Hyde Park Office - 211 S. Boulevard — Sale in Tampa, FL

  • Price: $1.6M
  • Listing type: For sale
  • Asset type: Office
  • Location: Tampa, FL 33606
  • Size: 3,727 SF

Investment Figures

Price per square foot
$426

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Two story bungalow-style office building in a prime South Tampa location. This 3,727 SF office building has a rich history dating back to 1915, and has been updated by the current owner with numerous capital improvements. These improvements include a newer roof, windows, mechanical systems, plumbing, electrical and an inviting front deck. Tailored for professional office use, the layout features a reception/waiting room, 9 offices, conference room, kitchen, 5 restrooms (one ADA-compliant), and handicap accessibility with ramp. The zoning is CG (commercial general) and the building is NOT in the historic district giving owner full control over any changes to the property up to, and including, demolition. Location Description Located in the highly desirable South Tampa submarket, the property offers immediate access to the Lee Roy Selmon Crosstown Expressway and is positioned in an urban infill location near Tampa's most active retail and business corridors. The site is approximately 1 mile from Downtown Tampa, roughly 9 miles from Tampa International Airport, 5 miles from I-275, with close proximity to Hyde Park Village and surrounding South Tampa amenities. Highlights Premier South Tampa submarket with convenient access to the Lee Roy Selmon Expressway and downtown Tampa Surface parking with 7 dedicated spaces and 1 ADA/handicap including a ramp. Zoning CG 2 story bungalow style with reception area, 9 offices, 5 restrooms (one ADA-compliant), a conference room, and kitchen NOT in the historic district For more information please visit: https://commercial.saundersrealestate.com/commercial-property-for-sale/211-s-boulevard-tampa-sale/ Building SF: 3727 | Land Size: 8712.0 SF | Listing Type: FOR SALE

Market Context

This office in Tampa, FL is listed for sale at $1,589,000 across 3,727 SF ($449/SF). It has been on the market for 71 days. Compare it against other office listings for sale in Tampa, FL — view the full market.

As of Q1 2026, the Tampa office market showed an 18.2% vacancy rate, average asking rents near $29.00/SF/yr, rents up 18.7% year over year, and cap rates around 7.4%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Tampa?
About 7.4% as of Q1 2026, per multiple brokerage reports.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$271.77/SF – $367.69/SF

Mid: $319.73/SF

Estimated total for 3,727 SF: $1,191,634 per year

Rate estimator only; cost-of-business estimate unavailable.

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