308 Oak AveTampa, FL 33602

Property Details for 308 Oak Ave

Year built

1907

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

3,804 SF

Zone code

PD

Property type

Office buildings

APN

A1329184XU000003000060

APU

A1329184XU000003000060

Description

This stunning, fully restored 1904 building offers 3,800 square feet of versatile office space in Tampa's vibrant Heights neighborhood. The property, encompassing two stories, is available for lease as a whole, providing a unique opportunity for a single tenant or a flexible layout for multiple occupants. The space includes seven private offices, a spacious waiting and reception area, and four restrooms (one with a shower). On-site and ample street parking accommodate tenants and visitors with a total of 10 spaces. The interior boasts immaculate condition, showcasing the building's original charm and beauty, seamlessly blended with modern amenities. Located at 308 E Oak Ave, Tampa, FL 33602, this property benefits from its proximity to Downtown Tampa, I-4, and I-275, offering convenient access to major transportation arteries. The building's zoning is PD, and it sits on a 0.3-acre lot with a floor area ratio of 5. The minimum leasable space is 1,700 square feet, with a maximum contiguous space of 3,800 square feet. The building underwent renovations in 2009, ensuring modern functionality while preserving its historic character. Its convenient location is within walking distance of Armature Works, adding to its appeal. This exceptional property presents a rare opportunity to secure a prestigious and well-maintained office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,435,733

  6.5%

  $1,325,292

  7%

  $1,230,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $694,724

  Geo Method

  $694,724

• Alternative Use

  Use

  Valuation

  Residential

  $1,643,362

  Hospitality

  $1,505,311

  Educational

  $1,252,401

  Medical

  $1,295,473

  Retail

  $1,948,179

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9616

Longitude

-82.4571

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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