Renovated Office Building in
4409 W EL PRADO BOULEVARD Tampa, FL 33629
4409 W EL PRADO BOULEVARD, Tampa, FL, 33629
$1,799,000
For Sale
$1,799,000
Fully renovated office building in a prime South Tampa location.
Property Size4,410 SF
Lot Size0.16 Acres
Price / SF$407.94
Days on Market447
Property Features for 4409 W EL PRADO BOULEVARD
General Information
- Standard status
- Active
- Size
- 4,410 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1967
Listing agency
KELLER WILLIAMS TAMPA CENTRAL
(813) 865-0700
Listed by
BRIAN HAHS · License #3460665
Source
Corcoran
Added: May 1, 2025 Updated: Jul 6 at 9:58AM Checked: Jul 21 at 4:52AM
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 fully renovated office building is located in South Tampa on El Prado Boulevard, offering visibility and accessibility. The building features a modern, high-quality professional office build-out with a versatile layout that includes private offices, open collaborative workspaces, conference rooms, and reception areas. Ample windows provide natural light. The property has been updated with contemporary finishes and upgraded systems. The location is surrounded by upscale residential neighborhoods, dining, and retail, and is located minutes from Downtown Tampa, Westshore, and Tampa International Airport. It also has convenient access to major roadways. This property is suitable for professionals in law, finance, medical, or creative industries, or for an investor looking to capture the demand for quality office space. The property size is 4410 square feet.
Key Highlights
- Fully renovated, first‑class office building on El Prado Boulevard in South Tampa.
- Modern, high‑quality professional office build‑out with private offices, collaborative workspaces, and conference rooms.
- Exceptional visibility, accessibility, and prestige.
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 | $105.8k | $24.00 |
| − Vacancy | −$25.9k | −$5.88 |
| EGI | $79.9k | $18.12 |
| − OpEx | −$20.0k | −$4.53 |
| NOI | $59.9k | $13.59 |
4,410 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$856.2K
$749.2K – $998.9K
NOI $59,932 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$899.0K – $1.20M
NOI $71,918 @ 7.0% cap · market cap 4.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Study Hall Research
Advertising Agency
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FAQs
What type of property is this?
Office building - Fully renovated office building in a prime South Tampa location.
Where is this office building located?
The property is located at 4409 W EL PRADO BOULEVARD Tampa, FL.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Fully renovated, first‑class office building on El Prado Boulevard in South Tampa.; Modern, high‑quality professional office build‑out with private offices, collaborative workspaces, and conference rooms.; Exceptional visibility, accessibility, and prestige.