Corner Office Condominium
For Sale
Contact for pricing
13191 Starkey Rd, Largo, FL 33771
Two contiguous office condominiums totaling 3,550 SF with corner access from two sides and two separate parking lots.
Property Size3,550 SF
Price / SF$208.45
Days on Market606
Property Features for 13191 Starkey Rd
General Information
Standard status
Active
Size
3,550 SF
Property subtype
OFFICE
Building Details
Tenancy
Multi
Listing Agency:
Bay Street Commercial
(813) 625-2375
Listed By:
Michael Braccia, P.A. · License #SL3033512
(813) 625-2375
Source:
Moodyscre
Added: Dec 6, 2024
Changed: Jul 28
Last Checked: Jul 28 at 5:24PM
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
Investment Insights
Based on property information with market context.
Two adjacent, contiguous office condominiums are available in Crown Point Center. The combined space totals 3,550 SF and is set up as a corner unit accessible from both sides of the building and from two separate parking lots.
Internally, the layout includes a wide-open, light-filled reception area and an open floor workspace for cubicles with surrounding windows. There are three private offices, a dedicated filing/storage area, a large open production or bullpen area, additional restrooms, and a private break-room.
Crown Point Center is described as a well maintained, easily accessible professional office center with multiple medical and professional office users and abundant parking. Association dues are $1,500 per month for the two units and include roof, exterior, common areas, water, sewer, garbage, and exterior insurance.
Internally, the layout includes a wide-open, light-filled reception area and an open floor workspace for cubicles with surrounding windows. There are three private offices, a dedicated filing/storage area, a large open production or bullpen area, additional restrooms, and a private break-room.
Crown Point Center is described as a well maintained, easily accessible professional office center with multiple medical and professional office users and abundant parking. Association dues are $1,500 per month for the two units and include roof, exterior, common areas, water, sewer, garbage, and exterior insurance.
Key Highlights
- Two contiguous office condominiums in Crown Point Center totaling 3,550 SF (Unit 15: 2,080 SF; Unit 16: 1,470 SF).
- Corner unit access from both sides of the building and from two separate parking lots.
- Reception area plus open floor workspace for cubicles surrounded by windows.
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
Healthcare Medical
$467.7K
$409.3K – $545.7K
NOI $32,742 @ 7.0% cap · market cap 4.42%
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.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Explore this area
Business Placement
Demographics for 33771, FL
29,766
Population
16,898
Households
1.8
Avg Household Size
54
Median Age
25%
College-Educated
90%
High-School Grad
6.0 sq mi
ZIP Area
4,961
Density / Sq Mi
$60,139
Median Household Income
$40,417
Median Earnings
$1,379
Median Rent
$145,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two contiguous office condominiums totaling 3,550 SF with corner access from two sides and two separate parking lots.
Where is this office units located?
The property is located at 13191 Starkey Rd 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: Two contiguous office condominiums in Crown Point Center totaling 3,550 SF (Unit 15: 2,080 SF; Unit 16: 1,470 SF).; Corner unit access from both sides of the building and from two separate parking lots.; Reception area plus open floor workspace for cubicles surrounded by windows.
