For Sale
1 / 27
Property summary
This exceptional redevelopment opportunity encompasses two parcels at 414 and 418 E Emily St in Tampa, Florida, totaling 19,436 square feet. Currently vacant, the property is zoned Commercial Health, permitting an 87-bed assisted living facility (ALF), as per approved plans. Alternatively, the zoning can be reverted to allow for multifamily or mixed-use development, potentially accommodating up to 30 residential units or a combination of commercial and residential spaces. Further development options include townhomes (18+ units) or a shopping plaza/storage units. The land offers significant value, with a price per square foot of $70.70. The asking price for both parcels is $2,200,000, representing a pro-forma cap rate of 7.50%. The property boasts stunning views of Robles Park and Lake, situated within an Opportunity Zone, presenting investors with substantial tax advantages. While the existing structures could be repurposed, this is a prime opportunity for new construction tailored to the chosen development path. The flexibility in zoning and the property's prime location make this a truly unique investment prospect with considerable upside potential. Detailed plans and further information are available upon request.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
