up my Clearwater building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Do you work with Clearwater brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Clearwater, and we keep every conversation confidential.
Can I sell rental property in Clearwater with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Clearwater?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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Get An Offer Review In Clearwater
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