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Investment Highlights

  • Locatedon East Bay one block over from the Starkey / Keene Redlight.
  • Convenient access to major roadways and local amenities.

Executive Summary

SVN Commercial Advisory Group is pleased to present a compelling investment opportunity at 2600 E Bay Drive in Largo, Florida.
This ±17,404 square foot, two-story commercial asset sits on a highly visible 1.76-acre site along one of Mid-Pinellas’ primary corridors, offering a rare combination of in-place income, credit tenancy, and long-term upside.
The ground floor is fully leased to Bank of America, providing a strong foundation of cash flow backed by a nationally recognized institution. The tenant has approximately 3.5 years of term remaining along with multiple 5-year renewal options, creating both income stability and future repositioning flexibility.
The second floor consists of five office suites currently leased on a month-to-month basis, presenting a clear value-add opportunity for an investor to mark rents to market, re-tenant, or reposition the space to significantly enhance NOI.
The property is well-suited for a range of buyer profiles, including:
• Investors seeking stable income with upside potential
• Value-add buyers looking to capitalize on below-market rents
• Developers pursuing a covered land play in a growing corridor
With strong frontage, ample parking, and underlying land value, this asset offers multiple paths to value creation in a supply-constrained submarket.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
17,670 SF
Building Class
B
Year Built
1975
Price
$2,533,963 CAD
Price Per SF
$143.40 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,000 SF
Slab To Slab
12’
Building FAR
0.23
Lot Size
1.76 AC
Zoning
CG, County - commercial general

Amenities

  • Banking
  • Signage
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
36-29-15-92743-000-0010
Land Assessment
$892,187 CAD
Improvements Assessment
$1,179,500 CAD
Total Assessment
$2,071,686 CAD
  • Listing ID: 35121722

  • Date on Market: 2025-03-13

  • Last Updated:

  • Address: 2600 E Bay Dr, Largo, FL 33771

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