Crown Point Office
For Sale
$740,000
13191 STARKEY ROAD #15 & 16, Largo, FL 33773
Two contiguous office condos in well-maintained Largo professional center.
Property Size3,550 SF
Lot Size4.48 Acres
Price / SF$208.45
Days on Market1835
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
Taxes and HOA fees
Annual Taxes
$2,274
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1988
Listing Agency:
BAY STREET COMMERCIAL LLC
(813) 254-6756
Listed By:
MICHAEL BRACCIA, PA · License #3033512
(813) 254-2110
Source:
Corcoran
Added: Oct 11, 2021
Changed: Oct 16
Last Checked: Oct 19 at 6:58AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,119
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,102,380
$1.1M
Cap Rate 7%
$787,414
$787.4K
Cap Rate 9%
$612,433
$612.4K
Market Conditions
NOI Build-Up for 3,550 SF
Gross rent
$92.4K $26.04/SF
− Vacancy
−$19.0K −$5.34/SF
EGI
$73.5K $20.70/SF
− OpEx
−$18.4K −$5.18/SF
NOI
$55.1K $15.53/SF
Area
Pinellas County, FL
Vacancy
20.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,102,380
Cap Rate 7%
$787,414
Cap Rate 9%
$612,433
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Explore this area
Business Placement
Demographics for 33773, FL
17,494
Population
8,353
Households
2.1
Avg Household Size
48
Median Age
31%
College-Educated
91%
High-School Grad
5.1 sq mi
ZIP Area
3,430
Density / Sq Mi
$74,115
Median Household Income
$46,759
Median Earnings
$1,567
Median Rent
$280,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two contiguous office condos in well-maintained Largo professional center.
Where is this office unit 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.
