2536 Countryside Blvd, Clearwater, Florida, 33763
Countryside Corporate Center offers prime office space in the heart of Clearwater’s Countryside submarket.
Positive cash-flowing asset with significant redevelopment opportunities.
Address: 2536 Countryside Blvd., Clearwater, FL
Building/Stories: One 6-story
Land: 4.0 acres
Year Built/Renovated: 1974 / 1991 / 2021
Parking: 377 surface (4.6 per 1,000)
GBA: 90,683 SF
NRA: 83,149 SF
In-Place Occupancy: 72.5%
Countryside Corporate Center (formerly known as Countryside Towers) is a 6-story multi-tenant office building located in the heart of North Pinellas County at the busy intersection of US-19 and Countryside Blvd. Proximate to many affluent neighborhoods as well as walkable to a wide variety of retail and restaurant amenities, this property features a beautifully renovated lobby, upgraded elevators, and new signage/branding.
Acquired in November 2019, over $2.5M in capital upgrades, including common areas and a new roof have been completed. Over the past 4 years occupancy has increased from 27% to 73%, bringing in a number a high-quality new tenants such as Raymond James to the property. A coworking suite (managed by an affiliate) is now available to accommodate and incubate smaller tenants who appreciate this location’s excellent access and amenities.
The North Pinellas submarket saw 2.2% rent growth in 2024, outpacing the metro area overall, and submarket vacancy currently stands at 10.1%.
Ownership is exploring various capital strategies for this asset, and seeking a capital partner or investor to continue the value-add strategy of leasing the balance of the building. Other options include taking advantage of our excellent frontage/visibility by selling or developing retail outparcels (and reconfiguring the parking to accommodate).
Florida markets continue to attract relocations of corporations, small business owners, and qualified labor due to weather, favorable tax laws, and comparatively low cost of living.
Return to office mandates have begun to kick into gear in 2025.
This demand shift, combined with very low supply risk, indicates office fundamentals may have bottomed out and are poised for recovery.
The Tampa MSA is the second most populous market in Florida, with over 3.4 million residents and some of the highest growth rates in the country.
Positive absorption and limited speculative construction have kept Tampa's vacancy relatively flat over the past several years, sitting at 9.6%as of the first quarter of 2025.
Tampa led the state in leasing activity in 2024, beating Miami by roughly 2 million SF
US19 Reimagined-Countryside and US 19
Asset is entitled with increased development capacities of up to 150’ height and 2.5 Floor Area Ratios. This is a unique opportunity to repurpose this and adjacent parcels into a modern, amenitized site similar to Midtown Tampa.
1 mile
3 miles
5 miles
15,484
92,455
128,539
8,539
42,760
57,449
1 mile
3 miles
5 miles
$84,749
$107,987
$98,013
Our experienced team of brokerage professionals is available to provide tours and answer any questions about this sale opportunity at Countryside Corporate Center. Whether you're representing a client or exploring options for your own business, we’re here to guide you through every step of the sale process. An offering memorandum is available upon execution of the non-disclosure agreement.
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