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    3016 Florida Ave Tampa, FL 33603

    Sponsored
    For Sale
    $4,000,000

    1.16-Acre Commercial/Residential Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.16-acre parcel, located at 3016 N Florida Ave in Tampa, Florida's desirable Tampa Heights district, presents a unique urban infill redevelopment opportunity. Zoned CI, this property offers significant potential for a variety of commercial and residential uses. The site is conveniently situated approximately one mile north of Armature Works, a vibrant hub of activity, and enjoys a short four-minute drive time to this popular destination. Commuters will appreciate the property's proximity to major employment centers, including a fifteen-minute drive to the Westshore Business District and a six-minute drive to Downtown Tampa. Easy access to interstate highways ensures seamless connectivity throughout the region. The property's Folio number is 182348-0000. This is a qualified Opportunity Zone, offering potential tax advantages for eligible investors. The asking price for this prime piece of Tampa real estate is $4,000,000. The property's location within Hillsborough County, zip code 33603, offers a blend of urban convenience and residential appeal. This is an exceptional opportunity to capitalize on the growth and revitalization of Tampa Heights. The site's size and zoning provide considerable flexibility for developers seeking to create a landmark project in a thriving urban setting. The property's strategic location offers unparalleled access to Tampa's key business districts and transportation networks.

    Property Features for 3016 Florida Ave

    General Information

    Property type
    Land

    HighLights

    • Prime Tampa Heights location.
    • Exceptional urban infill redevelopment potential.
    • Qualified Opportunity Zone designation.
    • Commercial zoning.
    • One mile from Armature Works.
    • Fifteen‑minute drive to Westshore Business District; six minutes to Downtown Tampa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.459469412308
    Latitude
    27.972097656196

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    FAQs

    What type of property is this?
    Land - 1.16-Acre Commercial/Residential Lot
    Where is this land located?
    The property is located at 3016 Florida Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Prime Tampa Heights location.; Exceptional urban infill redevelopment potential.; Qualified Opportunity Zone designation.
    (813) 254-4900
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    3016 Florida Ave Tampa, FL 33603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3016 Florida Ave Tampa, FL 33603
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