Back to Search
Versatile Two-Story Office Condominium

3816 GUNN Hwy Tampa, FL 33618

Claim this Listing
For Sale
$695,000

Two-story office condominium with flexible space in Tampa's Carrollwood submarket.

Type:Commercial
Property size:
3,000 SF
Price / SF:
$231.67/SF
Added:
Apr 24, 2026
Days on Market:
82
Last Refresh:
Jul 2 at 5:54 pm

Property Features for 3816 GUNN Hwy

General Information

Standard status
Active
Size
3,000 SF
Property subtype
Commercial

Building Details

Year Built
1985

Listing office KELLER WILLIAMS TAMPA PROPERTIES

Listing date Apr 24, 2026

Source Elliman

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 PROPERTIES


Investment Insights

Based on property information with market context.

Located in the Carrollwood submarket of Tampa, 3816 Gunn Highway is a two-story office condominium within the One Carrollwood Place office complex. Constructed in 1985, the property offers approximately 3,000 square feet of space designed for various professional office uses. A distinguishing feature is the approximately 750-square-foot open storage and operational suite, which includes removed drop ceilings with exposed height, concrete flooring, integrated lighting, and direct restroom access. This space is suitable for product storage, equipment staging, IT infrastructure, archives, light distribution, or service-based operations. The remainder of the building features a mix of private executive offices, conference space, and open work areas across both floors. Floor-to-ceiling window lines provide natural light throughout the space. The two-story configuration allows for departmental separation or potential multi-suite configuration. Situated along Gunn Highway, the property benefits from visibility and access to Dale Mabry Highway, the Veterans Expressway, and the Tampa metro area. Surrounding retail, dining, and service amenities enhance convenience for employees and clients. The property is located in a bikeable area with a bike score of 54, a walkable area with a walk score of 71, and has some transit options with a transit score of 29.

Key Highlights

  • Prime location on Gunn Highway with easy access to Dale Mabry and Veterans Expressway.
  • Versatile 3,000 SF two‑story office condominium for owner‑users or investors.
  • Unique ±750 SF open storage/operational suite with exposed ceilings and concrete floors.

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 $72.0k $24.00
− Vacancy −$17.6k −$5.88
EGI $54.4k $18.12
− OpEx −$13.6k −$4.53
NOI $40.8k $13.59
3,000 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$582.4K
$509.6K – $679.5K (±1% cap)
NOI $40,770 @ 7.0% cap · market cap 5.87%
Second Best
Flex RnD
$565.6K
$494.9K – $659.9K (±1% cap)
NOI $39,593 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$698.9K
$611.6K – $815.4K (±1% cap)
NOI $48,924 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

CSM South Electronics & Wireless Store

Suggested Use

Big Box & Wholesale Store Auto Parts Store Storage Facility Building Supply Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Two-story office condominium with flexible space in Tampa's Carrollwood submarket.
Where is this office units located?
The property is located at 3816 GUNN Hwy Tampa, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prime location on Gunn Highway with easy access to Dale Mabry and Veterans Expressway.; Versatile 3,000 SF two‑story office condominium for owner‑users or investors.; Unique ±750 SF open storage/operational suite with exposed ceilings and concrete floors.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message