Professional Office Condo with
10225 ULMERTON Road Largo, FL 33771
For Sale
$275,000
SINGLE_FAMILY - LARGO, FL
Property Size1,525 SF
Lot Size0.59 Acres
Price / SF$180.33
Days on Market48
Property Features for 10225 ULMERTON Road
General Information
Property type
Residential
Property subtype
Office
Standard status
Active
APN
03-30-15-86030-012-0020
Size
1,525 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SUGAR CREEK MEDICAL AND PROFESSIONAL CENTER CONDO PHASE 12 UNIT 12-B
Tax Annual Amount
3339
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
2
Building materials
Frame
Listing Agency:
ALIGN RIGHT REALTY LLC
(727) 264-6800
Listed By:
Levi Blake · License #3611139
(812) 606-7832
Added: Jun 12
Changed: Jun 19
Last Checked: Jul 29 at 6:06PM
MLS# TB8516088
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained office condo is configured with a welcoming reception area, four private offices, and a large conference room. The conference room provides flexibility for a future fifth office if desired. The space is designed to support a professional office workflow with an emphasis on privacy and convenient access for staff and clients.
The unit is located at 10225 Ulmerton Road and is part of a multi-unit office complex with ample parking. The complex also offers visibility along Ulmerton Road and quick access to major area corridors and nearby retail and dining.
The unit is multi-story and includes direct second-floor access when needed, supporting practical day-to-day movement within the building while keeping the work areas organized.
The unit is located at 10225 Ulmerton Road and is part of a multi-unit office complex with ample parking. The complex also offers visibility along Ulmerton Road and quick access to major area corridors and nearby retail and dining.
The unit is multi-story and includes direct second-floor access when needed, supporting practical day-to-day movement within the building while keeping the work areas organized.
Key Highlights
- Office condo at 10225 Ulmerton Road, Unit 12B, in a multi‑story setup with direct second‑floor access
- Includes 4 private offices and a large conference room that can be converted into a 5th office
- Reception area plus functional workspace flow with abundant natural light throughout
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.7k | $26.04 |
| − Vacancy | −$8.1k | −$5.34 |
| EGI | $31.6k | $20.70 |
| − OpEx | −$7.9k | −$5.18 |
| NOI | $23.7k | $15.53 |
1,525 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$338.3K
$296.0K – $394.6K
NOI $23,678 @ 7.0% cap · market cap 8.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$396.7K
$347.1K – $462.8K
NOI $27,767 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office condo includes four private offices, a reception area, and a large conference room with second-floor access.
Where is this office units located?
The property is located at 10225 ULMERTON Road Largo, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Office condo at 10225 Ulmerton Road, Unit 12B, in a multi‑story setup with direct second‑floor access; Includes 4 private offices and a large conference room that can be converted into a 5th office; Reception area plus functional workspace flow with abundant natural light throughout
