Historic Mixed-Use
New
For Sale
$479,000
2308 E 4TH AVENUE, Tampa, FL 33605
Three private rooms, two full baths, and a separate kitchen create a versatile layout for business use.
Property Size1,311 SF
Lot Size0.11 Acres
Price / SF$365.37
Days on Market4
Property Features for 2308 E 4TH AVENUE
General Information
Standard status
Active
Size
1,311 SF
Lot size
0.11 Acres
Property subtype
Mixed Use
Zoning
YC-7
Additional Details
Highway Access
Yes
Amenities
granite kitchen
interior laundry room
garden
detached outbuilding
Building Details
Year Built
1903
Year Renovated
2017
Listing Agency:
PINEYWOODS REALTY LLC
(813) 225-1890
Listed By:
Brian Frey · License #3344207
(404) 558-5692
Source:
Dennisrealty
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 19 at 9:01AM
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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Investment Insights
Based on property information with market context.
Built in 1903 and renovated in 2017, this 1,311-square-foot bungalow has three private rooms, two full bathrooms, a granite kitchen with stainless appliances, and an interior laundry room. The 50-by-95-foot parcel is zoned YC-7 Ybor City Mixed Use and falls within both the Ybor City National Historic Landmark District and the local historic district. Wood and tile floors, 11-foot ceilings, and double-pane windows with custom screens are among the interior features. Renovation work included replumbing, a 200-amp electrical panel, a metal roof, central AC, and a water heater.
A gated driveway provides off-street parking, while fencing encloses the lot, which also has a garden and a detached outbuilding. The property is steps from the restaurants and shops along 7th Avenue, with access to Downtown Tampa, Channelside, I-4, and the Selmon Expressway. The prior use was as an office; intended uses should be confirmed with the City of Tampa.
A gated driveway provides off-street parking, while fencing encloses the lot, which also has a garden and a detached outbuilding. The property is steps from the restaurants and shops along 7th Avenue, with access to Downtown Tampa, Channelside, I-4, and the Selmon Expressway. The prior use was as an office; intended uses should be confirmed with the City of Tampa.
Key Highlights
- 1,311‑square‑foot bungalow built in 1903 and renovated in 2017
- YC‑7 Ybor City Mixed Use zoning; located in two Ybor City historic districts
- Three private rooms, two full baths, granite kitchen, and interior laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,816
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,320
$356.3K
Cap Rate 7%
$254,514
$254.5K
Cap Rate 9%
$197,956
$198.0K
Market Conditions
NOI Build-Up for 1,311 SF
Gross rent
$31.5K $24.00/SF
− Vacancy
−$7.7K −$5.88/SF
EGI
$23.8K $18.12/SF
− OpEx
−$5.9K −$4.53/SF
NOI
$17.8K $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%
$356,320
Cap Rate 7%
$254,514
Cap Rate 9%
$197,956
Alternative Uses
Best Use
Office B
$254.5K
$222.7K – $296.9K
NOI $17,816 @ 7.0% cap · market cap 3.72%
Second Best
Mixed Use
$252.8K
$221.2K – $295.0K
NOI $17,699 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$305.4K
$267.3K – $356.3K
NOI $21,380 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,741
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 separate kitchen create a versatile layout for business use.
Where is this mixed-use property located?
The property is located at 2308 E 4TH AVENUE 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: 1,311‑square‑foot bungalow built in 1903 and renovated in 2017; YC‑7 Ybor City Mixed Use zoning; located in two Ybor City historic districts; Three private rooms, two full baths, granite kitchen, and interior laundry
