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Turnkey Office Building Near Downtown

4206 NEBRASKA AVENUE N Tampa, FL 33603

4206 NEBRASKA AVENUE N, Tampa, FL, 33603
$899,900
For Sale
$899,900

Two-story office building in Seminole Heights, minutes from Downtown Tampa.

Property Size2,048 SF
Lot Size0.31 Acres
Price / SF$439.40
Days on Market321

Property Features for 4206 NEBRASKA AVENUE N

General Information

Standard status
Active
Size
2,048 SF
Lot size
0.31 Acres
Property subtype
Commercial

Building Details

Year Built
1913
Listing agency SOUTH CEDAR REAL ESTATE, INC
Listed by GREG WILKERSON · License #SL3439534
Source Corcoran
Added: Sep 4, 2025 Updated: Jul 10 at 3:46PM Checked: Jul 21 at 5:33AM

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 SOUTH CEDAR REAL ESTATE, INC


Investment Insights

Based on property information with market context.

This two-story office building is located in the Seminole Heights neighborhood, minutes from Downtown Tampa. The property features a flexible layout suitable for multiple office configurations. It includes three restrooms and a full kitchen/breakroom. A detached garage provides additional storage or workspace. The property also features a fully fenced backyard, suitable for outdoor work areas or potential expansion. Onsite parking is available. The property benefits from visibility and signage opportunities. The second story can be leased separately, creating an additional income stream or allowing for a live/work or shared-office setup. Its location provides proximity to major commuter routes, including I-275, and is within walking distance of Seminole Heights’ restaurants, retail, and professional services. The property is suitable for professional offices, medical practices, creative studios, co-working spaces, or boutique agencies. The building size is 2048 square feet.

Key Highlights

  • Prime location in highly sought‑after Seminole Heights, minutes from Downtown Tampa and near major commuter routes (I‑275).
  • Flexible layout suitable for various business types with multiple office configurations.
  • Potential for additional income stream by leasing out the second story separately.

Local 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 $54.1k $26.40
− Vacancy −$4.3k −$2.11
EGI $49.7k $24.29
− OpEx −$19.9k −$9.72
NOI $29.8k $14.57
2,048 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$426.4K
$373.1K – $497.4K (±1% cap)
NOI $29,845 @ 7.0% cap · market cap 3.32%
Second Best
Office B
$397.6K
$347.9K – $463.9K (±1% cap)
NOI $27,832 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$477.1K
$417.5K – $556.7K (±1% cap)
NOI $33,399 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ash Dudney Photography Service BIB 'N TUX (Bike/Boat/Book/etc) Store Florida Teleprompter LLC Film Production Cactus Moon (Bike/Boat/Book/etc) Store Vintage River Productions, ... Film Production

Suggested Use

Dental Office Accounting Firm Law Firm Electrical Service Veterinary Clinic Gym & Fitness Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office building - Two-story office building in Seminole Heights, minutes from Downtown Tampa.
Where is this office building located?
The property is located at 4206 NEBRASKA AVENUE N Tampa, FL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Prime location in highly sought‑after Seminole Heights, minutes from Downtown Tampa and near major commuter routes (I‑275).; Flexible layout suitable for various business types with multiple office configurations.; Potential for additional income stream by leasing out the second story separately.
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