5440 Mariner StTampa, FL 33609

Property Details for 5440 Mariner St

Year built

1966

Construction

STEEL FRAME

Lot size

1.20 AC

Property size (Sq ft)

25,066 SF

Zone code

OP-1

Property type

Office buildings

APN

A192918ZZZ000005496400

APU

A192918ZZZ000005496400

Description

Watermark 9, located at 5440 Mariner St, Tampa, FL 33609, offers exceptional office space for lease in the desirable Westshore submarket of Hillsborough County. This two-story, traditional office building totals 24,025 square feet and was built in 1966. The property boasts 96 parking spaces for tenant and visitor convenience. The building features recently updated common areas, highlighted by floor-to-ceiling windows and an attractive spiral staircase. On-site property management and janitorial services are provided, ensuring a seamless and well-maintained environment. Watermark 9 enjoys a prime location, offering easy access to major transportation arteries including I-275, the Veterans Expressway, and convenient access to Pinellas County via the Howard Frankland Bridge. Its proximity to Tampa International Airport and Downtown Tampa further enhances its appeal. The building's waterfront location provides a beautiful and desirable setting for businesses seeking a prestigious address in the heart of Tampa's thriving Westshore business district. Multiple tenancy options are available, making it suitable for a variety of business sizes and needs.

• CAP approach

  CAP return

  Valuation

  6%

  $7,184,587

  6.5%

  $6,631,926

  7%

  $6,158,218

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,577,804

  Geo Method

  $4,577,804

• Alternative Use

  Use

  Valuation

  Residential

  $8,223,588

  Hospitality

  $7,532,763

  Educational

  $6,267,170

  Medical

  $6,482,708

  Retail

  $9,748,932

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9431

Longitude

-82.5362

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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