5550 W Executive Drive 250 TAMPA Tampa, FL 33609
Class A professional office condominium offering expansive waterfront views, multiple private balconies, and reserved covered parking.
Property Features for 5550 W Executive Drive 250 TAMPA
General Information
- Standard status
- Active
- Size
- 7,533 SF
Building Details
- Year Built
- 2007
Listing office (407) 890-1354
Listing date Jul 5, 2026
Source Therealestatecollection
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Investment Insights
Based on property information with market context.
Located at 5550 W Executive Drive, unit 250, in the Westshore CBD with a waterfront setting, the property benefits from a distinctive backdrop that is uncommon for typical office condominiums. The combination of water views and private outdoor space can be especially valuable for teams that prioritize a more premium, client-friendly atmosphere.
For buyers seeking a Class A office condominium, this asset provides a branded, finish-forward office footprint with private balcony access and covered parking. It is well suited for professional services and other office users looking for an ownership structure in a building positioned as Class “A,” while taking advantage of the property’s water-view character and reserved parking convenience.
Key Highlights
- Class A professional office condominium, built in 2007
- 5 stories with 1 building and 7,533 total building area
- Multiple private balconies and double pane / low‑emissivity windows with shades
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 |
