Excellent investment opportunity featuring TWO STRONG TENANTS. The STATE OF FLORIDA (DEPARTMENT OF CHILD SUPPORT SERVICES) occupies 8,882 SF with approximately THREE YEARS REMAINING ON THE LEASE and has expressed interest in EXTENDING FOR 10+ YEARS. The CURRENT OWNER OCCUPIES 6,880 SF and is open to STAYING OR VACATING based on the buyer’s needs. Additionally, 7,040 SF OF VACANT OFFICE SPACE is available for lease.
The property also includes a 1,512 SF SINGLE-FAMILY HOME, currently occupied, which can provide ADDITIONAL RENTAL INCOME. Recent improvements include NEW ROOF (2023), EXTERIOR PAINT (2023), and UPDATED CARPET & INTERIOR PAINT in the State’s office suite.
TOTAL CURRENT GROSS INCOME: $261,197 ANNUALLY, with potential to increase through lease-up of the VACANT OFFICE SPACE and RESIDENTIAL UNIT.
Situated on a 4.77-ACRE C-2 ZONED LOT, the property offers approximately 133 PARKING SPACES and excellent potential for OUTSIDE STORAGE OR EXPANDED COMMERCIAL USE.
Ideal for a variety of users, including MEDICAL OFFICES, PROFESSIONAL SERVICES, or SERVICE-BASED BUSINESSES such as ELECTRICIANS, PLUMBERS, AND HVAC CONTRACTORS — especially those needing AMPLE PARKING OR FLEXIBLE OFFICE SPACE
Property Features
Cooling Information
Central Air
Listing Courtesy: 1ST CLASS REAL ESTATE GULF TO BAY - 813-856-9502