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Office Building with Separate Suites

311 S BREVARD Avenue Tampa, FL 33606

311 S BREVARD Avenue, Tampa, FL, 33606
$1,297,000
For Sale
$1,297,000

SINGLE_FAMILY - TAMPA, FL

Property Size3,378 SF
Lot Size0.14 Acres
Price / SF$383.96
Days on Market8

Property Features for 311 S BREVARD Avenue

General Information

Property type
Residential
Property subtype
Office
Zoning
RO-1
Window features
Aluminum Frames
Appliances
Refrigerator
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

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
Hardwood, Carpet
Building materials
Vinyl Siding, Frame
Roof type
Shingle
Listing agency KELLER WILLIAMS TAMPA CENTRAL
Listed by Harvey Petty · License #3223662
Added: Jul 15 Updated: Jul 21 at 11:14PM Checked: Jul 22 at 2:06AM
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.


Investment Insights

Based on property information with market context.

This office building is currently configured as two separate office spaces, arranged first floor and second floor, with their own electrical meter and AC systems. The first floor features a front foyer waiting area, four large offices, a galley break area, a small office accessible from the break area or one of the offices, and a restroom, with approximately 11-foot ceilings, solid oak floors, period moldings, and three decorative original fireplace mantles. The second level includes three large offices, a conference room that could serve as a fourth office, a median office or waiting room, a restroom, and a galley breakroom, with approximately 10-foot ceilings. A small staircase leads to air-conditioned storage in the third-floor attic, which is not counted in the heated square footage.

The building was moved to its current site about 28 years ago and was installed with a new foundation and new water and sewer to the street at that time. Located in the Hyde Park office district, the property is described as close to Downtown, Water Street, Selmon Expy, and Bayshore Boulevard. Parking includes three spaces in front and another four to five spaces in the rear accessed through the Platt street alley, with additional street parking. Zoning is RO-1.

Key Highlights

  • 3,378 SF office building built in 1898, configured as 2 separate office spaces (first floor and second floor)
  • Each floor has its own electrical meter and AC systems
  • First floor layout includes front foyer waiting area, 4 large offices, galley break area, small office, and restroom (11 ft ceilings)

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 $81.1k $24.00
− Vacancy −$19.9k −$5.88
EGI $61.2k $18.12
− OpEx −$15.3k −$4.53
NOI $45.9k $13.59
3,378 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$655.8K
$573.8K – $765.1K (±1% cap)
NOI $45,907 @ 7.0% cap · market cap 3.54%
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 4.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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

Suggested Use

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

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

FAQs

What type of property is this?
Office building - Two separate first- and second-floor office spaces with individual meters and AC systems, plus on-site parking.
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: 3,378 SF office building built in 1898, configured as 2 separate office spaces (first floor and second floor); Each floor has its own electrical meter and AC systems; First floor layout includes front foyer waiting area, 4 large offices, galley break area, small office, and restroom (11 ft ceilings)
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