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Two-Story Office Building
For Sale
$1,249,000

311 S BREVARD Avenue, Tampa, FL 33606

Commercial Sale, TAMPA, FL

Property Size3,378 SF
Lot Size0.14 Acres
Price / SF$369.75
Days on Market99

Property Features for 311 S BREVARD Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning RO-1
Window features Aluminum Frames
Appliances Refrigerator
Subdivision WASHINGTONS
Lot features Historic District, City Limits, Sidewalk, Street Lights
Directions From South Blvd and Platt. East on Platt two streets to Brevard, Right on Brevard to address
Standard status Active
APN A-24-29-18-4ZV-000004-00011.0
Size 3,378 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WASHINGTON'S LOT 11 BLOCK 4
Tax Annual Amount 14081
Legal Description WASHINGTON'S LOT 11 BLOCK 4

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1898
Floors in Building 2
Flooring type Carpet, Hardwood
Building materials Vinyl Siding, Frame
Roof type Shingle
Listing Agency: KELLER WILLIAMS TAMPA CENTRAL · Keller Williams Realty
Listed By: Harvey Petty
Added: Jul 15 Changed: Oct 14 Last Checked: Oct 21 at 1:06AM
MLS# TB8527701

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,378-square-foot office building dates to 1898 and is arranged as two independently configured office spaces across two levels. The first floor includes a foyer, four offices, a smaller office, break area, restroom, 11-foot ceilings, hardwood flooring, period moldings, and three decorative fireplace mantels. The second floor adds three offices, a conference room, waiting or administrative area, breakroom, restroom, and 10-foot ceilings. An air-conditioned attic provides additional storage outside the heated building area.

Each office level has its own electrical meter and AC system. The property includes vinyl siding, frame construction, central heating, central air, public water, public sewer, and shingle roofing. Parking accommodates 3 vehicles at the front and another 4 to 5 spaces at the rear via the Platt Street alley, with additional street parking. The office is near Downtown, Water Street, Selmon Expy, and Bayshore Boulevard in Tampa’s Hyde Park office district.

Key Highlights

  • 3,378‑square‑foot office building on a 0.14‑acre lot
  • Two separate office spaces, each with its own electrical meter and AC system
  • First floor features four large offices, 11‑foot ceilings, hardwood floors, and three decorative fireplace mantels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,907
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,140 $918.1K
Cap Rate 7%
$655,814 $655.8K
Cap Rate 9%
$510,078 $510.1K
Market Conditions
NOI Build-Up for 3,378 SF
Gross rent
$81.1K $24.00/SF
− Vacancy
−$19.9K −$5.88/SF
EGI
$61.2K $18.12/SF
− OpEx
−$15.3K −$4.53/SF
NOI
$45.9K $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%
$918,140
Cap Rate 7%
$655,814
Cap Rate 9%
$510,078

Alternative Uses

Best Use
Office B
$655.8K
$573.8K – $765.1K (±1% cap)
NOI $45,907 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$787.0K
$688.6K – $918.1K (±1% cap)
NOI $55,088 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

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

Suggested Use

Top Pick Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store Tanning Salon

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

11 ft
Clear height
2
Office units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

8,225
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Separate office suites offer independent electrical meters and central air-conditioning systems within a historic frame building.
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 $1,249,000.
What are key features of this property?
This property features: 3,378‑square‑foot office building on a 0.14‑acre lot; Two separate office spaces, each with its own electrical meter and AC system; First floor features four large offices, 11‑foot ceilings, hardwood floors, and three decorative fireplace mantels
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