Medical Office with Two
4109 N ARMENIA Tampa, FL 33607
For Sale
Under Contract
$1,500,000
SINGLE_FAMILY - TAMPA, FL
Property Size3,990 SF
Lot Size0.37 Acres
Price / SF$375.94
Days on Market114
Property Features for 4109 N ARMENIA
General Information
Property type
Residential
Property subtype
Office
Zoning
CG
Security features
Security System
Appliances
Refrigerator
Standard status
Active Under Contract
APN
A-11-29-18-3J7-000005-00002.0
Size
3,990 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PRINCESS PARK NO 1 LOTS 2 3 AND 4 BLOCK 5 AND THE WEST 1/2 OF PLATTED VACATED ALLEY LYINGTO EAST
Tax Annual Amount
13778
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Flooring type
Tile, Vinyl
Building materials
Block
Roof type
Shingle
Listing Agency:
COLDWELL BANKER REALTY
(813) 286-6563
Listed By:
Mitchell Eckley · License #3361538
(813) 286-6563
Added: Apr 8
Changed: Jul 24
Last Checked: Jul 30 at 5:06AM
MLS# TB8495580
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 property is currently configured for medical use and includes two separate suites, creating flexibility for an owner-user to occupy one suite while renting the other. The site is described as being outside of a flood zone.
The property is positioned on a high-visibility corridor with convenient access to major roads and surrounding amenities. It is approximately 1 mile from St. Joseph’s Hospital and about 5 miles from Tampa International Airport.
Zoned CG, the space is presented as adaptable for medical, administrative, retail, or other office configurations, supporting a range of professional uses depending on tenant requirements.
The property is positioned on a high-visibility corridor with convenient access to major roads and surrounding amenities. It is approximately 1 mile from St. Joseph’s Hospital and about 5 miles from Tampa International Airport.
Zoned CG, the space is presented as adaptable for medical, administrative, retail, or other office configurations, supporting a range of professional uses depending on tenant requirements.
Key Highlights
- Two‑suite office building (medical office configuration) with the ability to adapt for other professional uses
- Zoned CG for medical, administrative, retail, or other office configurations
- Convenient utilities: public water and public sewer; central air and heat pump heating
Financial Insights For Healthcare Medical
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 | $105.3k | $26.40 |
| − Vacancy | −$8.4k | −$2.11 |
| EGI | $96.9k | $24.29 |
| − OpEx | −$38.8k | −$9.72 |
| NOI | $58.1k | $14.57 |
3,990 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$830.6K
$726.8K – $969.1K
NOI $58,145 @ 7.0% cap · market cap 3.88%
Second Best
Office B
$774.6K
$677.8K – $903.7K
NOI $54,224 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$929.6K
$813.4K – $1.08M
NOI $65,069 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Humane society — 3607 N Armenia Ave, Tampa, FL 33607
- Wellswood Midtown Animal Hospital — 4145 N Armenia Ave, Tampa, FL 33607
- Animal Hospital — 3709 N Armenia Ave, Tampa, FL 33607
Frequently Asked Questions
What type of property is this?
Medical Office Space - CG-zoned office property configured as medical office space, featuring two separate suites for flexible occupancy or rental income.
Where is this medical office space located?
The property is located at 4109 N ARMENIA Tampa, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two‑suite office building (medical office configuration) with the ability to adapt for other professional uses; Zoned CG for medical, administrative, retail, or other office configurations; Convenient utilities: public water and public sewer; central air and heat pump heating
