1881 Kennedy BlvdTampa, FL 33606

Property Details for 1881 Kennedy Blvd

Year built

2005

Construction

WOOD

Lot size

1.23 AC

Property size (Sq ft)

30,406 SF

Zone code

PD

Property type

Office buildings

APN

A2329184S5000008000130

APU

A2329184S5000008000130

Description

This exceptional 2,070 square foot medical office suite is located on the ground floor of a prestigious, two-story Class A building in South Tampa (1881 W Kennedy Blvd, Tampa, FL 33606). Built in 2006, the building boasts a stunning lobby with a spiral staircase and high-end finishes. The suite itself is fully built-out and ready for immediate occupancy, featuring high ceilings, multiple private offices, a spacious reception/waiting area, and abundant natural light. Its convenient location offers excellent visibility from Kennedy Boulevard, with potential for building signage. The building provides ample parking (200 spaces), elevators, and a professional atmosphere. Other tenants include a law firm and an orthopedic medical office & surgery center. The zoning is PD. This space is ideal for a medical office or med spa, but is also suitable for other professional office uses. The building offers an automatic door entry from the landscaped, fenced parking lot. This is a rare opportunity to secure a prime medical office space in a highly desirable location. The total building size is 28,000 square feet, with one building and two stories.

• CAP approach

  CAP return

  Valuation

  6%

  $11,476,049

  6.5%

  $10,593,276

  7%

  $9,836,613

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,553,048

  Geo Method

  $5,553,048

• Alternative Use

  Use

  Valuation

  Residential

  $13,135,662

  Hospitality

  $12,032,196

  Educational

  $10,010,646

  Medical

  $10,354,927

  Retail

  $15,572,116

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9453

Longitude

-82.4785

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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