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Mixed-Use Property with Residential Units
For Sale
$1,430,000

4624 N HUBERT Avenue, Tampa, FL 33614

Commercial Sale, TAMPA, FL

Property Size5,201 SF
Lot Size0.37 Acres
Price / SF$274.95
Days on Market148

Property Features for 4624 N HUBERT Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning IG
Subdivision DREW PARK RE OF
Directions From N Dale Mabry Hwy, head east on W Waters Ave, turn right onto N Hubert Ave, and continue south to property located at 4624 N Hubert Ave on the left.
Standard status Active
APN A-04-29-18-3IP-000045-00001.0
Size 5,201 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description DREW PARK RE PLAT OF LOTS 1 AND 2 BLOCK 45
Tax Annual Amount 13698
Legal Description DREW PARK RE PLAT OF LOTS 1 AND 2 BLOCK 45

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2000
Floors in Building 2
Number of units 3
Building materials Concrete, Stucco
Roof type Shingle
Listing Agency: EXP REALTY LLC
Listed By: ELIZABETH COLON · License #3488620
Added: May 13 Changed: Aug 24 Last Checked: Oct 7 at 12:06PM
MLS# TB8508496

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.

This mixed-use property combines commercial and residential components within a 5,201-square-foot building on a 0.37-acre corner lot. The ground level contains flexible commercial space, while the second floor includes two residential units. The property is zoned IG and may support retail, office, service business, or other permitted uses as applicable under the zoning designation.

Built in 2000, the structure features concrete and stucco construction, a shingle roof, central heating, and central air conditioning. Public water and public sewer serve the property, and parking is available on site. Its Tampa location provides access to major roadways, shopping, dining, and surrounding business districts.

Key Highlights

  • 5,201‑square‑foot mixed‑use building on 0.37 acres
  • Ground‑floor commercial area with two residential units upstairs
  • IG zoning designation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,061
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,220 $1.0M
Cap Rate 7%
$729,443 $729.4K
Cap Rate 9%
$567,344 $567.3K
Market Conditions
NOI Build-Up for 5,201 SF
Gross rent
$78.0K $15.00/SF
− Vacancy
−$5.1K −$0.98/SF
EGI
$72.9K $14.03/SF
− OpEx
−$21.9K −$4.21/SF
NOI
$51.1K $9.82/SF
Area
ZIP 33614
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,220
Cap Rate 7%
$729,443
Cap Rate 9%
$567,344

Alternative Uses

Best Use
Retail
$729.4K
$638.3K – $851.0K (±1% cap)
NOI $51,061 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$683.3K
$597.9K – $797.2K (±1% cap)
NOI $47,834 @ 7.0% cap · market cap 3.35%
Theoretical Best
Multifamily LT 5
$867.3K
$758.9K – $1.01M (±1% cap)
NOI $60,708 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sweet Grocery Grocery & Convenience Store 2 Brothers Food ... Restaurant Markeyplace Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Garden Center Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,254
Businesses Nearby

Demographics for 33614, FL

47,695
Population
19,660
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
4,917
Density / Sq Mi
$51,143
Median Household Income
$31,350
Median Earnings
$1,399
Median Rent
$295,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with two upstairs residential units.
Where is this mixed-use property located?
The property is located at 4624 N HUBERT Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: 5,201‑square‑foot mixed‑use building on 0.37 acres; Ground‑floor commercial area with two residential units upstairs; IG zoning designation
More about this property
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