Office Building with Owner-User
For Sale
$1,150,000
3410 E 7TH, Tampa, FL 33605
Flexible office property with leased space, available occupancy, on-site parking, and a 2024 roof replacement.
Property Size6,700 SF
Lot Size0.33 Acres
Price / SF$171.64
Days on Market51
Property Features for 3410 E 7TH
General Information
Standard status
Active
Size
6,700 SF
Lot size
0.33 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Palmetto Beach Community Association, Inc.
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,756
Building Details
Building Size
6,700 SF
Year Built
1948
Buildings
1
Listing Agency:
James N. Paxton
Listed By:
Kristoffer Slaven · License #3302872
(813) 428-4976
Source:
Elliman
Added: Sep 16
Changed: Oct 29
Last Checked: Nov 4 at 11:54AM
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 James N. Paxton
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 6,700-square-foot office and commercial building provides a combination of existing occupancy and user-controlled space. Approximately 2,400 square feet is leased, while approximately 4,300 square feet is available for an owner-occupant or future leasing. On-site parking supports the property, and a new roof was installed in 2024. Constructed in 1948, the building sits on approximately 0.33 acres.
Located at 3410 E 7th Avenue in Tampa, the property is positioned near Historic Ybor City, Downtown Tampa, Channelside, and the Port of Tampa. Interstate 4, Interstate 275, and the Selmon Expressway are among the nearby transportation corridors. The location records a bike score of 57, a walk score of 55, and a transit score of 41.
Located at 3410 E 7th Avenue in Tampa, the property is positioned near Historic Ybor City, Downtown Tampa, Channelside, and the Port of Tampa. Interstate 4, Interstate 275, and the Selmon Expressway are among the nearby transportation corridors. The location records a bike score of 57, a walk score of 55, and a transit score of 41.
Key Highlights
- 6,700‑square‑foot office and commercial building
- Approximately 2,400 square feet leased and approximately 4,300 square feet available
- New roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,053
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,821,060
$1.8M
Cap Rate 7%
$1,300,757
$1.3M
Cap Rate 9%
$1,011,700
$1.0M
Market Conditions
NOI Build-Up for 6,700 SF
Gross rent
$160.8K $24.00/SF
− Vacancy
−$39.4K −$5.88/SF
EGI
$121.4K $18.12/SF
− OpEx
−$30.4K −$4.53/SF
NOI
$91.1K $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%
$1,821,060
Cap Rate 7%
$1,300,757
Cap Rate 9%
$1,011,700
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,053 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,264 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
Explore this area
Business Placement
Demographics for 33605, FL
18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Office in Tampa, FL
Frequently Asked Questions
What type of property is this?
Office building - Flexible office property with leased space, available occupancy, on-site parking, and a 2024 roof replacement.
Where is this office building located?
The property is located at 3410 E 7TH Tampa, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 6,700‑square‑foot office and commercial building; Approximately 2,400 square feet leased and approximately 4,300 square feet available; New roof installed in 2024
