Hyde Park Mixed-Use
806 W De Leon St Tampa, FL 33606
For Sale
Contact for pricing
Mixed-use property in Hyde Park, potential live-work space.
Property Size2,906 SF
Price / SF$369.92
Days on Market914
Property Features for 806 W De Leon St
General Information
- Standard status
- Active
- Size
- 2,906 SF
- Property subtype
- Mixed Use, Office
Building Details
- Year Built
- 1908
Listing Agency:
Smith & Associates Real Estate Tampa
(813) 361-5878
Listed By:
Kevin Platt · License #FL 512251
Source:
Crexi
Added: Jan 22, 2024
Changed: Jul 10
Last Checked: Jul 24 at 12:42PM
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 Tampa
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 For Mixed Use
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 | $69.7k | $24.00 |
| − Vacancy | −$7.0k | −$2.40 |
| EGI | $62.8k | $21.60 |
| − OpEx | −$23.5k | −$8.10 |
| NOI | $39.2k | $13.50 |
2,906 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Steve N. ...
Physician
Dr. Sheila Katt-Beck
Physician
Loretta Gallo-Lopez, LMHC ...
Counselor
Carl Butler
Counselor
Norman Alexander Investment ...
Real Estate Agency
FAQs
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.**
