Mixed-Use
For Sale
Contact for pricing
3602 - 3626 Manhattan Ave., Tampa, FL 33629
Contiguous parcels with existing retail, medical office, and residential improvements are zoned CG.
Property Size13,164 SF
Price / SF$463.38
Days on Market193
Property Features for 3602 - 3626 Manhattan Ave.
General Information
Standard status
Active
Size
13,164 SF
Class
D
Property subtype
Office, Retail
Zoning
CG
Occupancy
100%
Lease Type
Gross
Investment Type
Redevelopment
Net Operating Income
$201,452
Building Details
Year Built
1950
Buildings
7
Stories
1
Tenancy
Multi
Listing Agency:
RE/MAX Realtec Group
Listed By:
Daniel Nelson · License #RE/MAX Commercial CQ273784
(813) 323-3353
Source:
Crexi
Added: Apr 6
Changed: Oct 10
Last Checked: Oct 14 at 11:58PM
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 RE/MAX Realtec Group
Investment Insights
Based on property information with market context.
This 1.09-acre mixed-use assemblage comprises multiple contiguous parcels at 3602–3626 Manhattan Avenue and 3611 and 3613 South Coolidge Avenue. Existing improvements include retail store, medical office, and residential structures, with the improvements dating to 1950. The property is zoned CG and is positioned for redevelopment or continued use of the existing buildings.
The site is near West Euclid Avenue and South Dale Mabry Highway, with connections to Downtown Tampa, Tampa International Airport, and the wider Tampa Bay region. Surrounding land uses include high-end residential, mixed-use, and neighborhood-serving retail properties. The assemblage is located in Tampa’s 33629 ZIP code.
The site is near West Euclid Avenue and South Dale Mabry Highway, with connections to Downtown Tampa, Tampa International Airport, and the wider Tampa Bay region. Surrounding land uses include high-end residential, mixed-use, and neighborhood-serving retail properties. The assemblage is located in Tampa’s 33629 ZIP code.
Key Highlights
- 1.09‑acre assemblage comprising multiple contiguous parcels
- Addresses include 3602–3626 Manhattan Avenue and 3611 and 3613 South Coolidge Avenue
- Existing retail store, medical office, and residential structures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,836
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,836,720
$3.8M
Cap Rate 7%
$2,740,514
$2.7M
Cap Rate 9%
$2,131,511
$2.1M
Market Conditions
NOI Build-Up for 13,164 SF
Gross rent
$347.5K $26.40/SF
− Vacancy
−$27.8K −$2.11/SF
EGI
$319.7K $24.29/SF
− OpEx
−$127.9K −$9.72/SF
NOI
$191.8K $14.57/SF
Area
Tampa, FL
Vacancy
8.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,836,720
Cap Rate 7%
$2,740,514
Cap Rate 9%
$2,131,511
Alternative Uses
Best Use
Healthcare Medical
$2.74M
$2.40M – $3.20M
NOI $191,836 @ 7.0% cap · market cap 3.14%
Second Best
Office B
$2.56M
$2.24M – $2.98M
NOI $178,899 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$3.07M
$2.68M – $3.58M
NOI $214,679 @ 7.0% cap · market cap 3.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 33629, FL
26,394
Population
11,237
Households
2.3
Avg Household Size
41
Median Age
77%
College-Educated
98%
High-School Grad
4.8 sq mi
ZIP Area
5,499
Density / Sq Mi
$158,337
Median Household Income
$88,821
Median Earnings
$1,758
Median Rent
$764,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tampa, FL
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Contiguous parcels with existing retail, medical office, and residential improvements are zoned CG.
Where is this mixed-use property located?
The property is located at 3602 - 3626 Manhattan Ave. Tampa, FL.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: 1.09‑acre assemblage comprising multiple contiguous parcels; Addresses include 3602–3626 Manhattan Avenue and 3611 and 3613 South Coolidge Avenue; Existing retail store, medical office, and residential structures
