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Two-Story Office Condominium with Storage

3816 GUNN HIGHWAY Tampa, FL 33618

Claim this Listing
Pending
$695,000

Office - TAMPA, FL

Type:Office
Property size:
3,000 SF
Lot size:
0.07 Acres
Added:
Feb 26, 2026
Days on Market:
138
Last Refresh:
Jul 14 at 3:06 am

Property Features for 3816 GUNN HIGHWAY

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
CG
Standard status
Pending
APN
U-21-28-18-14J-000000-03816.0
Size
3,000 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8909

Utilities

Cooling system
Central Air

Building Details

Year built
1985
Building materials
Block, Stucco
Architectural style
Other

Listing agent Alexander Lucke License #3351552

Listing office KELLER WILLIAMS TAMPA PROP. 5020 W Linebaugh Ave Ste 100, Tampa, FL

Listing date Feb 26, 2026

MLS# TB8480942 Listing URL

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.

3816 Gunn Highway is a two-story office condominium within the One Carrollwood Place office complex. The building was constructed in 1985 and offers approximately 3,000 square feet across two levels, with a mix of private executive offices, conference space, and open work areas. Window lines run throughout to provide natural light in the office environment.

A prominent feature is the approximately 750-square-foot open storage and operational suite positioned immediately to the left upon entry. This space has removed drop ceilings with exposed height, concrete flooring, integrated lighting, and direct restroom access. The two-story configuration supports departmental separation and potential reconfiguration into multiple areas depending on how the space is owned and utilized. The property is located along Gunn Highway with immediate access to Dale Mabry Highway and the Veterans Expressway.

This layout is well-suited to an owner-user seeking professional office space paired with built-in back-of-house functionality for staging, storage, archives, IT infrastructure, or light distribution. It can also work for investors looking for a flexible condominium asset within an established office complex, with both office and operational capacity incorporated into the same property.

Key Highlights

  • Two‑story office condominium in the One Carrollwood Place office complex
  • Built in 1985 with central air; exterior materials include block and stucco
  • Approximately 3,000 SF total across two floors, with private executive offices, conference space, and open work areas

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 $72.0k $24.00
− Vacancy −$17.6k −$5.88
EGI $54.4k $18.12
− OpEx −$13.6k −$4.53
NOI $40.8k $13.59
3,000 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$582.4K
$509.6K – $679.5K (±1% cap)
NOI $40,770 @ 7.0% cap · market cap 5.87%
Second Best
Flex RnD
$565.6K
$494.9K – $659.9K (±1% cap)
NOI $39,593 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$698.9K
$611.6K – $815.4K (±1% cap)
NOI $48,924 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

CSM South Electronics & Wireless Store

Suggested Use

Big Box & Wholesale Store Auto Parts Store Storage Facility Building Supply Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Hotel & Motel

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

FAQs

What type of property is this?
Office units - Two-story office condo in a maintained complex, featuring an adjacent open storage and operational suite with direct restroom access.
Where is this office units located?
The property is located at 3816 GUNN HIGHWAY Tampa, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two‑story office condominium in the One Carrollwood Place office complex; Built in 1985 with central air; exterior materials include block and stucco; Approximately 3,000 SF total across two floors, with private executive offices, conference space, and open work areas
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