Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Land in South Tampa Title is generated by Realmo AI

    2640 S DUNDEE STREET, Tampa, FL 33629

    View on Map
    Claim this Listing
    For Sale
    $1,250,000

    Land - TAMPA, FL

    Lot size:
    0.24 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    92
    Last Refresh:
    Jun 6 at 9:06 pm

    Property Features for 2640 S DUNDEE STREET

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RS-75
    Exterior features
    Level, Paved, Fencing, Dock
    Dock
    1
    Fencing
    Fenced
    Standard status
    Active
    APN
    A-32-29-18-3T7-000026-00019.0
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    19349

    Utilities

    Water front features
    Canal - Saltwater, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    B G Holmberg, PA

    Listing agent B G Holmberg, PA License #650532

    Listing office SMITH & ASSOCIATES REAL ESTATE 3801 W Bay To Bay Blvd, Tampa, FL

    Listing date Mar 6, 2026

    MLS# TB8483856 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Direct waterfront access to the bay with no bridges
    • Cleared, level lot ready for new construction
    • Ample space for a home of 5000+ sq ft, 3‑car garage, pool/spa, and greenspace
    • Waterfront property in South Tampa
    • 66 feet of waterfrontage
    • Dock included

    Overview

    This 0.24-acre waterfront land is located in Tampa, Florida. The cleared, level lot offers direct access to the bay without bridges. The property has 72 feet of frontage and 66 feet of water frontage, with a depth of 126 to 133 feet. Zoned RS-75, the lot is ready for new construction and provides ample space for a home of 5000 square feet or more, along with a three-car garage, pool, spa, and greenspace. It is located in Hillsborough County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.526409
    Latitude
    27.918415

    Nearby Similar for Sale

    • $780,000
      2,730 SF

      Updated Office Building in Tampa

      Professional office building in prime Carrollwood location with high visibility.
      13506 N ROME AVENUE, TAMPA, FL 33613
      View Details
    • $2,693,480
      15,844 SF

      Industrial Flex Facility with Showroom

      Owner-user industrial flex with high-clear warehouse, showroom/office, and multiple grade-level and receiving doors along a high-traffic corridor.
      9945 RACE TRACK ROAD, TAMPA, FL 33626
      View Details
    • $1,950,000
      6,780 SF

      Spacious Industrial Building on Large Lot

      6,780 SF commercial building on 1.8-acre lot in Tampa.
      5802 N OCCIDENT STREET, TAMPA, FL 33614
      View Details
    • $525,000
      2,112 SF

      Versatile Tampa Medical Office Building

      Move-in ready office building near USF, ideal for investors.
      13308 WINDING OAK COURT, TAMPA, FL 33612
      View Details
    • $1,650,000
      5,242 SF

      High-Exposure Commercial Building Near Busch Gardens

      Two-story commercial building with high visibility and strong income potential.
      3601 E Busch Boulevard, Tampa, FL 33612
      View Details
    • $1,500,000
      2,800 SF

      South Tampa Flex Building

      Flex building with three units, storage, and parking.
      5001 S MACDILL AVENUE, TAMPA, FL 33611
      View Details
    • $1,700,000
      3,990 SF

      Versatile Tampa Office Investment Opportunity

      Adaptable commercial space near St. Joseph's Hospital and Tampa Airport.
      4109 N ARMENIA, TAMPA, FL 33607
      View Details
    • $695,000
      3,000 SF

      Two-Story Office Condominium

      Flexible office and operational storage layout with abundant natural light and convenient access to major regional routes.
      3816 GUNN HIGHWAY, TAMPA, FL 33618
      View Details
    • $879,000
      1,435 SF

      Luxury Garage Condominium in Tampa

      Customizable 1,435 SF garage condo in premier motorsports community.
      6500 MOTOR ENCLAVE WAY, TAMPA, FL 33610
      View Details
    • $575,000
      1,528 SF

      Versatile Mixed-Use Property in Tampa

      High-visibility commercial property with flexibility and upside potential.
      2807 LOCICERO DRIVE, TAMPA, FL 33619
      View Details
    • $1,200,000
      6,780 SF

      Tampa Engineering Service Company Business

      50-year-old geotechnical engineering and construction materials testing firm for sale.
      5802 N OCCIDENT STREET, TAMPA, FL 33614
      View Details
    • $895,000
      3,189 SF

      Professional Office Building on Gunn Highway

      Well-maintained office building in a desirable Tampa location.
      8345 GUNN HIGHWAY, TAMPA, FL 33626
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront lot with direct bay access, ready for construction.
    Where is this waterfront land located?
    The property is located at 2640 S DUNDEE STREET Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Direct waterfront access to the bay with no bridges; Cleared, level lot ready for new construction; Ample space for a home of 5000+ sq ft, 3‑car garage, pool/spa, and greenspace
    (813) 839-3800
    We can help!
    Listing Contact
    B G Holmberg, PA
    Real Estate License ID: 650532
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2640 S DUNDEE STREET, TAMPA, FL 33629
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!