Renovated Office Building in
4409 W El Prado Boulevard, Tampa, FL 33629
For Sale
$1,749,000
Fully renovated office building in South Tampa's exclusive corridor.
Property Size4,410 SF
Price / SF$396.60
Days on Market248
Property Features for 4409 W El Prado Boulevard
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
KELLER WILLIAMS TAMPA CENTRAL
Listed By:
Brian Hahs · License FL #3460665
(813) 928-0255
Source:
Fulcrum-residential
Added: Mar 10
Changed: Nov 11
Last Checked: Oct 4 at 12:08PM
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 KELLER WILLIAMS TAMPA CENTRAL
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Investment Insights
Based on property information with market context.
This fully renovated office building is located on El Prado Boulevard in South Tampa. The property offers visibility, accessibility, and prestige. The building features a modern, high-quality professional office build-out, designed with functionality and sophistication. The versatile layout includes a mix of private offices, open collaborative workspaces, conference rooms, and welcoming reception areas. Ample windows provide natural light. The property has been updated with contemporary finishes and upgraded systems. The location is surrounded by upscale residential neighborhoods, dining, and retail, and is minutes from Downtown Tampa, Westshore, and Tampa International Airport. It offers convenient access to major roadways. This property is suitable for professionals in law, finance, medical, or creative industries, or for an investor looking to capture the demand for quality office space.
Key Highlights
- Fully renovated, first‑class office building in a highly desirable South Tampa location on El Prado Boulevard.
- Versatile layout with private offices, collaborative workspaces, conference rooms, and welcoming reception areas.
- Exceptional visibility, accessibility, and prestige for a thriving business or investment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,932
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,640
$1.2M
Cap Rate 7%
$856,171
$856.2K
Cap Rate 9%
$665,911
$665.9K
Market Conditions
NOI Build-Up for 4,410 SF
Gross rent
$105.8K $24.00/SF
− Vacancy
−$25.9K −$5.88/SF
EGI
$79.9K $18.12/SF
− OpEx
−$20.0K −$4.53/SF
NOI
$59.9K $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%
$1,198,640
Cap Rate 7%
$856,171
Cap Rate 9%
$665,911
Alternative Uses
Best Use
Office B
$856.2K
$749.2K – $998.9K
NOI $59,932 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$899.0K – $1.20M
NOI $71,918 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
Demographics for 33629, FL
26,394
Population
11,237
Households
2.3
Avg Household Size
41
Median Age
77%
College-Educated
98%
High-School Grad
4.8 sq mi
ZIP Area
5,499
Density / Sq Mi
$158,337
Median Household Income
$88,821
Median Earnings
$1,758
Median Rent
$764,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Tampa, FL
Properties on Market for Office buildings in Tampa
Vacancy Rate% for Office in Tampa, FL
Frequently Asked Questions
What type of property is this?
Office building - Fully renovated office building in South Tampa's exclusive corridor.
Where is this office building located?
The property is located at 4409 W El Prado Boulevard Tampa, FL.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Fully renovated, first‑class office building in a highly desirable South Tampa location on El Prado Boulevard.; Versatile layout with private offices, collaborative workspaces, conference rooms, and welcoming reception areas.; Exceptional visibility, accessibility, and prestige for a thriving business or investment.
