Key West Style Office Building for Owner Investor

Office for Sale
Catylist Listing ID: 30209401
Property Subtypes: Office Building
Building Size (RSF): 4,738 SF
Gross Building Area: 5,310 SF
Gross Land Area: 20,454 SF
Sale Price: $879,000
Unit Price: $185.52 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 4,910 SF
Sale Terms: Cash to Seller
Average Occupancy Rate: 100
Last Updated: 3/26/2018

Overview / Comments

Key West style building that was built with the finest materials as an owner/developer's personal offices. Wood floors, high ceilings, crown molding, awesome etched glass entries off a large porch. The property is currently occupied by three tenants who have been in place long term. The current owner bought as an investment and is ready sell to simplify their portfolio. They have had a great track record of keeping this building occupied at all times.
Rents are over $6000 per month. All tenants are month to month to make room for owner/user to move into the building.
https://youtu.be/3tI5IyT8Z4Q

Attachments & Media

Current Tenants

Tenant Business Name Blenner Law Group
Contact Name Walter Blenner
Is Renting? Yes
Suite Number c
SF of Space Occupied 1,400 SF
Current Rent $1,808 PSF (Annual)
Tenant Business Name Club Clean
Suite Number a
SF of Space Occupied 2,880 SF
Current Rent $3,379 PSF (Annual)
Tenant Notes Planning to move out April
Tenant Business Name Drive Source
Is Renting? Yes
Suite Number b
SF of Space Occupied 700 SF
Current Rent $837 PSF (Annual)

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 112815000001201420
Zoning: P-1
Property Located Between: Tampa Rd. and Florida Ave. on alt 19 east side
Property Visibility: Good
Site Description: Lot backs up to a environmental area and is bordered by offices on either side with oak trees present.
Area Description: Palm Harbor close to downtown and well located close to Tampa Rd to access all areas of the bay area.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2001
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Good parking in front of the building
Air Conditioning: Package Unit
Internet Access: T1/T3
Zoning Description: Profesional Office in Pinellas County
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,053 76,197 176,545
Median Age: 46 50.21 50.13
Households: 3,785 35,007 82,563

Contact

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