Two-Story Office
311 S BREVARD AVENUE Tampa, FL 33606
New
311 S BREVARD AVENUE, Tampa, FL, 33606
$1,297,000
For Sale
$1,297,000
Two separate office suites are arranged across first and second floors with independent electrical meters and HVAC systems.
Property Size3,871 SF
Price / SF$335.06
Days on Market6
Property Features for 311 S BREVARD AVENUE
General Information
- Standard status
- Active
- Size
- 3,871 SF
- Property subtype
- Office
Building Details
- Year Built
- 1898
Listing Agency
KELLER WILLIAMS TAMPA CENTRAL
(813) 865-0700
Listed by
Harvey Petty · License #3223662
Source
Endlesssummerrealty
Added: Jul 15 Updated: Jul 18 at 1:58 am Checked: Jul 19 at 4:20 am
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 KELLER WILLIAMS TAMPA CENTRAL
Investment Insights
Based on property information with market context.
This two-story office building was moved to its current site approximately 28 years ago and installed with a new foundation and new water and sewer to the street at that time. The property is currently configured as two separate office spaces, with a first-floor and second-floor layout, each served by its own electrical meter and AC systems.
The first floor includes a front foyer waiting area, four large offices, a galley break area, an additional small office accessible from the break area or one of the offices, and a restroom. This level features 11-foot ceilings, solid oak floors, period moldings, and three decorative original fireplace mantles. A foyer staircase leads to the second level, which offers three large offices, a conference room that could also serve as a fourth office, a median office or waiting room, a restroom, and a galley breakroom. The second floor has 10-foot ceilings, plus a small staircase to air-conditioned storage in the third-floor attic (not included in the heated square footage).
An exterior door from the break area provides access to a rear exit staircase. Parking includes space for three cars in front and four to five spaces in the back, accessed via the Platt Street alley, along with street parking. The property is described as being close to Downtown, Water Street, Selmon Expy, and Bayshore Boulevard.
The first floor includes a front foyer waiting area, four large offices, a galley break area, an additional small office accessible from the break area or one of the offices, and a restroom. This level features 11-foot ceilings, solid oak floors, period moldings, and three decorative original fireplace mantles. A foyer staircase leads to the second level, which offers three large offices, a conference room that could also serve as a fourth office, a median office or waiting room, a restroom, and a galley breakroom. The second floor has 10-foot ceilings, plus a small staircase to air-conditioned storage in the third-floor attic (not included in the heated square footage).
An exterior door from the break area provides access to a rear exit staircase. Parking includes space for three cars in front and four to five spaces in the back, accessed via the Platt Street alley, along with street parking. The property is described as being close to Downtown, Water Street, Selmon Expy, and Bayshore Boulevard.
Key Highlights
- 1898 office building totaling 3,378 SF, configured as 2 separate office spaces on the first and second floors
- Each suite has its own electrical meter and AC systems for independent servicing
- First floor features a front foyer, 4 large offices, galley break area, small office, and restroom; 11‑ft ceilings and solid oak floors
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 | $92.9k | $24.00 |
| − Vacancy | −$22.8k | −$5.88 |
| EGI | $70.1k | $18.12 |
| − OpEx | −$17.5k | −$4.53 |
| NOI | $52.6k | $13.59 |
3,871 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$751.5K
$657.6K – $876.8K
NOI $52,607 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$901.8K
$789.1K – $1.05M
NOI $63,128 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Law Offices of David ...
Law Firm
Rick Silverman, P.A.
Law Firm
Rice Psychology Group
Physician
Beth Raulerson, REALTOR®
Real Estate Agency
Live Job Shadow
Association Or Organization
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FAQs
What type of property is this?
Office building - Two separate office suites are arranged across first and second floors with independent electrical meters and HVAC systems.
Where is this office building located?
The property is located at 311 S BREVARD AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $1,297,000.
What are key features of this property?
This property features: 1898 office building totaling 3,378 SF, configured as 2 separate office spaces on the first and second floors; Each suite has its own electrical meter and AC systems for independent servicing; First floor features a front foyer, 4 large offices, galley break area, small office, and restroom; 11‑ft ceilings and solid oak floors
