Florida Real Property Management Inc Acquires Bay Vista Office Building In Clearwater For $6.65M

The Bay Vista Office Building in Clearwater, formerly housing Vology, was sold for $6.65 million to Florida Real Property Management Inc., with businessman Bill Edwards involved in the deal. The three-story Class A building, constructed in 1988, offers a total of 52,270 square feet of space. The sale price translates to a price per square foot of $127. Progressive Dental, a main tenant, occupies over 20,000 square feet within the building, which boasts 243 parking spaces.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $6,650,000
• Address: 15950 Bay Vista Drive
• Market: Clearwater
• Buyer: Florida Real Property Management Inc - Bill Edwards
• Seller: Mblen Company LLC
• Square Footage: 52,270
• Price Per Square Foot: $127

Bill Edwards, representing Florida Real Property Management Inc., was instrumental in the acquisition of the Bay Vista Office Building. The sale marks a significant transaction in the Clearwater market, highlighting Edwards' involvement in the local real estate market.