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5106 Armenia Ave 2,040 SF Office/Medical Condo Unit Offered at $675,000 in Tampa, FL 33603
Investment Highlights
- Proximity to Hospital & Shopping
- 12 Parking Spaces
- Mature Landscaping
- Sinks in 4 Exam Rooms
- Quiet Medical Park
- Courtyard
Executive Summary
Conveniently close to Kindred Hospital Central Tampa and other hospitals. The property features 5 offices (with sinks) for staff and physicians, making it ideal for healthcare practices or administrative offices. Professionally managed, the building ensures high standards of cleanliness, security, and operational efficiency. This park is medical only.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange |
| Cap Rate | 6.74% | APN/Parcel ID | 106606-0510 |
| No. Parking Spaces | 12 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.74% |
| No. Parking Spaces | 12 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 106606-0510 |
Description
Ideal for medical or professional use, this 2,040/SF office features five exam rooms with plumbing, a reception area, a kitchen, a bathroom, a courtyard, and open space for expansion. It is located across from St. Joseph's and AdventHealth hospitals. The quiet setting and ample parking make it perfect for businesses seeking a prime location in a well-established area or an investment yielding a 6.5% Cap rate if leased at the market.
Sale Notes
Conveniently close to Kindred Hospital Central Tampa and other hospitals. The property features multiple offices for staff and physicians, making it ideal for healthcare practices or administrative offices. Professionally managed, the building ensures high standards of cleanliness, security, and operational efficiency.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 2,040 SF | Office/Medical | $675,000 ($330.88/SF) | $45,500 |
Unit 2
| Unit Size |
| 2,040 SF |
| Condo Use |
| Office/Medical |
| Price |
| $675,000 ($330.88/SF) |
| NOI |
| $45,500 |
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Unit 2
| Unit Size | 2,040 SF |
| Condo Use | Office/Medical |
| Price | $675,000 ($330.88/SF) |
| NOI | $45,500 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.74% |
| No. Parking Spaces | 12 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 106606-0510 |
| Description | |
| Ideal for medical or professional use, this 2,040/SF office features five exam rooms with plumbing, a reception area, a kitchen, a bathroom, a courtyard, and open space for expansion. It is located across from St. Joseph's and AdventHealth hospitals. The quiet setting and ample parking make it perfect for businesses seeking a prime location in a well-established area or an investment yielding a 6.5% Cap rate if leased at the market.</li></ul> | |
| Sale Notes | |
| Conveniently close to Kindred Hospital Central Tampa and other hospitals. The property features multiple offices for staff and physicians, making it ideal for healthcare practices or administrative offices. Professionally managed, the building ensures high standards of cleanliness, security, and operational efficiency.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,202 SF | Typical Floor Size | 2,202 SF |
| Property Type | Office (Condo) | Year Built | 1985 |
| Property Subtype | Medical | Lot Size | 1.20 AC |
| Building Class | B | Parking Ratio | 5.45/1,000 SF |
| Floors | 1 | ||
| Zoning | PD - Planned Development - Medical Office | ||
| Total Building Size | 2,202 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,202 SF |
| Year Built | 1985 |
| Lot Size | 1.20 AC |
| Parking Ratio | 5.45/1,000 SF |
| Zoning | PD - Planned Development - Medical Office |
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Kitchen
- Reception
- High Ceilings
- Plug & Play
- Hardwood Floors
- Yard
- Air Conditioning
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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5106 Armenia Ave
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