Crown Point Center Office
For Sale
$740,000
13191 STARKEY ROAD 15 & 16, Largo, FL 33773
Two contiguous office condos in a well-maintained professional center.
Property Size3,550 SF
Lot Size4.48 Acres
Price / SF$208.45
Days on Market1779
Property Features for 13191 STARKEY ROAD 15 & 16
General Information
Standard status
Active
Size
3,550 SF
Lot size
4.48 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1988
Listing Agency:
BAY STREET COMMERCIAL LLC
(813) 625-2375
Listed By:
Michael Braccia, PA · License #3033512
(813) 625-2375
Source:
Exitrealty
Added: Sep 21, 2021
Changed: Jul 6
Last Checked: Aug 3 at 2:59AM
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 BAY STREET COMMERCIAL LLC
Investment Insights
Based on property information with market context.
Two adjacent office condominiums are available in Crown Point Center, a well-maintained professional office center easily accessible on Starkey Road near Ulmerton Road. The corner unit totals 3,550 square feet, with Unit 15 comprising 2,080 square feet and Unit 16 comprising 1,470 square feet. Accessible from both sides of the building and from two separate parking lots, the space features a reception area, an open floor workspace for cubicles surrounded by windows, three private offices, a dedicated filing/storage area, a large open production/bullpen area, restrooms, and a private break-room. The professional center hosts multiple medical and professional office users and provides an abundance of parking. The association dues are $1,500 per month for the two units, covering roof, exterior, common area, water, sewer, garbage, and exterior insurance. The property is located behind Starbucks on the corner of Starkey Road and 133rd Avenue, one block south of Ulmerton Road, west of the US-19 intersection, and minutes from I-275, providing access to Tampa Bay area markets.
Key Highlights
- Prime location near the intersection of Starkey Road and Ulmerton Road, with easy access to US‑19 and I‑275.
- Two contiguous office condominiums totaling 3,550 SF, offering flexibility and expansion potential.
- Highly desirable corner unit with accessibility from both sides of the building and two separate parking lots.
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 | $92.4k | $26.04 |
| − Vacancy | −$19.0k | −$5.34 |
| EGI | $73.5k | $20.70 |
| − OpEx | −$18.4k | −$5.18 |
| NOI | $55.1k | $15.53 |
3,550 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$787.4K
$689.0K – $918.7K
NOI $55,119 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$923.4K
$808.0K – $1.08M
NOI $64,637 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,326
Businesses Nearby
Explore this area
Business Placement
Demographics for 33773, FL
17,494
Population
8,353
Households
2.1
Avg Household Size
48
Median Age
31%
College-Educated
91%
High-School Grad
5.1 sq mi
ZIP Area
3,430
Density / Sq Mi
$74,115
Median Household Income
$46,759
Median Earnings
$1,567
Median Rent
$280,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two contiguous office condos in a well-maintained professional center.
Where is this office units located?
The property is located at 13191 STARKEY ROAD 15 & 16 Largo, FL.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Prime location near the intersection of Starkey Road and Ulmerton Road, with easy access to US‑19 and I‑275.; Two contiguous office condominiums totaling 3,550 SF, offering flexibility and expansion potential.; Highly desirable corner unit with accessibility from both sides of the building and two separate parking lots.
