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    Property profile & analytics

    5106 Armenia Ave Ste, Unit 2 Tampa, FL 33603-1433

    • Office Properties & Spaces
    • 2,202 SF
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US18-0820500
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 5106 Armenia Ave Ste

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    2,202 SF
    Zone code
    PD
    Property type
    Office Properties & Spaces
    APN
    A0329183HY000000000050
    APU
    A0329183HY000000000050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $330,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $375,000
      Mixed-Use
      $345,000
      Hospitality
      $330,000
      Educational
      $310,000
      Residential Income
      $350,000
      Energy
      $305,000
      Income-Based Land
      $385,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4852
    Latitude
    27.993
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,135
    $100
    $212,979
    $213,079
    -
    $100
    $212,979
    $213,079

    Comparable in this City

    • Value Estimation by Request
      8,222 SF

      4712 Armenia Ave Ste, Unit 200

      CONDOMINIUM OFFICES • 8,222 SF
      4712 Armenia Ave Ste, Tampa, FL 33603-2611
      View Details
    • Value Estimation
      $445,000
      2,190 SF

      5106 Armenia Ave Ste, Unit 5

      CONDOMINIUM OFFICES • 2,190 SF
      5106 Armenia Ave Ste, Tampa, FL 33603-1433
      View Details
    • Value Estimation
      $375,000
      2,067 SF

      4714 Armenia Ave Ste, Unit 101

      CONDOMINIUM OFFICES • 2,067 SF
      4714 Armenia Ave Ste, Tampa, FL 33603-2603
      View Details
    • Value Estimation
      $400,000
      1,825 SF

      5103 Armenia Ave

      CONDOMINIUM OFFICES • 1,825 SF
      5103 Armenia Ave, Tampa, FL 33603-1405
      View Details
    • Value Estimation by Request
      4,125 SF

      5115 Armenia Ave

      CONDOMINIUM OFFICES • 4,125 SF
      5115 Armenia Ave, Tampa, FL 33603-1405
      View Details
    • Value Estimation by Request
      0.25 Acres

      607A Dr Martin Luther King Jr Blvd

      Office Properties & Spaces • 0.25 Acres
      607A Dr Martin Luther King Jr Blvd, Tampa, FL 33603
      View Details

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    Similar Nearby for Lease

    • $27,600

      Centrally Located Office Space Available

      Office space with lobby and three separate offices for rent.
      718 W Dr Martin Luther King Jr Blvd, Tampa, FL 33603
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    • $20 SF/Yr
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    • $30 SF/Yr
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      Medical/Office Space For Rent

      Medical/office space featuring multiple exam rooms and executive office.
      4505 N Armenia Ave, Tampa, FL 33603
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    • $24 SF/Yr
      1,650 SF

      Renovated Office Space Near Downtown

      Modern, renovated office space with ample parking and natural light.
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    • $21,600

      Professional Office Space For Rent

      Professional office space with reception area in central location.
      720 W Dr Martin Luther King Jr Blvd, Tampa, FL 33603
      View Details
    • New
      $4,200 /Mo
      1,800 SF

      Updated Office Space in Tampa

      Move-in-ready office space with reception, five offices, and parking.
      4505 N Armenia Ave, Tampa, FL 33603
      View Details
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    Tampa, FL 33603-1433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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