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304 E Waters Ave Tampa, FL 33604
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304 E Waters Ave Tampa, FL 33604


  • Office buildings
  • 7,988 SF
  • 0.41 lot acres
304 E Waters Ave, Tampa, FL 33604 For Sale
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304 E Waters Ave, Tampa, FL 33604

Mixed-use zoned land with high traffic and development potential.

304 E Waters Ave, Tampa, FL 33604
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Property ID
US18-4045979
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • TB Slingshot Rental / Car Rental Facility
  • Tampa Passenger Vans / Car Rental Facility
  • Tpa Van Rental / Car Rental Facility
  • TPA Shuttles / Moving Company / Logistics Company
  • Found-A-Ride / Freight Service / Logistics Company

Property Details for 304 E Waters Ave

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.41 lot acres
Property size
7,988 SF
Zone code
CG
Property type
Office buildings
APN
A252818ZZZ000005381800
APU
A252818ZZZ000005381800

Description

This exceptional 0.44-acre commercial lot, located at 304 E Waters Ave in Tampa, Florida (APN: A-24-28-18-3EF-000029-00005.0), is listed at $899,000. The property boasts a prime location on Waters Avenue, a busy thoroughfare with approximately 40,000-50,000 vehicles passing daily, offering unparalleled visibility and accessibility. Zoned CG/RS-50, this mixed-use lot allows for a wide range of development possibilities, including residential, retail, warehouse, multifamily, office buildings, or even a school. The lot size is approximately 19,000 square feet (1,765 square meters), and features 95 feet of frontage on Waters Avenue. Utilities including electricity, sewer, and water are readily available. The property is currently undergoing improvements, with a building under construction on-site. Note that the asking price will increase upon building completion. This location benefits from the proximity to major shopping centers, national anchor tenants, stores, and restaurants, creating a vibrant and desirable commercial environment. This is a truly exceptional opportunity for investors and developers seeking a high-traffic, versatile location in a thriving Tampa neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,930,000
    6.5%
    $1,780,000
    7%
    $1,655,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,164,000
    Market price range: $1.14M - $2.86M
    AI Estimate
    $1,533,000
    Market price range: $832k - $1.89M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,880,000
    Current use
    APARTMENT HOUSE (5+ UNITS)
    $2,930,000
    Change: +56% Conversion: Easy
    MEDICAL BUILDING
    $2,160,000
    Change: +15% Conversion: Easy
    NEIGHBORHOOD: SHOPPING CENTER
    $2,080,000
    Change: +11% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $1,540,000
    Change: -18% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $1,520,000
    Change: -19% Conversion: Easy

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4626
Latitude
28.025
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$578
$214,800
$1,069,171
$1,283,971
-
$214,800
$1,069,171
$1,283,971
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