Back to Search

Free Standing Office Building

550 E BAY Dr, Largo, FL 33770

View on Map

For Sale

$890,000

3,212 SF office building on a 0.46-acre corner lot.

Type:Commercial

Property size:

3,212 SF

Lot size:

0.46 Acres

Price / SF:

$277/SF

HighLights

Highly visible corner location on East Bay Drive with excellent signage and parking.
Billboard on site generates income for the property owner.
3,212 SF free‑standing office building suitable for various professional office uses.
.46 acre corner lot with 165' frontage on East Bay Drive.
Includes 8 private offices, reception and office areas, kitchen/break room, and 3 restrooms.
Located near Largo Central Park.

We can help!

Listing Contact

Elliott Ross

Learn more

For Sale

$890,000

3,212 SF office building on a 0.46-acre corner lot.

Type:Commercial

Property size:

3,212 SF

Lot size:

0.46 Acres

Price / SF:

$277/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 4:08 pm

Property Features for 550 E BAY Dr

General Information

Standard status: Active
Size: 3,212 SF
Lot size: 0.46 Acres
Property subtype: Commercial

Building Details

Year Built: 1961

We can help!

Listing Contact

Elliott Ross

Listing agent Elliott Ross License #3079811

Listing office Ross Marketing Group LLC

Listing date Apr 24, 2026

Source Elliman

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 Ross Marketing Group LLC

HighLights

Highly visible corner location on East Bay Drive with excellent signage and parking.
Billboard on site generates income for the property owner.
3,212 SF free‑standing office building suitable for various professional office uses.
.46 acre corner lot with 165' frontage on East Bay Drive.
Includes 8 private offices, reception and office areas, kitchen/break room, and 3 restrooms.
Located near Largo Central Park.

Overview

This 3,212 square foot free-standing office building is situated on a 0.46-acre corner lot. The property benefits from a highly visible location at the corner of East Bay Drive and 6th Street NE, featuring 165 feet of frontage on East Bay Drive and a 117-foot depth. Formerly the home of a long-established insurance company, the building's layout includes 8 private offices, reception and office areas, a kitchen/break room, and 3 restrooms. Excellent signage and parking are available. A billboard on-site generates income for the property owner. The zoning is CG General Commercial within the City of Largo. The property is near Largo Central Park. The layout is suitable for general office, insurance, mortgage, or real estate offices.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$83.6k	$26.04
− Vacancy	−$17.1k	−$5.34
EGI	$66.5k	$20.70
− OpEx	−$16.6k	−$5.18
NOI	$49.9k	$15.53

3,212 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$712.4K

$623.4K – $831.2K (±1% cap)

NOI $49,871 @ 7.0% cap · market cap 5.60%

Second Best

—

no second resolved use

Theoretical Best

Office A

$835.5K

$731.0K – $974.7K (±1% cap)

NOI $58,483 @ 7.0% cap · market cap 6.57%

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

Location Intelligence

Current Use by Public Records

National General Discount Store

Suggested Use

Location Insight

Map
Local Demand

City: Largo
County: Pinellas
State: Florida
Longitude: -82.782021
Latitude: 27.916911

Nearby Similar for Sale

$1,785,000

3,520 SF

Mixed-Use Development Opportunity in Largo

High-traffic location suitable for retail, medical, or flex development.

191 BELCHER ROAD S, LARGO, FL 33771

View Details
$1,499,900

6,696 SF

Largo Office Building For Sale

Well-maintained commercial property with high visibility and accessibility.

12597 WALSINGHAM ROAD, LARGO, FL 33774

View Details
$799,000

2,880 SF

Income-Producing Largo Quadruplex

Fully leased quadruplex in Largo with immediate income potential.

122 WERTZ DRIVE, LARGO, FL 33771

View Details
$560,000

1,526 SF

Renovated Professional Office in Largo

Move-in ready office with functional layout and high visibility.

12574 INDIAN ROCKS ROAD, LARGO, FL 33774

View Details
$3,850,000

20,547 SF

Block Office Building with Parking

Busy corner office building with recent HVAC and roof updates, offering investor income and room to stabilize vacancies.

2700 E BAY DRIVE, LARGO, FL 33771

View Details
$430,000

1,592 SF

Updated Duplex with Private Yards

Two-unit rental duplex with fenced backyards, tiled flooring, and updated interiors designed for comfortable occupancy.

11301 110TH TERRACE, LARGO, FL 33778

View Details
$1,340,000

7,250 SF

Retail Property on West Bay

Retail property on a corner lot with high frontage.

1400 W BAY DRIVE, LARGO, FL 33770

View Details
$374,003

2,151 SF

Largo Triplex Income Property

Income-producing triplex near beaches and local attractions in Largo, FL.

1705 N JEFFERSON AVENUE, LARGO, FL 33770

View Details
$1,449,900

7,722 SF

Largo Commercial Property: Multi-Building Layout

Versatile commercial property in Largo, Florida, ideal for owner-user.

11151 66TH St, Largo, FL 33773

View Details
$419,000

1,718 SF

Duplex with Separate Utilities

Well-maintained one-story duplex offering separate electric and water service, ideal for income-oriented buyers seeking stability.

118 LAKE AVENUE SE, LARGO, FL 33771

View Details
$495,999

2,294 SF

Dual-Unit Duplex with Screened Patio

Two well-kept 2BR/1BA units with screened patio, fenced yard, and separate electric meters—ideal for owner-occupancy and rental income.

616 HERITAGE LANE, LARGO, FL 33770

View Details
$548,900

2,480 SF

Lake Palms Duplex with Yard

Well-maintained duplex in Largo's Lake Palms subdivision with private yard.

2824 Meadow View Ave, Largo, FL 33771

View Details

For sale
Office buildings
FL
Largo
33770
550 E BAY Dr

What type of property is this?

Office building - 3,212 SF office building on a 0.46-acre corner lot.

Where is this office building located?

The property is located at 550 E BAY Dr Largo, FL.

What is the asking price?

The asking price for this property is $890,000.

What are key features of this property?

This property features: Highly visible corner location on East Bay Drive with excellent signage and parking.; Billboard on site generates income for the property owner.; 3,212 SF free‑standing office building suitable for various professional office uses.