Crown Point Center Office
For Sale
$740,000
13191 Starkey Rd Units 15 & 16, Largo, FL 33773
Two contiguous office units in a well-maintained professional center.
Property Size3,550 SF
Price / SF$208.45
Days on Market225
Property Features for 13191 Starkey Rd Units 15 & 16
General Information
Standard status
Active
Size
3,550 SF
Class
B
Property subtype
Office - General Office
Building Details
Building Size
3,550 SF
Year Built
1988
Units
2
Listing Agency:
Bay Street Commercial
Listed By:
Michael Braccia · License #SL3033512
(813) 254-6756
Source:
Commercialcafe
Added: Mar 26
Changed: Nov 2
Last Checked: Nov 4 at 9:47AM
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
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Investment Insights
Based on property information with market context.
Two adjacent office condominiums are available in Crown Point Center, a professional office center on Starkey Road near Ulmerton Road. The corner unit, totaling 3,550 square feet (Unit 15: 2,080 SF and Unit 16: 1,470 SF), is 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 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. Association dues are $1,500 per month for the two units and include 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 near the intersection of Starkey Road and Ulmerton Road, with easy access to US‑19 and I‑275.
- Two contiguous office condominiums totaling 3,550 SF, offering a large and flexible workspace.**
- Highly desirable corner unit with entrances from both sides of the building and two separate parking lots.**
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,326
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two contiguous office units in a well-maintained professional center.
Where is this office unit located?
The property is located at 13191 Starkey Rd Units 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 near the intersection of Starkey Road and Ulmerton Road, with easy access to US‑19 and I‑275.; Two contiguous office condominiums totaling 3,550 SF, offering a large and flexible workspace.**; Highly desirable corner unit with entrances from both sides of the building and two separate parking lots.**
