Tampa Mixed-Use Live/Work Opportunity

3417 E LAKE AVENUE Tampa, FL 33610

Claim this Listing
For Sale
$298,000

Mixed Use - TAMPA, FL

Type:Mixed Use
Property size:
1,391 SF
Lot size:
0.15 Acres
Price / SF:
$214/SF
Added:
Sep 19, 2025
Days on Market:
297
Last Refresh:
Jul 12 at 6:06 pm

Property Features for 3417 E LAKE AVENUE

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Zoning
CI
Security features
Smoke Detector(s)
Exterior features
Corner Lot
Appliances
Dryer, Microwave, Refrigerator
Standard status
Active
APN
A-08-29-19-4NA-000001-00013.0
Size
1,391 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2540.77

Utilities

Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1925
Number of units
1
Building materials
Frame
Roof type
Shingle
Architectural style
Other

Listing agent Correy Smith License #3347183

Listing office KELLER WILLIAMS SOUTH TAMPA 3003 W. Azeele St., Tampa, FL

Listing date Sep 19, 2025

MLS# TB8427415 Listing URL

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 1,391 square foot residence, constructed in 1925, is located in the Forest Park subdivision. Currently used as a family home, it offers flexibility with its Mixed-Use designation and Commercial Intensive (CI) zoning. The property features central air and two restrooms. Situated on a 0.15-acre lot, it presents a chance for a live/work lifestyle, a home-based business, or future development. This property is part of a larger 9-property portfolio being offered by a retiring owner.

Key Highlights

  • Mixed‑Use designation and Commercial Intensive (CI) zoning allows for live/work lifestyle, home‑based business, or future development.
  • Part of a 9‑property income‑producing portfolio offered by a retiring owner.
  • Spacious lot size.

Local Financial Insights For Mixed Use

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 $30.0k $21.60
− Vacancy −$3.0k −$2.16
EGI $27.0k $19.44
− OpEx −$10.1k −$7.29
NOI $16.9k $12.15
1,391 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$241.4K
$211.3K – $281.7K (±1% cap)
NOI $16,901 @ 7.0% cap · market cap 5.67%
Second Best
Office B
$234.0K
$204.8K – $273.0K (±1% cap)
NOI $16,381 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$320.8K
$280.7K – $374.3K (±1% cap)
NOI $22,457 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Gym & Fitness Center Accounting Firm Kitchen & Bath Showroom Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Unique 1925 Tampa home with live/work potential.
Where is this mixed-use property located?
The property is located at 3417 E LAKE AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Mixed‑Use designation and Commercial Intensive (CI) zoning allows for live/work lifestyle, home‑based business, or future development.; Part of a 9‑property income‑producing portfolio offered by a retiring owner.; Spacious lot size.
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