Boutique Office Property With
For Sale
$825,000
3411 N 29TH STREET, Tampa, FL 33605
Rare professional office with expansion potential in East Tampa.
Property Size2,840 SF
Lot Size0.12 Acres
Price / SF$290.49
Days on Market278
Property Features for 3411 N 29TH STREET
General Information
Standard status
Active
Size
2,840 SF
Lot size
0.12 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Jackson Heights Neighborhood Associated & Crime Watch
Taxes and HOA fees
Annual Taxes
$7,412
Amenities
Central air
Pool
Public Pool
Accessible Hallway(s)
Accessible Kitchen
Accessible Kitchen Appliances
Central Air Cooling
Customized Wheelchair Accessible
Laminate Flooring
Building Details
Year Built
1948
Listing Agency:
SELLSTATE COASTAL REALTY
(813) 940-0101
Listed By:
ERIOLA GOLDMAN · License #3314901
(239) 464-2510
Source:
Corcoran
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 25 at 4:41AM
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 SELLSTATE COASTAL REALTY
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Investment Insights
Based on property information with market context.
This boutique professional office property is located in the rapidly evolving East Tampa market and offers room for expansion. The property features seven private offices and a functional layout ideal for professional users. Additional land allows for the potential development of a second building, creating an opportunity for future expansion or increased income. Designed for flexibility, the property is well suited for professional services, medical support offices, real estate firms, consulting groups, insurance, accounting, or small business operators seeking a centrally located Tampa presence. With convenient access to major roadways, downtown Tampa, Ybor City, and surrounding commercial corridors, the location supports both owner-users and investors looking for long-term growth in a high-demand area. The property offers versatility, scalability, and strong upside potential and measures 2840 square feet.
Key Highlights
- Rare boutique professional office property in the rapidly evolving East Tampa market.
- Seven private offices and a functional layout ideal for professional users.
- Versatile property suitable for various professional services, medical support, or small businesses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,596
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,920
$771.9K
Cap Rate 7%
$551,371
$551.4K
Cap Rate 9%
$428,844
$428.8K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$68.2K $24.00/SF
− Vacancy
−$16.7K −$5.88/SF
EGI
$51.5K $18.12/SF
− OpEx
−$12.9K −$4.53/SF
NOI
$38.6K $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%
$771,920
Cap Rate 7%
$551,371
Cap Rate 9%
$428,844
Alternative Uses
Best Use
Office B
$551.4K
$482.5K – $643.3K
NOI $38,596 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$661.6K
$578.9K – $771.9K
NOI $46,315 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
642
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tampa, FL
Frequently Asked Questions
What type of property is this?
Office building - Rare professional office with expansion potential in East Tampa.
Where is this office building located?
The property is located at 3411 N 29TH STREET Tampa, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Rare boutique professional office property in the rapidly evolving East Tampa market.; Seven private offices and a functional layout ideal for professional users.; Versatile property suitable for various professional services, medical support, or small businesses.
