202 Moody AveTampa, FL 33609

  • Office properties
  • 2,358 SF
For Sale
$2,850,000 View listing

Property Details for 202 Moody Ave

Year built
1907
Construction
WOOD
Lot size
0.31 AC
Property size (Sq ft)
2,358 SF
Zone code
PD
Property type
Office properties
Property subtype
Office buildings
APN
A2329183OF000005000010
APU
A2329183OF000005000010

Description

This exceptional two-building office portfolio in Tampa's desirable Hyde Park neighborhood is available for sale at $2,850,000. This owner/user or investor opportunity offers a combined 5,427 square feet of versatile space, ideally suited for a variety of businesses. The property includes two buildings: 202 S Moody Ave (3,069 sq ft) and 2304 W Cleveland St (2,358 sq ft). Each building boasts a reception area, conference room, break room, and private offices, providing ample space for employees and clients. The property features 18 parking spaces, a significant advantage in this vibrant urban location. Located just one block south of Kennedy Boulevard (SR 60), at the corner of South Moody Ave and West Cleveland Street, this boutique-style office complex offers convenient access to a wide array of retail amenities within walking distance. A short-term lease is currently in place. The property is zoned for office use and is situated next to a Bank of Tampa building currently under construction. The occupancy date is July 1, 2024. This Class C property presents a unique opportunity to acquire a well-maintained, multi-tenant office portfolio in a prime Tampa location. The buildings are ready for immediate occupancy or redevelopment, making it an attractive investment for both owner-users and developers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $675,866
    6.5%
    $623,876
    7%
    $579,314
  • Comparable approach

    Method
    Valuation
    Relative Method
    $430,642
    Geo Method
    $430,642
  • Alternative Use

    Use
    Valuation
    Residential
    $773,607
    Hospitality
    $708,619
    Educational
    $589,563
    Medical
    $609,839
    Retail
    $917,098
202 Moody Ave, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9431
Longitude
-82.4837
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,354
$723,206
$399,794
$1,123,000
-
$723,206
$399,794
$1,123,000

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