Two-Story Office
For Sale
Contact for pricing
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 Market235
Property Features for 211 S Boulevard
General Information
Standard status
Active
Size
3,727 SF
Total Parking Spaces
8
Property subtype
OFFICE
Zoning
CG
Site & Location
Neighborhood
Hyde Park Spanishtown Creek Civic Association
Highway Access
Yes
Amenities
reception area
conference room
kitchen
Building Details
Buildings
1
Stories
2
Construction
bungalow style
Listing Agency:
Saunders Real Estate, LLC
(863) 648-1528
Listed By:
Kim Lohry · License #FL SL3087046
(727) 488-5421
Source:
Moodyscre
Added: Mar 16
Changed: Oct 25
Last Checked: Nov 4 at 3:38PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$50,650
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,013,000
$1.0M
Cap Rate 7%
$723,571
$723.6K
Cap Rate 9%
$562,778
$562.8K
Market Conditions
NOI Build-Up for 3,727 SF
Gross rent
$89.4K $24.00/SF
− Vacancy
−$21.9K −$5.88/SF
EGI
$67.5K $18.12/SF
− OpEx
−$16.9K −$4.53/SF
NOI
$50.6K $13.59/SF
Area
Tampa, FL
Vacancy
24.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,013,000
Cap Rate 7%
$723,571
Cap Rate 9%
$562,778
Alternative Uses
Best Use
Office B
$723.6K
$633.1K – $844.2K
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
NOI $60,780 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6,794
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Tampa, FL
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
