Bellaire Healthcare Portfolio

For Sale

617 Lakeview Rd & 616 E Street, Clearwater, FL 33756

This Clearwater property for sale is located at 617 Lakeview Rd & 616 E Street. The general use of Bellaire Healthcare Portfolio is office and it incorporates 28,010 square feet of class B office space. The current listed sale price for Bellaire Healthcare Portfolio is $180,664,500,000. Bellaire Healthcare Portfolio is situated on a lot that is 2.08 acre in size.

Contacts

broker
Bryan Webb

Acuity Private Capital

Property Details

  • Property Type Office - Medical Office
  • Property Size 28,010 SF
  • Units 4
  • Lot Size 2.08 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985
  • Year Renovated 2013
  • Date Updated May 30, 2025
-Located a half mile from Morton Plant Hospital (599 Staffed Beds) and less than 3 miles from the HCA Florida Largo Hospital (386 Staffed Beds) -Less than 10 miles from ST Pete- Clearwater International Airport. Immediate freeway access to US Route 19 and East State Road 60, bouth major. -Clearwater FL is the 18th largest MSA in the world with a population of 3.17 million people -Florida is a major destination for Tech Companies, bringing jobs and more industry in the area.The Belleair Healthcare Portfolio presents a rare opportunity to acquire two stabilized medical office assets located within Clearwater’s premier healthcare corridor. Totaling 28,010 square foot, the portfolio is approximately 81% occupied by nationally recognized healthcare tenants including Fresenius Kidney Care, BayCare Medical Group, and SCA Health. The offering provides immediate cash flow with durable income streams, contractual rent growth, and an attractive leasing opportunity to further enhance returns. The properties are strategically positioned adjacent to Morton Plant Hospital, a leading regional healthcare institution. The property comprises two adjacent single-story medical office buildings totaling approximately 28,010 square feet of rentable space on a combined 2.08-acre site. Located at 616 E St and 617 Lakeview Rd in Clearwater, Florida, the buildings were constructed in 1984 and 1985, respectively. Positioned within Clearwater’s established medical corridor, the property benefits from proximity to major healthcare institutions, including the 687-bed Morton Plant Hospital. The 616 E St building encompasses approximately 11,555 square feet and is currently leased to BayCare Medical Group and SCA Health’s West Coast Endoscopy Center, an accredited ambulatory surgery center. The 617 Lakeview Rd building spans approximately 16,455 square feet and houses Fresenius Kidney Care, a leading provider of dialysis services, occupying a significant portion of the space.
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Highlights

  • Fresenius (NYSE) - $20.8 Billion in revenue for 2024
  • Has been at this site since 2005.
  • Fresenius has 22+ stations, is open 5 days a week, 9am - 5pm, and offers In-Center Hemodialysis, Peritoneal Dialysis, and Home
  • Hemodialysis training service
  • Certificate of Need State, making a life saving End Stage treatment center very difficult to shut down
  • Florida is an income tax free state, providing a lower cost of living with a growing 65+ senior population, Pinellas County has close to 500 Assisted Living Facility demonstrating the demand
  • BayCare Invested signifiacnt Capital into their buildout in 2022.
  • SCA Endoscopy has recently upgraded the interior of their space.
  • 7.7 Year WALT.

Getting around

  • 55/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Clearwater, FL
  • Neighborhood Bellevue Lake
  • Zip Code 33756
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Shell

    0.83 miles

  • Rebel #835

    0.93 miles

  • Sunoco

    1.39 miles

  • Wawa

    1.43 miles

  • Chevron

    1.47 miles

  • Marathon

    1.51 miles

  • SuperGas

    1.52 miles

  • Speedway

    2.25 miles

  • Mobil

    2.34 miles

  • Clipper Creek

    2.49 miles

  • Attic Team Member Parking (Lot B)

    0.27 miles

  • Corbett Team Member Parking (Lot C)

    0.32 miles

  • Patient/Visitor Parking Garage

    0.34 miles

  • Valet Parking

    0.35 miles

  • PTAK Pavillion Parking Garage

    0.42 miles

  • Visitor Parking

    0.42 miles

  • Patient/Visitor Parking

    0.43 miles

  • Maintenance Parking Lot

    0.44 miles

  • Jeffords Team Member Parking (Lot A)

    0.48 miles

  • The Belleview Inn

    0.76 miles

  • Residence Inn Clearwater Downtown

    1.05 miles

  • The Fort Harrison Hotel

    1.13 miles

  • The Yachtsman

    1.35 miles

  • Belleair Village Motel

    1.45 miles

  • Sandcastle Hotel

    1.50 miles

  • Patio Palms of Clearwater

    1.51 miles

  • Regal Motel

    1.61 miles

  • Hillcrest Motel

    1.64 miles

  • Cimy's Motel

    1.65 miles

  • Publix

    0.77 miles

  • Rainbow Food

    1.40 miles

  • ALDI

    1.48 miles

  • Walmart Supercenter

    1.63 miles

  • Save-A-Lot

    2.09 miles

  • Island Market

    2.16 miles

  • CGX

    2.17 miles

  • Bealls Outlet

    2.93 miles

  • Big Lots

    3.13 miles

  • Target

    3.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Bryan Webb

Acuity Private Capital

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