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Renovated Office Building
New
For Sale
$549,000

710 1ST SW, Largo, FL 33770

A flexible office layout includes private work areas, a conference room, a kitchen, and a fenced rear patio.

Property Size3,060 SF
Price / SF$179.41
Days on Market3

Property Features for 710 1ST SW

General Information

Standard status Active
Size 3,060 SF
Property subtype Commercial

Site & Location

Traffic Count 40,000 vehicles/day
Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,696

Amenities

nine private offices
large conference room
two bathrooms
dedicated storage areas
IT closet
private rear paver patio enclosed by privacy fencing
fully functional kitchen with appliances and granite countertops

Building Details

Building Size 3,060 SF
Year Built 1972
Buildings 1
Construction block
Listing Agency: VIEWPOINT REALTY INTERNATIONAL
Listed By: Anthony Maccaroni · License #3304442
Source: Elliman
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:34AM

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 VIEWPOINT REALTY INTERNATIONAL

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Investment Insights

Based on property information with market context.

This renovated, 3,060-square-foot block-construction office building has nine private offices and a large conference room that can be reconfigured for two to three additional offices. Three offices connect through shared doors. Natural light, luxury vinyl plank flooring in common areas, and commercial carpet in most offices complement the workspaces. The property also includes a kitchen with appliances and granite countertops, two bathrooms, storage areas, an IT closet, and a private rear patio enclosed by privacy fencing. The roof was replaced in 2018.

The property is near the intersection of Clearwater-Largo Road and West Bay Drive, where the combined daily traffic count is approximately 40,000 vehicles. The location provides access to St. Petersburg, Tampa, the Pinellas Beaches, and North Pinellas County. Allowable uses are subject to the permitted-use chart.

Key Highlights

  • 3,060 SF block‑construction office building
  • Nine private offices and a large conference room; the room can be converted to two to three additional offices
  • Three offices connect through common doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,511
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,220 $950.2K
Cap Rate 7%
$678,729 $678.7K
Cap Rate 9%
$527,900 $527.9K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$79.7K $26.04/SF
− Vacancy
−$16.3K −$5.34/SF
EGI
$63.3K $20.70/SF
− OpEx
−$15.8K −$5.18/SF
NOI
$47.5K $15.53/SF
Area
Pinellas County, FL
Vacancy
20.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,220
Cap Rate 7%
$678,729
Cap Rate 9%
$527,900

Alternative Uses

Best Use
Office B
$678.7K
$593.9K – $791.9K (±1% cap)
NOI $47,511 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.9K
$696.4K – $928.6K (±1% cap)
NOI $55,715 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Auto Parts Store Parking Lot & Garage Restaurant Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,202
Businesses Nearby

Demographics for 33770, FL

25,475
Population
13,417
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$58,071
Median Household Income
$39,354
Median Earnings
$1,481
Median Rent
$245,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - A flexible office layout includes private work areas, a conference room, a kitchen, and a fenced rear patio.
Where is this office building located?
The property is located at 710 1ST SW Largo, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,060 SF block‑construction office building; Nine private offices and a large conference room; the room can be converted to two to three additional offices; Three offices connect through common doors
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