3341 W BEARSS AVE, Tampa, FL 33618
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3341 W BEARSS AVE Tampa, FL 33618

3,945 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,945 sqft

Price per Sqft $290

Subdivision Unplatted

MLS Listing ID TB8506777

Condo Fees $2,350

Construction Status Completed

HOA Y/N No

Annual Recurring Fee 9400.0

Year Built 2000

Annual Tax Amount $14,114

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Office

Source Stellar MLS

Property Description

EXECUTIVE SUMMARY
Excellent opportunity to acquire a free standing 4,058 SF single-story professional office building located within the highly desirable OAK
GROVE PROFESSIONAL PARK in Carrollwood. This versatile, concrete-block asset is currently configured into three separate, fully
leased suites.
Currently all three tenant leases are perfectly synchronized to expire in late 2026, unless extended, offering an incoming buyer flexibility.
An investor can immediately capture a rent upside by resetting current rates to market value.
Alternatively, an owner-user can acquire the property, enjoy a stable, built-in income stream for the next several months, and occupy any
portion or the entirety of the building by late 2026.

INVESTMENT HIGHLIGHTS

*Immediate Value-Add Upside: Existing tenants have longevity with the building and enjoy a conservative rent.
Transitioning the building to the market average for rent can increase income
*Synchronized Lease Expirations: This layout eliminates long-term tenant lock-in, providing a blank canvas for immediate repositioning
or owner occupancy.
*Premium Carrollwood Location: Positioned directly on West Bearss Ave, immediately off the heavily trafficked North Dale Mabry Hwy
corridor. Exceptional visibility, easy access to the I-75/I-275 apex, the Veteran's expressway and surrounded by Tampa submarkets,
*Low-Maintenance Association Asset: Situated within a pristine, professionally managed office park. The active association handles
common area maintenance, parking lot preservation, grounds security lighting, and trash removal. The office park has robust reserve
funds and is currently undergoing a landscape improvement project.

PROPERTY SPECIFICATIONS

Building Size: 4,058 SF
Number of Tenants: 3 Distinct Suites
Construction: Durable Concrete Block Structure with Brick Highlights
Parking: Ample, shared cross-parking throughout the professional park.
Permitted Uses: General Professional Office, Legal, Corporate Headquarters, and Intensive Medical/Dental Practices
Other: Recently Painted Interior---2026
Hurricane Windows in All Suites Throughout the Building---April 2024
New Roof----August 2020
Assocciation maintains strong financial reserves.

Location

State FL

County Hillsborough

Community Unplatted

Area 33618 - Tampa / Carrollwood / Lake Carroll

Zoning PD

Interior

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Tile

Appliance Refrigerator

Exterior

Parking Features Curb Parking, Ground Level, Shared Parking

Community Features Curbs, Sidewalks

Utilities Available Public

View Y/N Yes

Water Access Yes

Water Access Desc Pond

Roof Type Shingle

Building

Lot Description Landscaped, Sidewalk, Street Lights, Paved, Wooded

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Stucco,Frame

New Construction false

Construction Status Completed

Others

Pets Allowed No

Ownership Fee Simple

Monthly Total Fees $783

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None


Stellar MLS
Listed by Joyce Brake ADVANTAGE REALTY SERVICES, INC

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3341 W BEARSS AVE