4320 N Nebraska Ave Tampa, FL 33603

This multi-use income assemblage presents a redevelopment opportunity in Southeast Seminole Heights, a rapidly growing district of Tampa. The property, consisting of four lots, is located minutes from Downtown Tampa, Armature Works, I-275, I-4, and the Riverwalk, along a high-visibility, high-traffic corridor with over 160,000 vehicles per day. The SH-CG (Commercial General) zoning allows for mixed-use development options, including retail, residential, multi-family, and boutique commercial spaces. Situated within a designated Opportunity Zone and active CRA district, the site may qualify for tax incentives and city-supported growth initiatives. The assemblage includes: a 12,600 square foot parking lot with an ice machine; a 5,481 square foot commercial parcel with a small restaurant and key shop; a vacant 1,260 square foot garage/storage space; and a 3,631 square foot 1940s bungalow. The area is experiencing infill and multi-family growth, with townhomes, duplexes, and multi-family projects underway. Access to the Green ARTery Network trail system connects to Tampa Heights, Ybor City, and the Riverwalk. The median household income in the area is over $78,604, and median rents are around $2,500 per month. Zoning changes in the area now permit townhouses and duplexes in formerly single-family zones. This property offers potential for cash flow, adaptive reuse, and redevelopment in a growing neighborhood.