Turnkey Office Building Near
For Sale
$899,900
4206 NEBRASKA AVENUE N, Tampa, FL 33603
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 Market331
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
(813) 230-3811
Listed By:
GREG WILKERSON · License #SL3439534
Source:
Corcoran
Added: Sep 4, 2025
Changed: Jul 10
Last Checked: Jul 30 at 7:27AM
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.
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
NOI $29,845 @ 7.0% cap · market cap 3.32%
Second Best
Office B
$397.6K
$347.9K – $463.9K
NOI $27,832 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$477.1K
$417.5K – $556.7K
NOI $33,399 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,330
Businesses Nearby
Explore this area
Business Placement
Demographics for 33603, FL
19,070
Population
9,592
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,651
Density / Sq Mi
$64,632
Median Household Income
$43,136
Median Earnings
$1,320
Median Rent
$344,100
Median Home Value
Market
Vacancy Rate% for Office in Tampa, FL
Questions? Ask Rey
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Frequently Asked Questions
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.
