FL
Hillsborough
TAMPA
33603
4320 N NEBRASKA AVENUE
4320 N NEBRASKA AVENUE, TAMPA, FL 33603
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Listing Type
Commercial/Industrial
Listing Status
active
25
$2,800,000

Home Details for 4320 N NEBRASKA AVENUE

Price
$2,800,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2008
Lot size acres
0.57
County
Hillsborough
Garage
Days on site
55
MLS Listing#
TB8411513
Property Description

INVESTOR & DEVELOPER DREAM! Seize the opportunity to acquire a prime redevelopment site of a Multi-Use Income Assemblage in Booming SOUTHEAST SEMINOLE HEIGHTS! Unlock the potential of this rare 4-lot income-producing assemblage strategically located in one of Tampa’s fastest-growing districts—Southeast Seminole Heights. Just minutes from Downtown Tampa, Armature Works, I-275, I-4, and the Riverwalk, this high-visibility, high-traffic (160,000+ vehicles/day) corridor presents a prime opportunity for redevelopment, value-add investment, or long-term holding. Zoned SH-CG (Commercial General), the site offers flexible mixed-use development options including retail, residential, multi-family, and boutique commercial. Situated within a designated Opportunity Zone and active CRA district, investors may also benefit from substantial tax incentives and city-supported growth initiatives. Property Overview: Lot 1 (4320 N Nebraska Ave | 12,600 SF): Parking lot + Ice machine producing $1,100/month. Lot 2 (4330 N Nebraska Ave | 5,481 SF): Commercial parcel with small restaurant + key shop producing $3,000/month. Lot 3 (815 E Chelsea St | 2,263 SF): 1,260 SF garage/storage—vacant, ideal for adaptive reuse or expansion. Lot 4 (813 E Chelsea St | 4,650 SF): Charming 1940s bungalow (approx. 3,631 SF) with projected rental income of $2,500/month. Total Current Income: Approx. $6,600/month, with substantial upside through lease-ups, improvements, or phased redevelopment. Investment Highlights: Flexible Zoning (SH-CG): Ideal for mixed-use or high-density residential. High-Income Area: Median household income $78,604+ and rising. Rental Demand: Median rents in the $2,500/month range support consistent cash flow. Historic Character: Includes a 1940s bungalow with adaptive reuse or boutique commercial potential. Opportunity Zone & CRA Location: Tax advantages + city support for ADUs, walkability, and neighborhood revitalization. Infill & Multi-Family Growth: Area attracting significant private and public redevelopment—townhomes, duplexes, and multi-family projects are underway. Green ARTery Network Access: Trail system connects to Tampa Heights, Ybor City, and Riverwalk—boosting lifestyle value and desirability. Why Southeast Seminole Heights? Recognized for historic bungalow charm (nationally featured in 2003 & 2025) Median home prices surged 41 YoY (Feb 2025)—$600K+ in nearby historic zones Zoning changes allow greater density—townhouses and duplexes now permitted in formerly single-family zones Development momentum is strong, with city-backed support for increased connectivity, infill, and urban living Whether you're a seasoned investor, developer, or visionary entrepreneur, this property offers a rare mix of cash flow, character, location, and upside potential. With the right strategy, this site is poised to deliver exceptional returns in a neighborhood on the rise.

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Property Features
  • Cooling Information
    • Wall/Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Electricity Available
Listing Courtesy: BHHS FLORIDA PROPERTIES GROUP - 813-907-8200
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-29 00:00:52
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EXIT BAYSHORE REALTY
201 E. Davis Blvd, Tampa, FL 33606
Cindy Strady
License #: SL3159772
Realtor
Office
813 839 6869
Agent
813 390 9437
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