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    3221-3233 Cypress St Tampa, FL 33607

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    For Sale
    $2,545,000

    Recently renovated mixed-use property near Midtown Tampa.

    Property size:
    7,104 SF
    Lot size:
    0.36 Acres

    Property Features for 3221-3233 Cypress St

    General Information

    Size
    7,104 SF
    Lot size
    0.36 Acres

    Source: RIPCO Real Estate | Tampa Agent Ari Ravi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tampa Mixed-Use Investment Opportunity

    This mixed-use property offers approximately 7,104 square feet of space on W Cypress Street in Tampa, Florida. The property includes six first-floor retail units and three second-floor residential units. The residential component features one 900-square-foot two-bedroom apartment and two 677-square-foot one-bedroom apartments. The retail suites are currently fully occupied, and the apartments are utilized as Airbnb units. Situated just four blocks south of I-275, which connects I-4 to downtown St. Petersburg, the location benefits from high traffic volume, with over 250,000 AADT on I-275. The property is also located approximately half a mile from Midtown Tampa, a 22-acre mixed-use development. The section of W Cypress Street where the property is located experiences an AADT of 16,800. Within a three-mile radius, the area has a population of 125,627 and an average household income of $137,995. The property has been recently renovated with resurfaced parking and extensive interior and exterior upgrades.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.4962716
    Latitude
    27.9523355

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    FAQs

    What type of property is this?
    Mixed-use property - Recently renovated mixed-use property near Midtown Tampa.
    Where is this mixed-use property located?
    The property is located at 3221-3233 Cypress St Tampa, FL.
    What is the asking price?
    The asking price for this property is $2,545,000.
    What are key features of this property?
    This property features: - Value-add mixed-use property in a prime location.; - Located a half mile from Midtown Tampa, a 22-acre mixed-use development.; - **High traffic location** on W Cypress Street with 16,800 AADT.
    (813) 921-5640
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    Realmo Value Estimation

    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.

    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.

    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
    3221-3233 Cypress St Tampa, FL 33607
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