1504 S Howard Avenue TAMPA Tampa, FL 33606
PD-zoned parcel with an approved restaurant plan and parking for 47 near Hyde Park and Bayshore.
Property Features for 1504 S Howard Avenue TAMPA
General Information
- Standard status
- Active
- Size
- 23,991 SF
- Lot size
- 0.50 Acres
Building Details
- Year Built
- 1957
Listing office (904) 569-5862
Listing date Jul 7, 2026
Source Movetojacksonville
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All listing content including descriptions, pricing, images are the copyrighted material of Morgan Friesen
Investment Insights
Based on property information with market context.
The property includes a house located at 1401 DeSoto, built in 1957, totaling 2,550 square feet, and it provides multiple frontages: 59 feet on DeSoto and 232 feet each on Howard and Hills. The parcel is described as being in South Tampa’s SOHO area, steps away from Hyde Park and Bayshore Blvd, with surrounding established residential neighborhoods plus retail, dining, and nightlife.
For restaurateurs, owner-users, and investors, the combination of PD zoning and a ready, approved restaurant framework supports a straightforward path to develop a dining concept with indoor and outdoor seating, supported by on-site parking. The PD designation is described as offering flexibility to combine residential, commercial, institutional, recreational, and other uses, which can be useful for tailoring a future site plan within the planned development framework.
Key Highlights
- 0.56‑acre, 1‑lot parcel in a PD zoning district with approved restaurant use plans
- Approved restaurant seating: 185 seats with 7,800 SF interior and 600 SF patio seating
- Parking for 47 spaces included with the approved restaurant development plan
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $460.6k | $19.20 |
| − Vacancy | −$23.0k | −$0.96 |
| EGI | $437.6k | $18.24 |
| − OpEx | −$109.4k | −$4.56 |
| NOI | $328.2k | $13.68 |
