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Office Building with Owner-User Space
For Sale
$1,150,000

3410 E 7th Ave, Tampa, FL 33605

Office and commercial property with leased space, owner-user availability, on-site parking, and a roof installed in 2024.

Property Size6,700 SF
Lot Size0.33 Acres
Price / SF$171.64
Days on Market88

Property Features for 3410 E 7th Ave

General Information

Standard status Active
Size 6,700 SF
Lot size 0.33 Acres

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1948
Buildings 1
Building Size 6,700 SF
Listing Agency: REAL ESTATE FIRM OF FLORIDA, LLC
Listed By: Kristoffer Slaven · License #3302872
Source: Livewelltampabay
Added: Jul 21 Changed: Oct 1 Last Checked: Oct 7 at 5:15PM

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 REAL ESTATE FIRM OF FLORIDA, LLC

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Investment Insights

Based on property information with market context.

Built in 1948, this office and commercial building contains 6,700 square feet on approximately 0.33 acres. Approximately 2,400 square feet is leased, while approximately 4,300 square feet is available for occupancy or future leasing. The property includes on-site parking and has a new roof installed in 2024.

Located at 3410 E. 7th Avenue in Tampa, the building sits along a recognized commercial corridor 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 routes. The combination of existing leased area and available interior space supports both continued leasing and owner occupancy.

Key Highlights

  • 6,700‑square‑foot office and commercial building
  • Approximately 2,400 square feet currently under lease
  • Approximately 4,300 square feet available for occupancy or leasing

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 (±1% cap)
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 (±1% cap)
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

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Current Use

WR Event Center Hotel & Motel

Suggested Use

Top Pick Dental Office Pharmacy Nail Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Hair 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

729
Businesses Nearby

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
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 - Office and commercial property with leased space, owner-user availability, on-site parking, and a roof installed in 2024.
Where is this office building located?
The property is located at 3410 E 7th Ave 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 currently under lease; Approximately 4,300 square feet available for occupancy or leasing
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