1517 E 5Th Ave Tampa, FL 33605
This exceptional 2,710-square-foot mixed-use property in Tampa's vibrant Historic Ybor City is a unique investment opportunity. Located on three contiguous lots totaling 9,975 square feet, this adaptive reuse warehouse boasts soaring ceilings, walls of glass, and abundant natural light. A full kitchen with stainless steel appliances and granite countertops is perfect for entertaining, while an upstairs office loft offers privacy and includes a large walk-in closet and modern bathroom with dual vanities. The building meets or exceeds current hurricane codes, featuring highly rated insulation and hurricane shutters. The fully fenced and gated property offers ample off-street parking, ideal for large gatherings. Two open lots provide a tranquil urban oasis with an existing urban garden and patio. The versatile space is suitable for various uses, including an art gallery, wine bar, beer garden, or event space. Two separate HVAC units ensure energy efficiency. The property benefits from the YC-6 zoning designation, allowing for residential, commercial, hospitality, and multi-family uses. Zero lot line development zoning maximizes the potential for future expansion. Its location in an Opportunity Zone offers attractive investment strategies. The nearby Centro Ybor Parking Garage provides convenient parking. The property was renovated in 2005 and has been occupied since February 1, 2022. The asking price is $2,300,000.
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Celebrity Cigar (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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