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217 APOLLO BEACH BLVD, Apollo Beach, FL, 33572
Mixed-Use Commercial Building

217 APOLLO BEACH BLVD Apollo Beach, FL 33572

For Sale
Contact for pricing

Mixed-use building offering warehouse space with multiple grade-level overhead doors and an additional fronting retail/office suite.

Property Size21,469 SF
Price / SF$209.60
Days on Market94

Property Features for 217 APOLLO BEACH BLVD

General Information

Standard status
Active
Size
21,469 SF
Property subtype
Retail, Industrial, Mixed Use

Building Details

Year Built
2004
Listing Agency: Aprile Real Estate, Inc.
Listed By: Jason Aprile · License #FL 3204780
Source: Crexi
Added: Apr 22 Changed: Jul 23 Last Checked: Jul 24 at 7:38AM

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 Aprile Real Estate, Inc.


Investment Insights

Based on property information with market context.

This mixed-use commercial building includes an approximately 11,000 SF warehouse available beginning August 2026. The warehouse features three grade-level overhead doors and a truck-well, with the option for a new tenant or owner/occupant. An additional approximately 1,014 SF retail/office space is available at the front, contiguous with the rear warehouse area.

The property is located just off US 41 on Apollo Beach Blvd, approximately 4 miles from Interstate 75. It offers multiple access points with right-in, right-out, and left-in, left-out entries on Apollo Beach Blvd and US 41. The building is shadow-anchored by Publix Supermarket, and it is across US 41 from Waterset, a newly developed 3,800 home community.

The overall offering totals 21,469 SF and presents a value-add investment opportunity with both rear warehouse functionality and front retail/office frontage along Apollo Beach Blvd.

Key Highlights

  • 21,469 SF mixed‑use commercial building built in 2004, located in Apollo Beach
  • 11,000 SF warehouse space available August 2026 with three grade‑level overhead doors and one truck‑well
  • Additional 1,014 SF retail/office space available fronting Apollo Beach Blvd, contiguous to the rear warehouse area

Financial Insights For Industrial

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 $394.2k $18.36
− Vacancy −$21.7k −$1.01
EGI $372.5k $17.35
− OpEx −$111.7k −$5.21
NOI $260.7k $12.15
21,469 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Industrial
$3.72M
$3.26M – $4.35M (±1% cap)
NOI $260,744 @ 7.0% cap · market cap 5.79%
Second Best
Flex RnD
$3.30M
$2.89M – $3.85M (±1% cap)
NOI $231,092 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$6.22M
$5.44M – $7.25M (±1% cap)
NOI $435,231 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Parking Lot & Garage Auto Repair Shop Grocery & Convenience Store Grocery & Convenience Store Big Box & Wholesale Store Plumbing Service Law Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Flex space - Mixed-use building offering warehouse space with multiple grade-level overhead doors and an additional fronting retail/office suite.
Where is this flex space located?
The property is located at 217 APOLLO BEACH BLVD Apollo Beach, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 21,469 SF mixed‑use commercial building built in 2004, located in Apollo Beach; 11,000 SF warehouse space available August 2026 with three grade‑level overhead doors and one truck‑well; Additional 1,014 SF retail/office space available fronting Apollo Beach Blvd, contiguous to the rear warehouse area
(813) 532-6432 Call to check price and availability
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