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Downtown CBD-1 Development Parcel
For Sale
$2,500,000

1001 N FRANKLIN Street, Tampa, FL 33602

Commercial Sale, TAMPA, FL

Property Size9,684 SF
Lot Size0.13 Acres
Price / SF$258.16
Days on Market331

Property Features for 1001 N FRANKLIN Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CBD-1
Subdivision TAMPA GENERAL MAP OF 1853
Directions I-275 to South on Ashley Drive to East on Fortune Street to South on Franklin Street. The property will be on the NE corner of Franklin Street and Tyler Street.
Standard status Active
APN A-13-29-18-4ZI-000008-00003.1
Size 9,684 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description THE S 1/2 OF LOT 3 BLOCK 8, TAMPA GENERAL MAP OF 1853, PLAT BOOK 1, PAGE 7
Tax Annual Amount 12073
Legal Description THE S 1/2 OF LOT 3 BLOCK 8, TAMPA GENERAL MAP OF 1853, PLAT BOOK 1, PAGE 7

Building Details

Year built 1905
Floors in Building 2
Building materials Block, Brick
Listing Agency: PALERMO REAL ESTATE PROF. INC.
Listed By: Michael Palermo · License #681569
Added: Oct 13, 2025 Changed: Aug 24 Last Checked: Sep 8 at 3:06PM
MLS# TB8427651

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 0.13-acre commercial land parcel contains 9,684 square feet at 1001 N. Franklin Street in Tampa. The site is zoned CBD-1, a designation that permits medium- to high-rise development with no FAR restrictions.

The property occupies the northeast corner of Franklin Street and Tyler Street in downtown Tampa. Herman Massey Park is directly across the street, while luxury high-rise apartments, dining venues, and entertainment destinations surround the site. The parcel is located in Hillsborough County within the 33602 postal code.

Key Highlights

  • 0.13‑acre commercial land parcel with 9,684 square feet
  • CBD‑1 zoning allows medium- to high‑rise development
  • No FAR restrictions under the current CBD‑1 zoning

Property Analytics

Current Use

Commercial land

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner site in central Tampa with zoning that supports medium- to high-rise development without FAR restrictions.
Where is this commercial land located?
The property is located at 1001 N FRANKLIN Street 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: 0.13‑acre commercial land parcel with 9,684 square feet; CBD‑1 zoning allows medium- to high‑rise development; No FAR restrictions under the current CBD‑1 zoning
More about this property
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