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3707 W Cherry St 21,781 SF Office Building Tampa, FL 33607 $6,200,000 ($284.65/SF)
Investment Highlights
- Located in the Westshore Business District
- New Roof, HVAC, ADA Restrooms, LED Lighting and more
- Extensive Interior Upgrades
Executive Summary
The Westshore Center Office Building, renovated in 2025-2025, is ideally located in the Westshore Business District, just East of N. Dale Mabry Hwy and offers an excellent Owner/Occupant opportunity, with convenient access to both Interstate 275, the Veterans Expressway, downtown Tampa and Tampa International Airport.
Offering Overview:
• 21,781 SF Two-Story Office Building — For Sale at $6,200,000 ($285/SF) or Lease at $20.00/SF NNN
• Over $1.5 million in recent renovations including a new roof, HVAC, ductwork, ADA restrooms, Class A interior upgrades, and LED lighting (2024–25)
• Priced well below market lease rates — comparable Westshore buildings lease at $31–$35/SF Full Service, making ownership at $20.09/SF a compelling alternative
• 92 total parking spaces including 42 covered, secured under-building spaces and 30 cross-parking spaces with the adjacent Holiday Inn
• Flood zone X
• C-I zoning (Commercial Intensive) with 330' feet of frontage on Cherry Street
Offering Overview:
• 21,781 SF Two-Story Office Building — For Sale at $6,200,000 ($285/SF) or Lease at $20.00/SF NNN
• Over $1.5 million in recent renovations including a new roof, HVAC, ductwork, ADA restrooms, Class A interior upgrades, and LED lighting (2024–25)
• Priced well below market lease rates — comparable Westshore buildings lease at $31–$35/SF Full Service, making ownership at $20.09/SF a compelling alternative
• 92 total parking spaces including 42 covered, secured under-building spaces and 30 cross-parking spaces with the adjacent Holiday Inn
• Flood zone X
• C-I zoning (Commercial Intensive) with 330' feet of frontage on Cherry Street
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$1,440,813,150
|
$66,150.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,440,813,150
|
$66,150.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $1,440,813,150 |
| Annual Per SF | $66,150.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,440,813,150 |
| Annual Per SF | $66,150.00 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
21,781 SF
Building Class
B
Year Built/Renovated
1984/2025
Price
$6,200,000
Price Per SF
$284.65
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,355 SF
Slab To Slab
12’
Building FAR
0.64
Lot Size
0.78 AC
Zoning
CI - Commercial Intensive - Hillsborough County
Parking
92 Spaces (4.24 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Signage
- Reception
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | A-16-29-18-3JN-000005-00025.0 | Total Assessment | $3,239,800 (2025) |
| Land Assessment | $100 (2025) | Annual Taxes | $1,440,813,150 ($66,150.00/SF) |
| Improvements Assessment | $3,239,700 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
A-16-29-18-3JN-000005-00025.0
Land Assessment
$100 (2025)
Improvements Assessment
$3,239,700 (2025)
Total Assessment
$3,239,800 (2025)
Annual Taxes
$1,440,813,150 ($66,150.00/SF)
Tax Year
2026 Payable 2026
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