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4320 N NEBRASKA AVENUE
TAMPA FL 33603 US

$2,800,000

Active Listing ID TB8411513
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Lot: 0.57 Acres
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Mixed Use

$2,800,000

Active Listing ID TB8411513
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4320 N NEBRASKA AVENUE 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

  • Facts
  • Lot Size: 0.57 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 2800000
  • unparsedaddress: 4320 N NEBRASKA AVENUE
  • postalcity: TAMPA
  • stateorprovince: FL
  • country: US
  • postalcode: 33603
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.57
  • lotsizeunits: Acres
  • lotsizearea: 0.57
  • livingarea: 752
  • livingareaunits: Square Feet
  • latitude: 27.984791
  • longitude: -82.451551
  • listagentfullname: Madlena McAllister
  • listagentemail: madlenaflrealtor@gmail.com
  • listagentkey: 3yd-MFRMLSFL-261559463
  • listagentmlsid: 261559463
  • listagentpreferredphone: 8132039758
  • listagentofficephone: 8139078200
  • listofficekey: 3yd-MFRMLSFL-635807
  • listagentstatelicense: 3433083
  • listofficemlsid: 635807
  • disclaimer: Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 2008
  • listingcontractdate: 2025-07-28
  • listagenturl: http://www.bhhsfloridaproperties.com
  • countyorparish: Hillsborough
  • parcelnumber: A-01-29-18-4GZ-000001-00002.0
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.45155, 27.98479
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Berkshire Hathaway Florida Properties Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"madlenaflrealtor@gmail.com", "ListBrokerageCity":"Trinity", "ListBrokerageCountry":"US", "ListBrokerageEmail":"webmaster@bhhsfloridaproperties.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/b39877619ed211e1816412313904f211/20140207221816419.png", "ListBrokerageName":"Berkshire Hathaway Florida Properties Group", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"34655", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7916 Evolutions Way Suite 210", "ListBrokerageWebsiteUrl":"http://www.bhhsfloridaproperties.com", "ListOfficeAddress1":"26771 State Road 56", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Wesley Chapel", "ListOfficeCountry":"US", "ListOfficeEmail":"vdavidson@bhhsflpg.net", "ListOfficePostalCode":"33544", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - TAMPA, FL", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/TB8411513/?channel=rexren", "MLSModificationTimestamp":"2025-07-28T22:17:25Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9116, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/15/2025 3:09:42 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Madlena McAllister, BHHS FLORIDA PROPERTIES GROUP, madlenaflrealtor@gmail.com

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.