Versatile Mixed-Use Property in
2807 LOCICERO DRIVE Tampa, FL 33619
2807 LOCICERO DRIVE, Tampa, FL, 33619
$575,000
For Sale
$575,000
Mixed Use - TAMPA, FL
Property Size1,528 SF
Lot Size0.55 Acres
Price / SF$376.31
Days on Market137
Property Features for 2807 LOCICERO DRIVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- CG
- Security features
- Smoke Detector(s)
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- U-11-29-19-1N2-000003-A0000.2
- Size
- 1,528 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4908
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Building materials
- Frame, Vinyl Siding, Wood Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
IMPACT REALTY TAMPA BAY
(813) 321-1200
3309 W Bay to Bay Blvd, Tampa, FL
Listed by
Lemee Raniya · License #3576182
(516) 567-1354
Added: Mar 6 Updated: Apr 17 at 5:07 pm Checked: Jul 21 at 2:06 am
MLS# TB8482196
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.
Investment Insights
Based on property information with market context.
Located in Tampa Bay's rapidly expanding commercial corridor, this mixed-use property offers flexibility and potential. It is suited for investors, developers, or owner-operators, and supports uses such as professional office, medical, retail, boutique storefront, light industrial, distribution, or administrative headquarters. The property sits on a single parcel with preliminary potential for subdivision into three separate lots, subject to municipal approval. Renovations have enhanced functionality and curb appeal, creating a residential-inspired aesthetic. The property features a 3-bedroom, 2-bath main layout plus an additional 1-bedroom, 1-bath suite, two full kitchens including a remodeled kitchen in 2024, spacious oversized rooms, walk-in showers in Baths 1 and 3, a tub in Bath 2, a 2023 roof and A/C system, and a metal shed for additional storage. Established parking, utilities, and site access support immediate operational readiness. The property includes an additional 300 square feet detached outbuilding featuring its own A/C, full bathroom, and kitchenette, suitable for a guest suite, home office, studio, gym, or private workspace. The property is located near major transportation routes and key Tampa business districts, offering accessibility, logistical convenience, and regional connectivity. The lot size is 0.55 acres and the property size is 1528 square feet.
Key Highlights
- High‑visibility Commercial Mixed‑Use property in a rapidly expanding Tampa Bay commercial corridor.
- Potential for subdivision into three separate lots for multiple income streams (subject to approval).
- Versatile site supporting a wide range of permitted uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $24.00 |
| − Vacancy | −$9.0k | −$5.88 |
| EGI | $27.7k | $18.12 |
| − OpEx | −$6.9k | −$4.53 |
| NOI | $20.8k | $13.59 |
1,528 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$296.7K
$259.6K – $346.1K
NOI $20,766 @ 7.0% cap · market cap 3.61%
Second Best
Mixed Use
$294.7K
$257.9K – $343.8K
NOI $20,628 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$356.0K
$311.5K – $415.3K
NOI $24,919 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Mixed-use property - High-visibility commercial property with flexibility and upside potential.
Where is this mixed-use property located?
The property is located at 2807 LOCICERO DRIVE Tampa, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: High‑visibility Commercial Mixed‑Use property in a rapidly expanding Tampa Bay commercial corridor.; Potential for subdivision into three separate lots for multiple income streams (subject to approval).; Versatile site supporting a wide range of permitted uses.
