5223 Park Blvd
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5223 Park Blvd
5,730 SF 100% Leased Office Building Pinellas Park, FL 33781 £1,574,055 (£275/SF)
Investment Highlights
- Entire 2nd floor leased through July 2026 with 2-year renewal option
- Direct Park Blvd. Frontage with 60,000 vehicles per day
- Full Furnished
- Super safe building structure: Concrete block, second floor over steel frame
- New 30-year roof surfacing done just before solar installation 2022
Executive Summary
This 5,730 SF two-story office property on Park Boulevard went through a complete remodel in 2011, including 4 new air conditioning systems, 2 new large bathrooms/handicapped equipped with a shower (x1) (first floor), both floors wired for internet, full kitchen with new appliances and new front building facade. This location offers excellent exposure & visibility with prominent LED signage, drawing 60,000 vehicles daily. It provides ample parking with 19 spaces. The first floor, measuring 2,850 SF is currently occupied by the owner’s law firm, while the second floor is 2,880 SF and is leased through July 31, 2026.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,730 SF
Building Class
B
Year Built/Renovated
1973/2022
Price
£1,574,055
Price Per SF
£275
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,865 SF
Building FAR
0.29
Land Acres
0.46 AC
Zoning
B1 - Business
Parking
19 Spaces (3.32 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 28-30-16-40752-000-0090 | Improvements Assessment | £309,552 |
| Land Assessment | £136,233 | Total Assessment | £445,785 |
PROPERTY TAXES
Parcel Number
28-30-16-40752-000-0090
Land Assessment
£136,233
Improvements Assessment
£309,552
Total Assessment
£445,785
-
Ned Willis -
Ashley Willis -
Vector Commercial Real Estate Services, LLC
(727) 823-1230
x230
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5223 Park Blvd
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