Historic Mixed-Use
New
For Sale
$479,000
2308 E 4TH, Tampa, FL 33605
Three private rooms, two full baths, and a detached outbuilding support a range of work and live-work configurations.
Property Size1,176 SF
Lot Size0.11 Acres
Days on Market2
Property Features for 2308 E 4TH
General Information
Standard status
Active
Size
1,176 SF
Lot size
0.11 Acres
Property subtype
Commercial
Zoning
YC-7 Ybor City Mixed Use
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,719
Building Details
Building Size
1,176 SF
Year Built
1903
Year Renovated
2017
Buildings
2
Construction
bungalow
Listing Agency:
Pineywoods Realty LLC
Listed By:
Brian Frey · License #3344207
(404) 558-5692
Source:
Elliman
Added: Oct 19
Last Checked: Oct 19 at 2:43PM
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 Pineywoods Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1903 and renovated in 2017, this freestanding bungalow has three private rooms, two full baths, a kitchen with granite counters and stainless appliances, and an interior laundry room. Wood and tile flooring, 11-foot ceilings, double-pane windows, central AC, a metal roof, and a 200-amp electrical panel are among its features. The fenced 50 x 95 lot includes a gated driveway, garden, and detached outbuilding. The property is zoned YC-7 Ybor City Mixed Use and lies within both the National Historic Landmark District and the local historic district. It was previously used as an office; specific future uses should be verified with the City of Tampa.
The property is at 2308 E 4TH in Tampa, near the restaurants, shops, and pedestrian activity of 7th Avenue. Downtown Tampa, Channelside, I-4, and the Selmon Expressway are accessible from the area. WalkScore is 76, BikeScore is 79, and TransitScore is 50.
The property is at 2308 E 4TH in Tampa, near the restaurants, shops, and pedestrian activity of 7th Avenue. Downtown Tampa, Channelside, I-4, and the Selmon Expressway are accessible from the area. WalkScore is 76, BikeScore is 79, and TransitScore is 50.
Key Highlights
- 1903 bungalow renovated in 2017
- Zoned YC‑7 Ybor City Mixed Use
- Located in the Ybor City National Historic Landmark District and local historic district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,982
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,640
$319.6K
Cap Rate 7%
$228,314
$228.3K
Cap Rate 9%
$177,578
$177.6K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$28.2K $24.00/SF
− Vacancy
−$6.9K −$5.88/SF
EGI
$21.3K $18.12/SF
− OpEx
−$5.3K −$4.53/SF
NOI
$16.0K $13.59/SF
Area
Tampa, FL
Vacancy
24.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,640
Cap Rate 7%
$228,314
Cap Rate 9%
$177,578
Alternative Uses
Best Use
Office B
$228.3K
$199.8K – $266.4K
NOI $15,982 @ 7.0% cap · market cap 3.34%
Second Best
Mixed Use
$226.8K
$198.5K – $264.6K
NOI $15,876 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$274.0K
$239.7K – $319.6K
NOI $19,178 @ 7.0% cap · market cap 4.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
Explore this area
Business Placement
Demographics for 33605, FL
18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Office in Tampa, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three private rooms, two full baths, and a detached outbuilding support a range of work and live-work configurations.
Where is this mixed-use property located?
The property is located at 2308 E 4TH Tampa, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 1903 bungalow renovated in 2017; Zoned YC‑7 Ybor City Mixed Use; Located in the Ybor City National Historic Landmark District and local historic district
