142 Platt St, Unit 1 Tampa, FL 33606-2315
- Office Properties & Spaces
- 3,954 SF
- 0.09 lot acres
Current Use by Public Records
- Phillips Development & Realty / Real Estate Agency
- Don Phillips / Real Estate Agency
- Best Home Mortgage Loans / Loan Service / Bank
- Pioneer Mortgage Funding Inc. Home Girls Branch NMLS#2211728 | Heather Cortese, Branch Manager / Loan Service / Bank
- Ovation Realty Management / Real Estate Agency
Property Details for 142 Platt St
- Year built
- 2006
- Construction
- STEEL FRAME
- Lot size
- 0.09 lot acres
- Property size
- 3,954 SF
- Zone code
- PD
- Property type
- Office Properties & Spaces
- APN
- A2429189F2000000000010
- APU
- A2429189F2000000000010
Description
This exceptional Class A office building, totaling 3,954 square feet, presents a unique investment opportunity in the heart of South Tampa. Built in 2006 and renovated in 2019, this single-story building boasts a desirable location at the corner of West Platt Street and Bayshore Boulevard, offering unparalleled visibility and accessibility. The property features 16 designated covered parking spaces (a 4.2 space per 1,000 sq ft ratio), a rare amenity in this area. The interior layout is highly functional, including 10 private offices with lockable doors, two secretarial spaces, collaborative workspaces, a spacious open area with nine workstations, two bathrooms, and two conference rooms. A private, deeded patio adds to the appeal. Ceiling heights range from 12 to 14 feet, creating a bright and spacious environment. The building is currently vacant, allowing for immediate occupancy or lease options. The property is zoned PD and benefits from high traffic counts and proximity to retail, restaurants, and public transportation, including the Trolley Streetcar system. The seller is prepared to vacate within 90 days, and financing options are available. This is a truly exceptional opportunity to acquire a prime commercial property in a thriving South Tampa location. The asking price is $2,950,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $540,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $955,000
- 6.5%
- $880,000
- 7%
- $820,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $679,000
Market price range: $371k - $1.11M
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Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.46
- Latitude
- 27.9413
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA