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 
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MLS IDX data last updated on 08-03-2025 1:25 PM 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.
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