4320 N Nebraska Avenue Tampa Florida | Home for Sale
To schedule a showing of 4320 N Nebraska Avenue, Tampa, Florida, Call David Shippey at 863-521-4517 TODAY!
Tampa, FL 33603
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- N/ASqFt
- 2008Year Built
- 0.57Acres
- MLS# TB8411513
- Commercial
- MixedUse
- Active
- Approx Time on Market5 days
- Area33603 - Tampa / Seminole Heights
- CountyHillsborough
- Subdivision Maxwellton Subdivision
Overview
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 Tampas fastest-growing districtsSoutheast 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/storagevacant, 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 redevelopmenttownhomes, duplexes, and multi-family projects are underway.Green ARTery Network Access: Trail system connects to Tampa Heights, Ybor City, and Riverwalkboosting 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 zonesZoning changes allow greater densitytownhouses and duplexes now permitted in formerly single-family zonesDevelopment momentum is strong, with city-backed support for increased connectivity, infill, and urban livingWhether 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.
Agriculture / Farm
Association Fees / Info
Senior Community: No
Association: ,No,
Bathroom Info
Building Info
Building Area Source: PublicRecords
Business Info
Buyer Compensation
Exterior Features
Pool Private: No
Financial
Original Price: $2,800,000
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Spa: No
Lot Info
Direction Remarks: From 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 onto N Nebraska Ave. The property will be on the left.
Number of Lots: 4
Lot Size Units: Acres
Lot Size Acres: 0.57
Lot Sqft: 24,994
Road Frontage Type: MainThoroughfare
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 01
Class Type: MixedUse
Property Sub Type: MixedUse
Property Attached: No
New Construction: No
Construction Materials: Other
Foundation: Other
Human Modified: Yes
Sqft Info
Bulding Area Sqft: 752
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 2
Tax Legal Description: MAXWELLTON 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 TO A PT 86.38 FT FROM SW COR OF THE INTERSECTION OF CHELSEA ST AND NEBRASKA AVE THENCE RUN S 00 DEG 42 MIN 75.53 FT N 89 DEG 56 MIN W 4.55 FT TO SW COR OF E 1/2 OF LOT 1 THENCE N 00 DEG 01 MIN E 75.52 FT TO POB LESS ADD L R /W FOR CHELSEA AND NEBRASKA, ... PLAT W 62 FT OF LOT 1 BLOCK 1 LESS ADD L R/W, ... PLAT E 28 FT OF W 90 FT OF LOT 1 BLOCK 1 AND 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 TO A PT 86.38 FT FROM SW COR OF THE INTERSECTION OF CHELSEA ST AND NEBRASKA AVE THENCE RUN S 00 DEG 42 MIN 75.53 FT N 89 DEG 56 MIN W 4.55 FT TO SW COR OF E 1/2 OF LOT 1 THENCE N 00 DEG 01 MIN E 75.52 FT TO POB LESS ADD L R/W FOR NEBRASKA AT CHELSEA ST
Tax Block: 1
Tax Annual Amount: 9116
Tax Book Number: 8/50
Unit Info
Utilities / Hvac
Water Source: Public
Sewer: PublicSewer
Cool System: WallWindowUnits
Cooling: Yes
Heating: No
Utilities: ElectricityAvailable, MunicipalUtilities
Waterfront / Water
Waterfront: No
View: No
Directions
From 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 onto N Nebraska Ave. The property will be on the left.This listing courtesy of Bhhs Florida Properties Group
MLS# TB8363887 
The information being provided by © 2025 My Florida Regional MLS DBA Stellar MLS is for the consumer's
personal, non-commercial use and may not be used for any purpose other than to
identify prospective properties consumer may be interested in purchasing. Any information relating
to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX)
program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
MLS IDX data last updated on 08-03-2025 2:01 AM EST.
If you have any questions on 4320 N Nebraska Avenue, Tampa, Florida, please call David Shippey at 863-521-4517.
MLS# TB8411513 located at 4320 N Nebraska Avenue, Tampa, Florida is brought to you by David Shippey REALTOR®
4320 N Nebraska Avenue, Tampa, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 4320 N Nebraska Avenue, Tampa, Florida is TB8411513.
The price for 4320 N Nebraska Avenue, Tampa, Florida is $2,800,000.
The status of 4320 N Nebraska Avenue, Tampa, Florida is Active.
The subdivision of 4320 N Nebraska Avenue, Tampa, Florida is Maxwellton Subdivision.
The home located at 4320 N Nebraska Avenue, Tampa, Florida was built in 2025.
Related Searches: Chain of Lakes Winter Haven Florida