Ignite FB Tracking Pixel119 N 11th Street 1,2,3,4, Tampa, FL 33602 - Relocate
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20Real estate listing preview #21Real estate listing preview #22Real estate listing preview #23Real estate listing preview #24Real estate listing preview #25Real estate listing preview #26Real estate listing preview #27Real estate listing preview #28Real estate listing preview #29Real estate listing preview #30Real estate listing preview #31Real estate listing preview #32Real estate listing preview #33Real estate listing preview #34Real estate listing preview #35Real estate listing preview #36Real estate listing preview #37Real estate listing preview #38Real estate listing preview #39Real estate listing preview #40Real estate listing preview #41Real estate listing preview #42Real estate listing preview #43Real estate listing preview #44Real estate listing preview #45Real estate listing preview #46Real estate listing preview #47Real estate listing preview #48Real estate listing preview #49Real estate listing preview #50Real estate listing preview #51Real estate listing preview #52Real estate listing preview #53Real estate listing preview #54Real estate listing preview #55Real estate listing preview #56Real estate listing preview #57Real estate listing preview #58Real estate listing preview #59Real estate listing preview #60Real estate listing preview #61Real estate listing preview #62Real estate listing preview #63Real estate listing preview #64Real estate listing preview #65Real estate listing preview #66Real estate listing preview #67Real estate listing preview #68Real estate listing preview #69Real estate listing preview #70Real estate listing preview #71Real estate listing preview #72Real estate listing preview #73Real estate listing preview #74Real estate listing preview #75Real estate listing preview #76Real estate listing preview #77Real estate listing preview #78Real estate listing preview #79Real estate listing preview #80Real estate listing preview #81Real estate listing preview #82Real estate listing preview #83Real estate listing preview #84Real estate listing preview #85Real estate listing preview #86Real estate listing preview #87Real estate listing preview #88Real estate listing preview #89Real estate listing preview #90Real estate listing preview #91Real estate listing preview #92
listing
1 of 92
CommercialFor Sale
$12,400,000
119 N 11th Street 1,2,3,4
Tampa, FL 33602
Listed by: Realty Center International, (954) 599-3363
MLS: Stellar MLS
21,892Sq Ft
Est. Mortgage
$64,107/mo

Channel District Mixed Use Property made up of an Office/Retail Condo Portfolio with optional Residential Penthouse: Realty Center International LLC proudly presents an exceptional, and totally unique, one-of-a-kind mixed use investment opportunity – a distinctive 3-unit office/retail condo portfolio along with an exclusive penthouse condo situated in the highly sought-after Channel District of Tampa. Strategically located just 1.5 blocks away from the sought after Water Street Tampa development and Sparkman's Wharf, this property is positioned perfectly in the middle of the ongoing transformation of Tampa’s Channel District, not just into a dynamic Live-Work-Play community, but a desirable destination for all. Within just a few blocks you will find the Cruise ships port, Tampa aquarium, The Amalie Arena, the scenic Tampa riverwalk, a variety of diverse restaurants & entertainment venues & the Newly approved Ybor Harbor Development. Embrace the uniqueness of a boutique building where each floor functions as its own retail, office or residential condominium, where the elevator stops at your private lobby, with onsite parking &steel construction. The attached parking lot provides tenant convenience & value supplemented by the additional 150 public parking spaces available for lease next door. Key Investment Considerations: 1. The high-quality construction, onsite parking & boutique condo design create the opportunity to maximize rental rates. Current market rental rates for Class A office space are conservative at $35 sq ft NNN, & trending upward. There are office/retail spaces renting as high as $50 sq ft & full-service executive suites as high as $73 sq ft 2. The CD-1 zoning is a mixed-use zoning that allows for many additional future uses & development. The ability to either purchase the 4th floor penthouse at this time or a first right of refusal to purchase at a later time, provides an owner with an opportunity for a luxurious on-site residence or additional rental income. 3. Condominium Ownership Flexibility: The condominium ownership structure allows for future disposition flexibility, including the potential future sale of individual units at a premium to users, adds to a diverse investment strategy. 4.The ability to offer tenants some onsite parking, coupled with extra parking available for lease next door, further enhances the property’s attractiveness. Property Facts: • Number of Condos: 3 Commercial, 1 Residential • Rentable office/retail pace: 15,500 sq ft total / 1st floor: 3,500 sq ft/ 2nd floor: 6,000 sq ft/ 3rd floor: 6,000 sq ft • Office/Retail onsite parking spaces: 15 • One of a kind penthouse: 4 bedrooms, 4.5 baths /AC and heated: 5,426 sq ft / Covered terraces: 592 sq ft / Garage: 1,347 sq ft / Total: 7,365 sq ft • 6 car garage plus 1 guest spot

Get in touch
Listing provided by Realty Center International
Community / School Information