Premium Garage Condo in
1111 N 34TH St 102 Tampa, FL 33605
For Sale
$375,000
Climate-controlled 1,000 SF garage condo for car enthusiasts.
Property Size1,000 SF
Price / SF$375
Days on Market95
Property Features for 1111 N 34TH St 102
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing Agency:
KELLER WILLIAMS TAMPA CENTRAL
(813) 727-5597
Listed By:
John Morgan · License #3427976
(813) 727-5597
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 12:07PM
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 KELLER WILLIAMS TAMPA CENTRAL
Investment Insights
Based on property information with market context.
This 1,000 square foot climate-controlled garage condo is located in a premier storage destination designed for car, boat, and RV enthusiasts in the Tampa Bay area. The unit features a wide garage door, ample ceiling height, and a reinforced concrete slab suitable for vehicle lifts. It is pre-engineered to allow for a future loft, providing flexibility for additional storage or workspace. The gated facility offers enhanced security and 50-foot drive aisles, allowing easy access for larger vehicles, trailers, and RVs. Owners have access to a 3,000 square foot owners-only Paddock, a shared space ideal for meetings, work, and community events. The location has a bike score of 71, indicating it is very bikeable, a walk score of 42, indicating it is car-dependent, and a transit score of 36, indicating some transit options are available. This high-quality garage condo is situated in a desirable enthusiast-focused facility.
Key Highlights
- 1,000 sq ft climate‑controlled garage condo, ideal for car, boat, and RV storage
- Gated facility with enhanced security and 50‑foot drive aisles for easy large vehicle access
- Pre‑engineered for a future loft, offering flexible storage or workspace options
Financial Insights For Industrial
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 | $18.4k | $18.36 |
| − Vacancy | −$1.0k | −$1.01 |
| EGI | $17.4k | $17.35 |
| − OpEx | −$5.2k | −$5.21 |
| NOI | $12.1k | $12.15 |
1,000 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$173.5K
$151.8K – $202.4K
NOI $12,145 @ 7.0% cap · market cap 3.24%
Second Best
Self Storage
$132.5K
$115.9K – $154.6K
NOI $9,274 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$233.0K
$203.9K – $271.8K
NOI $16,308 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Paddock1 - Premium Garage ...
Storage Facility
FAQs
What type of property is this?
Self storage facility - Climate-controlled 1,000 SF garage condo for car enthusiasts.
Where is this self storage facility located?
The property is located at 1111 N 34TH St 102 Tampa, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,000 sq ft climate‑controlled garage condo, ideal for car, boat, and RV storage; Gated facility with enhanced security and 50‑foot drive aisles for easy large vehicle access; Pre‑engineered for a future loft, offering flexible storage or workspace options
