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Property profile & analytics
FOR SALE
Office buildings

1814 North 15Th St Tampa, FL 33605

9,102 SF 0.17 ac lot Built 1905
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US18-4490240
Property summary
AI-generated overview

This stunning, two-story, 8,714-square-foot building in Tampa's vibrant Ybor City is a rare opportunity to acquire a piece of history. Built in 1905, this Class B office building boasts beautiful brick architecture, high (12-foot) ceilings, and modern updates. The property features a mix of retail and office space, currently configured with office space upstairs and retail/office downstairs. The upstairs office area includes a conference room, break room, twelve private offices, a reception area, and two bathrooms. Recent improvements include a new TPO roof (2023), and HVAC unit replacements (2017 & 2021). The building sits on a 0.17-acre lot (55' x 138') and includes a gated parking lot with six parking spaces. Located at a lighted intersection on 15th Street and 8th Avenue, this property benefits from its proximity to the Hotel Haya, Hillsborough Community College's Ybor City campus, the TECO Streetcar system, and numerous restaurants, shops, and entertainment venues. The property is zoned YC-1 (Ybor City Commercial Core) and is situated in an Opportunity Zone. The current tenant mix includes a month-to-month law firm and a recently leased retail space. The seller currently occupies the upstairs and would consider a leaseback or vacate upon closing. The asking price is $3,999,900, with 2022 property taxes totaling $22,261. This property presents a strong investment opportunity with significant upside potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1905
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,102 SF
Lot 0.17 ac (7,461 SF)
Zoning code YC-1
APN A18291950N000034000010
UPID US18-4490240
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Viejo Law Firm Law Firm
  • The Fantauzzi Law Firm, P.A. Law Firm
  • SteinLaw Law Firm
  • Dom Law PA Law Firm
  • 1-800 Office Solutions Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.40M
Owner & transaction history
Hjge Property Group INC · 13 yrs held
Hjge Property Group INC
since 2012
4 recorded transactions
2012
$875,000
2006
Price N/A
2005
$800,000
2003
$800,000
Zoning & alternative use
YC-1 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This subdistrict comprises the cultural, social, shopping and service heart of the Ybor City Historic District, the regulations are intended to preserve and enhance its touristic, cultural and economic functions by preserving its rich mixture of land uses, relatively modest intensity of development, low rise structures and distinctive architecture

Zone name Ybor City Central Commercial Core
General category COMMERCIAL
Zone area 74.74 ac
Source Realmo
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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