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Climate-Controlled Storage Garage Condo

1111 N 34th St. Tampa, FL 33605

1111 N 34th St., Tampa, FL, 33605
$450,000
For Sale
$450,000

COMMERCIAL - Tampa, FL

Property Size1,200 SF
Lot Size0.03 Acres
Price / SF$375
Days on Market271

Property Features for 1111 N 34th St.

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Rooms
Bathroom 1
Standard status
Active
Lot size
0.03 Acres

Taxes and HOA fees

Tax Annual Amount
6336

Utilities

Heating system
Heat Pump (Heating), Electric (Heating), Zoned
Water source
Public

Building Details

Year built
2023
Floors in Building
1
Building materials
Masonite
Listing Agency DESTINY REALTY
112 White Oaks Blvd, Panama City, FL
Listed by George Schempf
Added: Oct 22, 2025 Checked: Jul 19 at 7:06 am
MLS# 11594032

Copyright © 2026 My State 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.

Unit 212 is offered at Paddock1 Premium Gated Garage Storage Condos, built for private, secure storage. The climate-controlled unit measures 24' x 50' and includes a 14' x 14' overhead door. A bathroom is also in place, providing convenience for longer stays inside the unit. The space can be used as-is or finished to suit a personal setup, including options described for loft and car lifts.

Paddock1 is located just minutes from I-4 near downtown Tampa and Ybor City. The facility is a gated storage condo community with wide 50' aisles designed to accommodate RVs, boats, and trailers. The remarks indicate the specific placement of Unit 212 makes it easier for larger RVs and trailers, with an example provided that a 45' Motor Coach was backed into the unit.

This is a commercial property zoned for commercial use, but business use is not allowed by the HOA. As a result, the offering is best aligned with private owners seeking a secure, climate-controlled garage-style storage environment rather than a business operation. An owners-only club house totaling 3,000 square feet is included for community gatherings and flexible work or meeting space.

Key Highlights

  • Unit 212 at Paddock1 Premium Gated Garage Storage Condos
  • Climate controlled unit measuring 24' x 50' with a 14' x 14' overhead door and 1 bathroom
  • Owner‑only 3,000 sq ft clubhouse for gatherings and work/meeting space

Local Financial Insights For Warehouse

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 $22.0k $18.36
− Vacancy −$1.2k −$1.01
EGI $20.8k $17.35
− OpEx −$3.1k −$2.60
NOI $17.7k $14.75
1,200 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$252.8K
$221.2K – $295.0K (±1% cap)
NOI $17,697 @ 7.0% cap · market cap 3.93%
Second Best
Self Storage
$159.0K
$139.1K – $185.5K (±1% cap)
NOI $11,128 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$279.6K
$244.6K – $326.2K (±1% cap)
NOI $19,570 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Paddock1 - Premium Garage ... Storage Facility

Suggested Use

Dental Office Pharmacy Nail Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Hair Salon Barber Shop (Bike/Boat/Book/etc) Store Cosmetic Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Self storage facility - Climate-controlled storage condo with oversized overhead door, bathroom, and access suited for larger RVs and trailers.
Where is this self storage facility located?
The property is located at 1111 N 34th St. Tampa, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Unit 212 at Paddock1 Premium Gated Garage Storage Condos; Climate controlled unit measuring 24' x 50' with a 14' x 14' overhead door and 1 bathroom; Owner‑only 3,000 sq ft clubhouse for gatherings and work/meeting space
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