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    5401 Waters Ave Tampa, FL 33634-1219
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    Property profile & analytics

    5401 Waters Ave Tampa, FL 33634-1219


    • Banks
    • 7,569 SF
    • 1.06 lot acres
    Off-Market
    Last Sale Aug 25, 2021
    $1,400,000
    Property ID
    US18-3394176
    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
    $1,505,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotel / Hotel & Motel
    • Musonium Gallery / Art Gallery

    Property Details for 5401 Waters Ave

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.06 lot acres
    Property size
    7,569 SF
    Zone code
    M
    Property type
    Banks
    APN
    U192818ZZZ000000915800
    APU
    U192818ZZZ000000915800

    Description

    This 5,140-square-foot building, situated on a 1.04-acre corner lot in Tampa, Florida, presents a compelling redevelopment opportunity. Formerly a bank, the property has undergone significant renovations, resulting in a flexible, open floor plan adaptable to various commercial uses. Its location on W. Waters Avenue, a major east-west thoroughfare boasting 45,000 average daily traffic (ADT), ensures exceptional visibility and high traffic exposure. The elevated corner lot provides unobstructed views and allows for prominent pylon signage. The property benefits from its proximity to numerous amenities, including hotels, an AMC cinema, restaurants, a shopping mall, and retail shops, all within a half-mile radius. Convenient access to major roadways such as the Veterans Expressway, I-275, I-4, and Dale Mabry Highway, as well as its location within a 10-minute drive (two exits) of Tampa International Airport, further enhances its appeal. The surrounding area boasts a strong daytime population, with over 139,100 employees within a 5-mile radius. This property is zoned Commercial - M and is located in the North Airport Redevelopment Area, where multiple grants may be available. The asking price is $2,495,000. This is an exceptional opportunity for investors seeking a high-visibility, high-traffic location with significant redevelopment potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,535,000
      ML approach
      $1,680,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5339
    Latitude
    28.0261
    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
    $21,073
    $690,000
    $486,200
    $1,176,200
    -
    $690,000
    $486,200
    $1,176,200
    More about this property
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