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Downtown Tampa Redevelopment Opportunity

1001 N Franklin St, Tampa, FL 33602

For Sale
$2,500,000

Prime commercial land for redevelopment in downtown Tampa.

Property Size9,684 SF
Price / SF$258.16
Days on Market247

Property Features for 1001 N Franklin St

General Information

Standard status Active
Size 9,684 SF

Site & Location

Neighborhood Downtown River Arts Neighborhood Association

Building Details

Year Built 1905
Listing Agency: PALERMO REAL ESTATE PROF. INC.
Listed By: Michael Palermo · License FL #681569
Source: Fulcrum-residential
Added: Mar 11 Changed: Nov 10 Last Checked: Oct 4 at 1:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PALERMO REAL ESTATE PROF. INC.

Rey
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Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity in downtown Tampa. The current zoning (CBD-1) allows for medium to high-rise development without floor area ratio (FAR) restrictions. Situated at the northeast corner of Franklin Street and Tyler Street, the location at 1001 N. Franklin St. is in the heart of downtown Tampa. The surrounding area includes luxury high-rise apartments, dining and entertainment venues, and the newly renovated Herman Massey Park across the street. This commercial land is suitable for commercial real estate development.

Key Highlights

  • Prime downtown Tampa location at the NE corner of Franklin Street and Tyler Street
  • Redevelopment opportunity with CBD‑1 zoning allowing medium to high‑rise development
  • No FAR (Floor Area Ratio) restrictions for development

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Locksmith Mobile Phone Store Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

6,220
Businesses Nearby

Demographics for 33602, FL

19,936
Population
11,972
Households
1.7
Avg Household Size
36
Median Age
61%
College-Educated
92%
High-School Grad
2.6 sq mi
ZIP Area
7,668
Density / Sq Mi
$88,569
Median Household Income
$66,434
Median Earnings
$2,119
Median Rent
$560,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in Tampa, FL

$965 Jul
$825 Aug
$780 Sep
$796 Oct

Properties on Market for Commercial land in Tampa

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial land for redevelopment in downtown Tampa.
Where is this commercial land located?
The property is located at 1001 N Franklin St Tampa, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime downtown Tampa location at the NE corner of Franklin Street and Tyler Street; Redevelopment opportunity with CBD‑1 zoning allowing medium to high‑rise development; No FAR (Floor Area Ratio) restrictions for development
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