Hyde Park Mixed-Use
For Sale
$1,075,000
806 W De Leon St, Tampa, FL 33606
Mixed-use property in Hyde Park, potential live-work space.
Property Size2,906 SF
Price / SF$369.92
Days on Market215
Property Features for 806 W De Leon St
General Information
Standard status
Active
Size
2,906 SF
Site & Location
Neighborhood
Hyde Park Spanishtown Creek Civic Association
Building Details
Year Built
1908
Listing Agency:
SMITH & ASSOCIATES REAL ESTATE
Listed By:
Kevin Platt · License #512251
(813) 361-5878
Source:
Chenoregroup
Added: Mar 26
Changed: Oct 26
Last Checked: Oct 7 at 12:59PM
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
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Investment Insights
Based on property information with market context.
This mixed-use property is located in Hyde Park, offering potential as a live-work space. The property features a newer roof and HVAC units. It is situated close to Hyde Park Village, Downtown, and Bayshore Boulevard, suggesting a location with high barriers to entry. The building is equipped with 3 electric meters and provides on-site parking with alley access, complemented by on-street parking options. The ground floor includes professional office space available for short-term lease. The property has a size of 2906 square feet.
Key Highlights
- Prime Hyde Park Location: Close proximity to Hyde Park Village, Downtown, and Bayshore Boulevard.
- Mixed‑Use Potential: Suitable for live‑work arrangements.
- Newer Roof and HVAC: Indicates recent upgrades and reduced maintenance costs.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,231
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,620
$784.6K
Cap Rate 7%
$560,443
$560.4K
Cap Rate 9%
$435,900
$435.9K
Market Conditions
NOI Build-Up for 2,906 SF
Gross rent
$69.7K $24.00/SF
− Vacancy
−$7.0K −$2.40/SF
EGI
$62.8K $21.60/SF
− OpEx
−$23.5K −$8.10/SF
NOI
$39.2K $13.50/SF
Area
Tampa, FL
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,620
Cap Rate 7%
$560,443
Cap Rate 9%
$435,900
Alternative Uses
Best Use
Mixed Use
$560.4K
$490.4K – $653.9K
NOI $39,231 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$677.0K
$592.4K – $789.9K
NOI $47,391 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,926
Businesses Nearby
Explore this area
Business Placement
Demographics for 33606, FL
22,271
Population
10,918
Households
2
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
6,749
Density / Sq Mi
$113,634
Median Household Income
$46,311
Median Earnings
$1,931
Median Rent
$796,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Hyde Park, potential live-work space.
Where is this mixed-use property located?
The property is located at 806 W De Leon St Tampa, FL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Prime Hyde Park Location: **Close proximity to Hyde Park Village, Downtown, and Bayshore Boulevard.**; Mixed‑Use Potential: Suitable for live‑work arrangements.; Newer Roof and HVAC: **Indicates recent upgrades and reduced maintenance costs.**
