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Freestanding Office Building with Reception
For Sale
Under Contract
$900,000

329 PAULS Drive, Brandon, FL 33511

SINGLE_FAMILY - BRANDON, FL

Property Size2,530 SF
Lot Size0.95 Acres
Price / SF$355.73
Days on Market70

Property Features for 329 PAULS Drive

General Information

Property type Residential
Property subtype Office
Zoning BMS-TC2
Appliances Microwave, Refrigerator
Subdivision UNPLATTED
Directions Head north on Pauls Dr toward Millennium Pkwy, Destination will be on the right
Standard status Active Under Contract
APN U-27-29-20-ZZZ-000002-66120.0
Size 2,530 SF
Lot size 0.95 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S 226.5 FT OF N 247.5 FT OF W 208 FT OF SW 1/4 OF SW 1/4 OF NW 1/4 LESS W 25 FT FOR RD
Tax Annual Amount 10214
Legal Description S 226.5 FT OF N 247.5 FT OF W 208 FT OF SW 1/4 OF SW 1/4 OF NW 1/4 LESS W 25 FT FOR RD

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Flooring type Tile
Building materials Stucco
Listing Agency: EXP REALTY LLC
Listed By: Jeffrey Borham, PA · License #3115528
Added: May 25 Changed: Jul 23 Last Checked: Aug 2 at 12:06PM
MLS# TB8514880

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, free-standing office building includes a welcoming reception area, multiple private offices, a conference room, a kitchen, storage space, and two bathrooms. French doors open to a fenced rear area, providing an additional enclosed outdoor option for tenant use. Ample on-site parking is available with 14 dedicated spaces.

The property is zoned BMS-TC2 and is described as being situated along Oakfield Drive, which the listing notes sees more than 10,000 vehicles per day. It is positioned near local amenities including the Brandon Post Office and Chamber of Commerce, and the listing states it is just blocks from Brandon Regional Hospital. The listing also notes access to I-75, I-4, and the Leroy Selmon Expressway, with Tampa International Airport approximately 19 miles away.

The building is currently home to eight tenants, and the listing indicates many are scheduled to renew within the next 90 days. It also states there is a waiting list for future rental opportunities.

Key Highlights

  • Free‑standing office building built in 1964 with stucco construction and tile flooring
  • Zoned BMS‑TC2 and located along Oakfield Drive with more than 10,000 vehicles per day
  • Currently leased to 8 tenants, with many leases scheduled to renew within the next 90 days

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 $73.5k $29.04
− Vacancy −$13.5k −$5.34
EGI $60.0k $23.70
− OpEx −$15.0k −$5.92
NOI $45.0k $17.77
2,530 SF · lease $29.04/SF/yr · vacancy 18.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$642.3K
$562.1K – $749.4K (±1% cap)
NOI $44,964 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.7K
$832.8K – $1.11M (±1% cap)
NOI $66,622 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Thread of Hope Counseling Foster Care Service

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Food Market Electrical Service Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,799
Businesses Nearby

Demographics for 33511, FL

56,627
Population
24,579
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,539
Density / Sq Mi
$77,383
Median Household Income
$44,521
Median Earnings
$1,684
Median Rent
$324,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained free-standing office building with a reception area, private offices, conference room, kitchen, storage, and two restrooms.
Where is this office building located?
The property is located at 329 PAULS Drive Brandon, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Free‑standing office building built in 1964 with stucco construction and tile flooring; Zoned BMS‑TC2 and located along Oakfield Drive with more than 10,000 vehicles per day; Currently leased to 8 tenants, with many leases scheduled to renew within the next 90 days
More about this property
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