707 Franklin StTampa, FL 33602

Property Details for 707 Franklin St

Lot size

0.11 AC

Zone code

CBD-1

Property type

Retail properties

Property subtype

Parking lots & garages

APN

A2429184ZI000037000030

APU

A2429184ZI000037000030

Description

This prestigious 4,112 square foot office space, located on the 8th floor of a historic Tampa landmark building (built in 1926 and listed on the National Register of Historic Places), is offered for sale at $1,665,360 ($405 per square foot). The space boasts 9-10 spacious offices with adjacent administrative areas, a large copy and file room, two sizable conference rooms, a modern kitchen and break area, and three well-appointed bathrooms. High-quality existing furniture is available for purchase or negotiation. The property enjoys a prime central Tampa location, within walking distance of the Museum of Art, courthouses, restaurants, and entertainment. Private elevators open directly into a grand reception area. Sunlit offices with large windows enhance productivity and well-being. This is a unique opportunity to acquire a distinctive and highly desirable office space in a central Tampa location, offering a blend of historical charm and modern functionality. The property's address is 707 N Franklin St, Tampa, FL 33602.

• CAP approach

  CAP return

  Valuation

  6%

  $2,738,026

  6.5%

  $2,527,409

  7%

  $2,346,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,271,223

  Geo Method

  $2,271,223

• Alternative Use

  Use

  Valuation

  Residential

  $2,131,964

  Hospitality

  $1,952,867

  Educational

  $1,624,763

  Medical

  $1,680,641

  Retail

  $2,527,409

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9502

Longitude

-82.4587

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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