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TAMPA, FL 33603 4320 N NEBRASKA AVENUE

4320 N NEBRASKA AVENUE TAMPA, FL - Image 14320 N NEBRASKA AVENUE TAMPA, FL - Image 24320 N NEBRASKA AVENUE TAMPA, FL - Image 3
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Presented By: BHHS FLORIDA PROPERTIES GROUP with 813-907-8200. - 813-907-8200
  • MLS# TB8411513
  • 07/28/2025
  • Request Tour
  • Request Info
  • SQFT • 752

Home Details

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.
Presented By: BHHS FLORIDA PROPERTIES GROUP with 813-907-8200. - 813-907-8200

Interior Features for 4320 N NEBRASKA AVENUE

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes

General for 4320 N NEBRASKA AVENUE

Additional Parcels Descriptiona-01-29-18-4gz-000001-00001.0, a-01-29-18-4gz-000001-00001.2, a-01-29-18-4gz-000001-00001.1
Additional Parcels Y/NYes
Building Area Unitssquare feet
Citytampa
Construction Materialsother
Coolingwall/window unit(s)
Countyhillsborough
Directionsfrom downtown tampa, take i-275 n. use the right lane to take exit 46b toward fl-574/martin luther king jr blvd. follow e dr martin luther king jr blvd/e m.l.k. jr blvd to n nebraska ave. turn left on
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionmaxwellton subdivision corrected plat lot 2 block 1 ... plat e 1/2 of lot 1 block 1 less beg at the nw cor of the e 1/2 of lot 1 block 1 run s 89 deg 56 min e along sly r/w line of chelsea st 3.58 ft
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet24994
Lot Size Unitssquare feet
MLS Area33603 - tampa / seminole heights
ModificationTimestamp2025-07-29t05:30:24.260z
New ConstructionNo
Occupancy Typeowner
Ownershipsole proprietor
Property Subtypemixed use
Property Typecommercial sale
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namemaxwellton subdivision
Tax Annual Amount9116
Tax Lot2
Tax Year2024
Utilitieselectricity available, public
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2008
Zoningcg

Exterior for 4320 N NEBRASKA AVENUE

Building Area Total752
Foundation Detailsother
Lot Size Acres0.57
Lot Size Area24994
Number of Buildings4
Number of Lots4
Road Frontage Typemain throrughfare
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $2,800,000
MLS#TB8411513
List Date 07/28/2025
Property Type Commercial
Phone 407.574.0218
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