Freestanding Office
5813 and 5815 S MACDILL AVENUE Tampa, FL 33611
5813 and 5815 S MACDILL AVENUE, Tampa, FL, 33611
$1,490,000
For Sale
$1,490,000
Two block-constructed professional office buildings with efficient floor plans, each featuring multiple offices and restrooms.
Property Size3,522 SF
Price / SF$423.06
Days on Market15
Property Features for 5813 and 5815 S MACDILL AVENUE
General Information
- Standard status
- Active
- Size
- 3,522 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing Agency
SMITH & ASSOCIATES REAL ESTATE
(813) 839-3800
Listed by
Kevin Platt · License #512251
Source
Endlesssummerrealty
Added: Jul 7 Updated: Jul 20 at 4:41 am Checked: Jul 20 at 4:41 am
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 SMITH & ASSOCIATES REAL ESTATE
Investment Insights
Based on property information with market context.
This offering includes two freestanding professional office buildings at 5813 and 5815 S MacDill Avenue. Both buildings are block-constructed and feature efficient floor plans with six offices, two restrooms, and a break area in each building. A new roof was installed in 2025, and each property includes on-site parking.
The properties are located along the rapidly redeveloping MacDill Avenue corridor in South Tampa. The on-site parking lot was recently resurfaced, and signage is available. Owner occupancy is possible as leases are described as short term.
The buildings are shown by appointment only with reasonable notice.
The properties are located along the rapidly redeveloping MacDill Avenue corridor in South Tampa. The on-site parking lot was recently resurfaced, and signage is available. Owner occupancy is possible as leases are described as short term.
The buildings are shown by appointment only with reasonable notice.
Key Highlights
- Two free‑standing professional office buildings (5813 and 5815) on MacDill Avenue in South Tampa
- Year built 2006; block construction buildings with efficient floor plans
- Each building offers 6 offices, 2 restrooms, and a break area
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 | $84.5k | $24.00 |
| − Vacancy | −$20.7k | −$5.88 |
| EGI | $63.8k | $18.12 |
| − OpEx | −$16.0k | −$4.53 |
| NOI | $47.9k | $13.59 |
3,522 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$683.8K
$598.3K – $797.7K
NOI $47,864 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$820.5K
$718.0K – $957.3K
NOI $57,437 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Area Real Estate, ...
Real Estate Agency
Blog - Area Realty
Real Estate Agency
Agentry Real Estate
Real Estate Agency
Elevation Architecture, Inc.
Architect
Paper Elephant Studio
Marketing & Advertising
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FAQs
What type of property is this?
Office building - Two block-constructed professional office buildings with efficient floor plans, each featuring multiple offices and restrooms.
Where is this office building located?
The property is located at 5813 and 5815 S MACDILL AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Two free‑standing professional office buildings (5813 and 5815) on MacDill Avenue in South Tampa; Year built 2006; block construction buildings with efficient floor plans; Each building offers 6 offices, 2 restrooms, and a break area
