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    FOR SALE
    Showrooms

    3016 N Florida Ave, Tampa, FL 33603

    4,296 SF 1.15 ac lot Built 1988
    Entity Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-4669547
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1988
    Construction STEEL FRAME
    Total area 4,296 SF
    Lot 1.15 ac (50,196 SF)
    Zoning code CI
    APN A1229184QS000000000010
    UPID US18-4669547
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $890k
    Comparable Approach Comparable
    $813k
    Blend (final) Blend
    $895k
    Owner & transaction history
    WORLDWIDE RESOURCES INC
    WORLDWIDE RESOURCES INC
    Zoning & alternative use
    CI · Tampa, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.2M +41.9%
    Neighborhood: shopping center $1.1M +36.6%
    Office building $1.1M +33.8%
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    More about this property
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