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Property profile & analytics
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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