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Two-Story Office Bungalow
For Sale
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211 S Boulevard, Tampa, FL 33606

Zoned CG, this two-story office bungalow offers a reception area, nine offices, conference room, and kitchen.

Property Size3,727 SF
Price / SF$449.42
Days on Market140

Property Features for 211 S Boulevard

General Information

Standard status Active
Size 3,727 SF
Total Parking Spaces 8
Property subtype OFFICE
Zoning CG

Additional Details

Highway Access Yes

Amenities

reception area
conference room
kitchen

Building Details

Buildings 1
Stories 2
Construction bungalow style
Listing Agency: Saunders Real Estate, LLC
Listed By: Liz Menéndez
Source: Moodyscre
Added: Mar 16 Changed: Jul 30 Last Checked: Aug 2 at 5:35AM

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 Saunders Real Estate, LLC

Investment Insights

Based on property information with market context.

This two-story bungalow-style office property is set up for day-to-day professional use, with a reception area, nine offices, a conference room, and a kitchen. The interior also includes five restrooms, supporting staff and visitor flow within the space.

The property offers surface parking with seven dedicated spaces plus one ADA/handicap space. It is zoned CG and is not located in the historic district. Convenient access to the Lee Roy Selmon Expressway and downtown Tampa is noted for the South Tampa submarket.

Overall, the layout provides multiple private office rooms alongside a centralized reception and meeting space, making it suitable for organizations that need a mix of individual workspaces and collaboration.

Key Highlights

  • Zoned CG
  • Two‑story bungalow‑style layout with reception area
  • Nine offices plus conference room

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 $89.4k $24.00
− Vacancy −$21.9k −$5.88
EGI $67.5k $18.12
− OpEx −$16.9k −$4.53
NOI $50.6k $13.59
3,727 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$723.6K
$633.1K – $844.2K (±1% cap)
NOI $50,650 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$868.3K
$759.8K – $1.01M (±1% cap)
NOI $60,780 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Santana Byrd & Jaap ... Tax Preparation

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Clothing & Fashion Store Tanning Salon Fish Market Daycare Center

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,926
Businesses Nearby

Demographics for 33606, FL

22,271
Population
10,918
Households
2
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
6,749
Density / Sq Mi
$113,634
Median Household Income
$46,311
Median Earnings
$1,931
Median Rent
$796,000
Median Home Value

Market

Vacancy Rate% for Office in Tampa, FL

13.8% 2019
14.2% 2020
19.1% 2021
22.3% 2022
21.9% 2023
20.7% 2024
18.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Zoned CG, this two-story office bungalow offers a reception area, nine offices, conference room, and kitchen.
Where is this office building located?
The property is located at 211 S Boulevard Tampa, FL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Zoned CG; Two‑story bungalow‑style layout with reception area; Nine offices plus conference room
(727) 409-0101 Call to check price and availability
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