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    FOR SALE
    Office buildings

    8588 Starkey Rd, Seminole, FL 33777

    7,664 SF 0.73 ac lot Built 1987
    Individually Owned Free & Clear
    Property ID
    US18-5167194
    Property summary
    AI-generated overview

    This exceptional 7,664 square foot medical office building, situated on a 0.73-acre lot at 8588 Starkey Road in Seminole, Florida, presents a compelling investment opportunity. Currently fully leased to a diverse mix of established tenants including LabCorp, an orthodontist specialist, a counseling practice, and a real estate investment firm, this property offers a stable and predictable income stream. The strong tenant roster ensures a comfortable return on investment, making this an attractive option for both seasoned investors and those seeking a secure, passive income source. Located in the heart of South Pinellas County, this prime location benefits from excellent visibility and accessibility, just blocks from Park Boulevard and conveniently positioned between US Highway 19 and the area's beautiful beaches. Its central location ensures easy access for patients and employees from throughout South Pinellas. The building's current lease structure provides an immediate return, while the potential for future occupancy by a practitioner, as leases expire, offers additional long-term value. This represents a unique chance to acquire a well-established medical office building below replacement cost, providing both immediate income and significant future potential. The property's strong tenant base, prime location, and below-market price point combine to create a truly exceptional investment opportunity. Don't miss this chance to secure a foothold in the thriving South Pinellas medical market.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1987
    Construction CONCRETE BLOCKS
    Total area 7,664 SF
    Lot 0.73 ac (31,694 SF)
    APN 26-30-15-70740-100-0101
    UPID US18-5167194
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.11M
    Blend (final) Blend
    $1.11M
    Owner & transaction history
    SALVADOR M PENSION PLAN UDAGAWA
    SALVADOR M PENSION PLAN UDAGAWA
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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