8200 Seminole Blvd Seminole, FL 33772
- Office buildings
- 6,754 SF
- 0.66 lot acres
Current Use by Public Records
- Office buildings
Property Details for 8200 Seminole Blvd
- Year built
- 1985
- Construction
- WOOD FRAME
- Lot size
- 0.66 lot acres
- Property size
- 6,754 SF
- Property type
- Office buildings
- APN
- 27-30-15-62370-000-0010
- APU
- 273015623700000010
Description
This exceptional 6,850-square-foot executive office building, located at 8200 Seminole Boulevard in Seminole, Florida (33772), presents a compelling owner-user or investment opportunity. The single-story, Class B building sits on a 0.662-acre lot and boasts a prominent location with high visibility, experiencing 40,000 daily car pass-bys. Currently operating at 80% occupancy with six tenants, the property offers flexibility for an owner-occupant seeking to expand or consolidate their operations, or for an investor seeking a strong return. The building features six bathrooms, several larger suites with private baths, ample front and covered rear parking, and an electronic reader board sign for effective advertising. The property's low maintenance design, including a newer shingle roof (2020), minimizes operational costs. Common areas include several conference rooms, a kitchen, lobby, and reception area, creating an executive center atmosphere. The building is zoned for general office use within the City of Seminole, permitting a wide range of professional services, including medical, legal, and accounting practices. The asking price is $1,500,000, with a current NOI of $120,000 and an 8.00% cap rate. The property's dimensions are approximately 138 feet of frontage by 210 feet deep. This well-maintained building offers a rare opportunity to acquire a high-profile commercial property in a thriving Seminole location. The existing tenants are long-term and reliable, contributing to the property's consistent cash flow. The building is easily adaptable to various office configurations.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seminole
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7876
- Latitude
- 27.8467
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA