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14501 WALSINGHAM ROAD #D, Largo, FL 33774

Tenants pay electricity while the landlord covers real estate taxes, insurance, and water and sewer service.

Property Size830 SF
Price / SF$17.35
Days on Market3

Property Features for 14501 WALSINGHAM ROAD #D

General Information

Standard status Active
Size 830 SF
Property subtype Office

Additional Details

Condition Newly Renovated
Property Use Office

Amenities

0.59 acres
Additional parcels description:, Parcel Number: 07-30-15-82266-000-0040, Public Survey Range: 15, Public Survey Section: 07, Annual Amount: $1,746.83, Tax Block: 000, Tax Book Number: 57-44, Legal Description: 688 PROFESSIONAL CENTER CONDO UNIT D, Lot: 0040, Year: 2025
Central Air
Listing ID: MFRTB8562888, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-10-29
Built in 1981, Living area: 830, Living area units: Square Feet, 1 storey, Construction Materials: Block, Concrete
Subdivision: 688 PROFESSIONAL CENTER CONDO, MLS Area (Major): 33774 - Largo, County/Parish: Pinellas
Leasable area: 830
Slab
Grounds Care, Sewer, Taxes, Water
Electricity, Insurance
Road Surface: Asphalt

Building Details

Year Built 1981
Listing Agency: SMITH & ASSOCIATES REAL ESTATE
Listed By: Patrick Calhoon · License #259869
Source: Miharaandassociates
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 1:52PM

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 SMITH & ASSOCIATES REAL ESTATE

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Remodeled office space is part of a quiet complex with on-site parking. The property is located on Walsingham Road in Largo, a short distance from Indian Rocks Beach.

The landlord pays real estate taxes, insurance, and water and sewer service; tenants are responsible for electricity.

Key Highlights

  • Remodeled office space in a quiet complex
  • On‑site parking
  • Landlord pays real estate taxes, insurance, and water and sewer service; tenant pays electricity

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,887
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,740 $257.7K
Cap Rate 7%
$184,100 $184.1K
Cap Rate 9%
$143,189 $143.2K
Market Conditions
NOI Build-Up for 830 SF
Gross rent
$21.6K $26.04/SF
− Vacancy
−$4.4K −$5.34/SF
EGI
$17.2K $20.70/SF
− OpEx
−$4.3K −$5.18/SF
NOI
$12.9K $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%
$257,740
Cap Rate 7%
$184,100
Cap Rate 9%
$143,189

Alternative Uses

Best Use
Office B
$184.1K
$161.1K – $214.8K (±1% cap)
NOI $12,887 @ 7.0% cap · market cap 89.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$215.9K
$188.9K – $251.9K (±1% cap)
NOI $15,112 @ 7.0% cap · market cap 104.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Moody & Shea PA Law Firm Strategic Financial and Insurance ... Financial Advisor

Suggested Use

Top Pick Law Firm Dental Office Grocery & Convenience Store Electrical Service Computer & Electronic Repair Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby

Demographics for 33774, FL

18,145
Population
10,388
Households
1.7
Avg Household Size
51
Median Age
28%
College-Educated
93%
High-School Grad
4.6 sq mi
ZIP Area
3,945
Density / Sq Mi
$76,769
Median Household Income
$41,936
Median Earnings
$1,498
Median Rent
$315,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Tenants pay electricity while the landlord covers real estate taxes, insurance, and water and sewer service.
Where is this office unit located?
The property is located at 14501 WALSINGHAM ROAD #D Largo, FL.
What are key features of this property?
This property features: Remodeled office space in a quiet complex; On‑site parking; Landlord pays real estate taxes, insurance, and water and sewer service; tenant pays electricity
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Includes: Price & PSF · Cap rate · Location · Zoning

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