$2,200,000

3416 N 15TH STREET, Tampa, FL 33605

  • 4,356 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $505/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Exciting investment opportunity in Tampa! This property package includes a multi-use commercial building, two rental bungalows (located at 3420 N 15th St and 1410 27th Ave), and a vacant lot across the street at 3414 15th St, ideal for additional parking. The total gross area spans 4,952 sq. ft., offering endless potential to operate your business in the main building while generating income from the rentals. The property features ample parking, including a rear lot with four covered spaces for employees or tenants. The additional lot (31x110) across the street provides space for extra parking or a small storage structure. The main building includes: A spacious auditorium with a stage (34x45), Two large office areas (18x28), Two smaller offices (9x20), Two unfinished upstairs offices (18x12), Several storage areas, Five entry points for easy access. The ground floor has the flexibility to be divided into smaller units for subleasing, providing even more income opportunities. The two bungalows include: Bungalow #1: 1,092 sq. ft., 3-bed, 2-bath Bungalow #2: 1,353 sq. ft., 3-bed, 2-bath Both bungalows are currently rented month-to-month at $1,500 each but have the potential for market-rate increases to $2,000–$2,500 a month. Situated close to the vibrant Ybor City business district, downtown Tampa, HCC campus, I-275, and Tampa International Airport, this corner complex boasts a strong rental history and consistent income. The combined parcels, totaling 33,430 sq. ft., have potential for rezoning to a Planned Development (PD) for a multi-family complex. Buyers will need to submit a pre-application to the City of Tampa to begin the rezoning process. All due diligence is the responsibility of the buyer, as the seller makes no guarantees regarding rezoning. This property is ideal for investors looking to create immediate cash flow while navigating the rezoning process. Don’t miss out on this unique opportunity!

Listing Status:
Active
Date Added:
December 6, 2024 at 06:00AM
Listing Office:
SERHANT : 646-480-7665
Listing Agent:
Marisol Horner : 757-350-1375
MLS ID:
TB8326670
  • A/C: Central Air
  • Heating: CentralWall Units / Window Unit

This listing courtesy of Marisol Horner, SERHANT

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Lockhart Elementary Magnet School

3719 N 17th St, Tampa, FL, 33610

Grades PK-5

0.39 miles away

O

Orange Grove Middle Magnet School

3415 N 16th St, Tampa, FL, 33605

Grades 6-8

0.18 miles away

S

Seminole Heights Charter High School

4006 N Florida Ave, Tampa, FL, 33603

Grades 9-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby