Professional Office Condo
10825 Seminole Boulevard Unit 1 Largo, FL 33778
10825 Seminole Boulevard Unit 1, Largo, FL, 33778
$230,000
For Sale
$230,000
Office condo features three private offices, two bathrooms, and two reception areas within a maintained office complex.
Property Size1,125 SF
Price / SF$204.44
Days on Market33
Property Features for 10825 Seminole Boulevard Unit 1
General Information
- Standard status
- Active
- Size
- 1,125 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing agency
DALTON WADE INC
(888) 668-8283
Listed by
Rob Demarest · License #3368911
Source
Xome
Added: Jun 19 Updated: Jul 21 at 4:54AM Checked: Jul 21 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DALTON WADE INC
Investment Insights
Based on property information with market context.
This professional office condo suite in The Clusters is available for sale and offers a functional layout for client-facing operations. The unit includes three private offices, two bathrooms, and two separate reception areas, supporting either consolidated or distinct work and waiting spaces.
Located at 10825 Seminole Boulevard in Largo within an office complex described as well maintained, the suite is positioned for visibility and easy access along one of the area’s busiest corridors. The property is described as having ample parking and strong frontage.
For businesses seeking a flexible office configuration within a central Pinellas County location, this suite provides the room for multiple departments or a setup that combines administrative space with separate client reception areas.
Located at 10825 Seminole Boulevard in Largo within an office complex described as well maintained, the suite is positioned for visibility and easy access along one of the area’s busiest corridors. The property is described as having ample parking and strong frontage.
For businesses seeking a flexible office configuration within a central Pinellas County location, this suite provides the room for multiple departments or a setup that combines administrative space with separate client reception areas.
Key Highlights
- Office condo in The Clusters (Largo) built in 1983 within a maintained office complex
- Layout includes 3 private offices and 2 separate reception areas for flexible client and workspace setup
- Two bathrooms included within the unit
Local 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 | $29.3k | $26.04 |
| − Vacancy | −$6.0k | −$5.34 |
| EGI | $23.3k | $20.70 |
| − OpEx | −$5.8k | −$5.18 |
| NOI | $17.5k | $15.53 |
1,125 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$249.5K
$218.3K – $291.1K
NOI $17,467 @ 7.0% cap · market cap 7.59%
Second Best
Healthcare Medical
$148.2K
$129.7K – $172.9K
NOI $10,376 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$292.6K
$256.0K – $341.4K
NOI $20,483 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pinellas Animal Foundation
Charitable Organization
Shadow Lakes Management
Property Management Company
Bella Vita Massage
Alternative Medicine Practice
Power of Touch Massage ...
Alternative Medicine Practice
Sandra S Hall, ...
Mental Health Service
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FAQs
What type of property is this?
Office units - Office condo features three private offices, two bathrooms, and two reception areas within a maintained office complex.
Where is this office units located?
The property is located at 10825 Seminole Boulevard Unit 1 Largo, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Office condo in The Clusters (Largo) built in 1983 within a maintained office complex; Layout includes 3 private offices and 2 separate reception areas for flexible client and workspace setup; Two bathrooms included within the unit
