Class A Office
5550 W EXECUTIVE Drive Tampa, FL 33609
5550 W EXECUTIVE Drive, Tampa, FL, 33609
$3,650,000
For Sale
$3,650,000
SINGLE_FAMILY - TAMPA, FL
Property Size7,533 SF
Lot Size1.93 Acres
Price / SF$484.53
Days on Market63
Property Features for 5550 W EXECUTIVE Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- M-AP-4
- Parking features
- Underground/Basement
- Security features
- Security Lighting
- Window features
- Double Pane Windows
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- A-19-29-18-9E9-000000-00251.0
- Size
- 7,533 SF
- Lot size
- 1.93 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CYPRESS BAY CONDOMINIUM A COMMERCIAL CONDO PHASE 1 UNITS 251...252...253 AND UNDIV INT IN COMMON ELEMENTS
- Tax Annual Amount
- 47177
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Zoned, Central, Electric (Heating)
- Cooling system
- Zoned, Central Air
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 2007
- Floors in Building
- 3
- Flooring type
- Carpet
- Building materials
- Metal Frame
- Roof type
- Membrane
Listing agency
SMITH & ASSOCIATES REAL ESTATE
(813) 839-3800
Listed by
Kevin Platt · License #512251
(813) 361-5878
Added: May 20 Updated: Jul 20 at 8:49PM Checked: Jul 21 at 11:06AM
MLS# TB8508731
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.
Offered for sale is a Class “A” professional office condominium with expansive water views and multiple private balconies. The space is presented with attractive design and finishes throughout, and includes reserved, covered parking.
Located in the Westshore CBD area of Tampa, Florida, the property is identified as 5550 W EXECUTIVE Drive (33609) and is zoned M-AP-4. The office condominium totals 7,533 square feet.
Located in the Westshore CBD area of Tampa, Florida, the property is identified as 5550 W EXECUTIVE Drive (33609) and is zoned M-AP-4. The office condominium totals 7,533 square feet.
Key Highlights
- Class "A" professional office condominium in Westshore CBD with expansive waterfront views
- Year built 2007
- Multiple private balconies plus design and finish upgrades throughout the building
Local Financial Insights For Office B
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 | $180.8k | $24.00 |
| − Vacancy | −$44.3k | −$5.88 |
| EGI | $136.5k | $18.12 |
| − OpEx | −$34.1k | −$4.53 |
| NOI | $102.4k | $13.59 |
7,533 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.46M
$1.28M – $1.71M
NOI $102,373 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.75M
$1.54M – $2.05M
NOI $122,848 @ 7.0% cap · market cap 3.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Omega Healthcare
Corporate Office
Thomas Financial
Insurance Agency
Cornerstone Consulting, Inc.
(Bike/Boat/Book/etc) Store
HealthEdge Investment Partners
Financial Advisor
Brenton J. Ross, ...
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Class A office condominium featuring expansive water views, multiple private balconies, and reserved covered parking.
Where is this office units located?
The property is located at 5550 W EXECUTIVE Drive Tampa, FL.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Class "A" professional office condominium in Westshore CBD with expansive waterfront views; Year built 2007; Multiple private balconies plus design and finish upgrades throughout the building
