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    8588 Starkey Rd Seminole, FL 33777

    Sponsored
    For Sale
    $2,200,000

    Fully Leased, High-Return Medical Building

    Property size:
    7,664 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 7,664 square foot medical office building, situated on a 0.73-acre lot at 8588 Starkey Road in Seminole, Florida, presents a compelling investment opportunity. Currently fully leased to a diverse mix of established tenants including LabCorp, an orthodontist specialist, a counseling practice, and a real estate investment firm, this property offers a stable and predictable income stream. The strong tenant roster ensures a comfortable return on investment, making this an attractive option for both seasoned investors and those seeking a secure, passive income source. Located in the heart of South Pinellas County, this prime location benefits from excellent visibility and accessibility, just blocks from Park Boulevard and conveniently positioned between US Highway 19 and the area's beautiful beaches. Its central location ensures easy access for patients and employees from throughout South Pinellas. The building's current lease structure provides an immediate return, while the potential for future occupancy by a practitioner, as leases expire, offers additional long-term value. This represents a unique chance to acquire a well-established medical office building below replacement cost, providing both immediate income and significant future potential. The property's strong tenant base, prime location, and below-market price point combine to create a truly exceptional investment opportunity. Don't miss this chance to secure a foothold in the thriving South Pinellas medical market.

    Property Features for 8588 Starkey Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,664 SF
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Pinellas
    State
    Florida
    Longitude
    -82.76275
    Latitude
    27.85008

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    FAQs

    What type of property is this?
    Office Property / Space - Fully Leased, High-Return Medical Building
    Where is this office property / space located?
    The property is located at 8588 Starkey Rd Seminole, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (813) 475-6019
    Request Owner's contact information
    8588 Starkey Rd Seminole, FL 33777
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    Seminole, FL 33777
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8588 Starkey Rd Seminole, FL 33777
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