1009 Platt St Tampa, FL 33606-2115
- Office buildings
- 8,408 SF
- 0.53 lot acres
Current Use by Public Records
- Prugh & Associates, P.A. / Personal Injury Attorney / Law Firm
Property Details for 1009 Platt St
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.53 lot acres
- Property size
- 8,408 SF
- Zone code
- CG
- Property type
- Office buildings
- APN
- A2329184SV000002000070
- APU
- A2329184SV000002000070
Description
This exceptional Tampa, Florida investment opportunity encompasses a 1.32-acre assemblage of six parcels in the coveted Hyde Park Historic District. The portfolio includes two existing office buildings totaling 10,802 square feet, a surface parking lot with 46 spaces, and three vacant lots, all situated on 55,793 square feet of land with 450 feet of Platt Street frontage. The main building, constructed in 1986, is a two-story, 8,100-square-foot professional office building, currently vacant, offering significant redevelopment potential. A second, smaller two-story office building (1,914 sq ft) is also included. The property boasts a pro-forma NOI of $336,000 and a pro-forma cap rate of 5.02%, with an asking price of $6,697,350. The land value is $116.48 per square foot. Permitted zoning is CG. The property's prime location near Hyde Park Village, Downtown Tampa, and major attractions makes it an ideal investment for owner-users seeking redevelopment or adaptive reuse. Built in 1926 and 1986, this property presents a unique chance to capitalize on Tampa's thriving real estate market. The property is offered for sale by the owner.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $455,000
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Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4704
- Latitude
- 27.942
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
