Crown Point Office
13191 STARKEY ROAD #15 & 16 Largo, FL 33773
13191 STARKEY ROAD #15 & 16, Largo, FL, 33773
$740,000
For Sale
$740,000
Two contiguous office condos in well-maintained Largo professional center.
Property Size3,550 SF
Lot Size4.48 Acres
Price / SF$208.45
Days on Market1750
Property Features for 13191 STARKEY ROAD #15 & 16
General Information
- Standard status
- Active
- Size
- 3,550 SF
- Lot size
- 4.48 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing Agency
BAY STREET COMMERCIAL LLC
(813) 254-6756
Listed by
MICHAEL BRACCIA, PA · License #3033512
Source
Corcoran
Added: Oct 5, 2021 Updated: Jul 6 at 9:52 am Checked: Jul 19 at 4:38 am
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 BAY STREET COMMERCIAL LLC
Investment Insights
Based on property information with market context.
Two adjacent office condominiums are available in Crown Point Center, a professional office center located on Starkey Road near Ulmerton Road. The corner unit totals 3,550 square feet, with Unit 15 comprising 2,080 square feet and Unit 16 comprising 1,470 square feet. Accessible from both sides of the building and from two separate parking lots, the space features a reception area, an open floor workspace surrounded by windows, three private offices, a dedicated filing/storage area, a large open production/bullpen area, restrooms, and a private break-room. The professional center has multiple medical and professional office users and an abundance of parking. The association dues are $1,500 per month for the two units, which includes roof, exterior, common area, water, sewer, garbage, and exterior insurance. The property is located behind Starbucks on the corner of Starkey Road and 133rd Avenue, one block south of Ulmerton Road, west of the US-19 intersection, and minutes from I-275, providing access to Tampa Bay area markets.
Key Highlights
- Prime location: Starkey Road near Ulmerton, close to US‑19 and I‑275, providing easy access to Tampa Bay area.
- Large 3,550 SF corner unit with entrances from both sides of the building and two parking lots.
- Functional layout: Includes reception area, open workspace, private offices, filing/storage, production area, restrooms, and break‑room.
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 | $92.4k | $26.04 |
| − Vacancy | −$19.0k | −$5.34 |
| EGI | $73.5k | $20.70 |
| − OpEx | −$18.4k | −$5.18 |
| NOI | $55.1k | $15.53 |
3,550 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$787.4K
$689.0K – $918.7K
NOI $55,119 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$923.4K
$808.0K – $1.08M
NOI $64,637 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two contiguous office condos in well-maintained Largo professional center.
Where is this office units located?
The property is located at 13191 STARKEY ROAD #15 & 16 Largo, FL.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Prime location: Starkey Road near Ulmerton, close to US‑19 and I‑275, providing easy access to Tampa Bay area.; **Large 3,550 SF corner unit** with entrances from both sides of the building and two parking lots.; Functional layout: Includes reception area, open workspace, private offices, filing/storage, production area, restrooms, and break‑room.
