West Bay Office Tower — Sale in Largo, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Largo, FL 33770

Photos

West Bay Office Tower — Sale in Largo, FL, photo 1 of 3
West Bay Office Tower — Sale in Largo, FL, photo 2 of 3
West Bay Office Tower — Sale in Largo, FL, photo 3 of 3

Investment Figures

Cap rate
8.45%

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

801 West Bay Center is a beautiful 8 story office center, serving as a landmark building in Largo. Amenities include a newly renovated lobby, ground floor banking, on-site maintenance and property management, easy access to public transportation, and ample parking. Adjacent to a Publix anchored retail center with a variety of restaurants and services available within walking distance. Ground floor and penthouse suite available. Highly visible and identifiable at the intersection of W Bay Dr and Clearwater-Largo Rd. Easy access at lighted intersection with multiple points of access. Centrally located in Pinellas County, close to beach communities. *SPECIAL LEASE INCENTIVE* - $15.00 Initial Rate + $13.00 1st Year Intro Rate for new qualified leases. Expires 11/30/16. 8-story landmark office building in the heart of the West Bay Drive Community Redevelopment and Clearwater-Largo Road Community Redevelopment Districts. On the corner of West Bay Drive and Clearwater-Largo Road, close to several hospitals, the Largo Cultural Center, Largo Central Park, and the Library. Adjacent to a Publix shopping center with numerous shops and dining. Proud home to the Central Pinellas Chamber of Commerce along with professionals in many fields. Investment Highlights: • Well located near beach communities in the Pinellas County MSA • Outparcel to Publix near a hard corner with excellent parking • Recent CAPEX (brand new chiller and elevators) • Property offers high-in-demand micro/mid size office spaces • Population: 12,320 (one-mile) | 100,409 (three-mile) • Average Household income: $66,230 (one-mile) | $76,668 (three-mile)

Market Context

This office in Largo, FL is listed for sale. It is offered at an approximate 8.4% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Largo, FL — view the full market.

As of Q1 2026, the Tampa office market showed an 18.2% vacancy rate, and average asking rents near $30.61/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Tampa office market tightening or softening?
Vacancy is around 18.2% (Q1 2026).

Estimated Price per SF

$159.73/SF – $1,162/SF

Mid: $484.03/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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