For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Dunedin Freestanding Professional Office Building Title is generated by Realmo AI

    1960 Bayshore Blvd, Dunedin, FL 34698

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Freestanding office building in Dunedin, recently updated and ready.

    Type:Office
    Property size:
    2,787 SF
    Price / SF:
    $225/SF
    Added:
    Jan 17, 2024
    Days on Market:
    893
    Last Refresh:
    May 12 at 10:02 pm

    Property Features for 1960 Bayshore Blvd

    General Information

    Standard status
    Active
    Size
    2,787 SF
    Property subtype
    Office

    Building Details

    Year Built
    1977

    We can help!

    Contact an agent
    John Quattrocki

    Listing office The Boardwalk Company

    Listing date Jan 17, 2024

    Source Crexi

    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 The Boardwalk Company

    HighLights

    • Recently updated/refurbished office space ready for immediate occupancy.
    • Freestanding professional office building.
    • New roof installed in December 2023.
    • Located in The Professional Center at the intersection of Bayshore and Michigan Blvds.
    • 2,787 SF (mol) of usable office space.
    • Monument signage available.

    Overview

    This is a freestanding professional office building for sale, located in The Professional Center at the intersection of Bayshore and Michigan Boulevards in Dunedin, Florida. Building C offers 2,787 square feet (mol) of usable office space. The space has been recently updated and refurbished, making it ready for immediate occupancy. It is suitable for a small business, self-proprietor, or investor. A new roof was installed on the building in December 2023. Monument signage is available.

    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 $72.6k $26.04
    − Vacancy −$14.9k −$5.34
    EGI $57.7k $20.70
    − OpEx −$14.4k −$5.18
    NOI $43.3k $15.53
    2,787 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $618.2K
    $540.9K – $721.2K (±1% cap)
    NOI $43,272 @ 7.0% cap · market cap 6.87%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $724.9K
    $634.3K – $845.7K (±1% cap)
    NOI $50,744 @ 7.0% cap · market cap 8.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    IT Online Training High School ITU Online Training, ... Vocational School International Assessment Institute Training Center Beyond Selling Sales ... Consultant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Dunedin
    County
    Pinellas
    State
    Florida
    Longitude
    -82.785346
    Latitude
    28.037357

    FAQs

    What type of property is this?
    Office building - Freestanding office building in Dunedin, recently updated and ready.
    Where is this office building located?
    The property is located at 1960 Bayshore Blvd Dunedin, FL.
    What is the asking price?
    The asking price for this property is $629,500.
    What are key features of this property?
    This property features: Recently updated/refurbished office space ready for immediate occupancy.; Freestanding professional office building.; New roof installed in December 2023.
    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